Wonder

Research Outline

Prepared for Arra M. | Delivered April 4, 2020

Patient Engagement and Communication Providers

Goals

To provide a competitive landscape for Memora Health by providing the funding rounds, current customers and target customer types, pricing, product differentiation, and employee size of each of its competitors including Dialog Health, Patient Trak, and Cipher Health and others discovered during the course of this research. To provide a list of legacy companies and EMRs that offer mobile SMS follow ups with patients. And finally, to find the number of health systems, hospitals, private practices that use mobile SMS function to interact with patients, including scheduling or health related inquiries.

Early Findings

CipherHealthBelow, we have provided a summary of the required information on CipherHealth, more details can be found in the attached spreadsheet.
Funding RoundsIn 5 funding rounds between 2009 and 2018, CipherHealth raised a total of $55.5 million. 
The first round was Series A in 2009, the second was a Venture round in 2012, the third was Series B in 2013, the fourth was a Convertible Note in 2017, and finally, a Corporate round in 2018, which brought in $37.5 million.
Other InformationCipherHealth offers its services to hospitals, health systems, physician groups, skilled nursing facilities, home health agencies, and managed care organizations. 
CipherHealth's key differentiation and advantages include patient education, care planning, appointment scheduling, personal health record, and progress tracking.
CipherHealth has 156 employees. 