Class-Creating Digital Well being Platform Secures New CEO and Main Partnerships and Profitable Affected person Outcomes, Time- and Value Financial savings Drive Speedy Development
STAMFORD, CT, USA, Might 2, 2022 /EINPresswire.com/ — UPSWING HEALTH, the physician-founded musculoskeletal (MSK) well being care innovator, whose diagnostic, triage, therapy and restoration platform solves the disaster of each extreme, inappropriate utilization and under-treatment of hundreds of thousands of orthopedic accidents, introduced at present that it has closed its oversubscribed seed spherical. This $5 million spherical options participation from new and current traders – leaders in digital well being, expertise and finance- together with Montage Ventures, Connecticut Improvements, WTI, Ikigai Healthcare Fund and different strategics. The brand new funding will likely be used to gas Upswing Well being’s speedy development, entice further key management, and speed up product improvement, advertising, and partnership gross sales.
MSK accidents and power circumstances that require therapy are presently shoved thoughtlessly into the identical therapy protocols, whether or not the ER, pressing care, main care or on to orthopedists — with out upfront precision or diagnostic intelligence. Upswing Well being addresses this elementary flaw, proving that should you establish the issue on the prime of the “care funnel” utilizing its proprietary evaluation device, sufferers may be effectively directed to the fitting therapy method. This protects time – giving the affected person extra speedy care and aid – and retains them out of the ER or Pressing Care except completely essential. Importantly, it means time-stressed and costly orthopedists get entangled solely when essential.
Upswing Well being was based in 2017 by Board Licensed Orthopedic Surgeons Dr. Jay Kimmel and Dr. Steven Schutzer, who confronted this downside every day. With greater than 60 years of mixed orthopedic and surgical apply, they sought to ship handy, equitable entry to increased high quality orthopedic care extra effectively and at a decrease price. An end-to-end providing — half diagnostic platform, half digital clinic, half therapy program — Upswing Well being helps individuals of all ages of their “ouch moments” diagnose, stop and recuperate from orthopedic accidents.
“This profitable funding spherical displays traders’ collective confidence within the innovation Upswing Well being has delivered to market and its future as a a lot bigger enterprise,” stated Yenvy Truong, CEO of Upswing Well being. “We had been delighted to search out ourselves oversubscribed and in a position to develop the providing. The capital raised will assist us proceed to ship rapid entry to the very best high quality of care whereas lowering wasted time and assets.”
“With sturdy management, strategic partnerships, and a novel mannequin, Upswing Well being is making nice strides in delivering higher outcomes for individuals with musculoskeletal points,” stated Matthew Storeygard, Senior Managing Director at Connecticut Improvements. “We stay up for supporting Yenvy and the group as they proceed to remodel orthopedic medication and speed up the expansion of the corporate.”
Not like rivals that deal with solely the $200 billion MSK market, Upswing Well being additionally instantly addresses the $1 trillion market of healthcare wastage and inefficiency. Leveraging synthetic intelligence, medical experience and an modern care supply mannequin, Upswing is the digital entrance door for each acute and power orthopedic circumstances, producing higher outcomes whereas lowering prices for each individuals and suppliers.
With a mission to assist 10 million individuals alleviate affected by MSK ache by the tip of 2023, Upswing Well being is aggressively enhancing its capabilities. It just lately employed as CEO Yenvy Truong, a seasoned healthcare government who started her profession as an analytical chemist and ascended the ranks of a number of companies earlier than embarking because the founder and catalyst of a number of profitable corporations within the digital well being, metabolic, useful, anti-aging and regenerative medication arenas. All through her profession, Yenvy has embodied a ardour for systemic reform, and has lengthy promoted the implementation of cutting-edge expertise and different medical and scientific developments into customary affected person care. Her most up-to-date endeavor as CEO at a healthcare startup shepherded breakthrough analysis all the way in which to an accredited digital well being enterprise that secured three patents and a few of the world’s most prestigious scientific organizations as purchasers. She holds a BS in Biomedical Engineering, an MBA and a certification in Mergers and Acquisitions from Stanford College.
For extra data on Upswing Well being, please go to www.UpswingHealth.com.
About Upswing Well being:
Upswing Well being is a startup that was created to unravel America’s billion-dollar disaster in MSK care with a radical re-reinvention of the supply system – for people and employers. The corporate replaces the present mannequin, which forces the injured to battle by means of the time-consuming and dear decisions of ERs, Pressing Care Facilities, Major Care Physicians and Orthopedists. USH’s digital platform replaces that damaged system with a greater method utilizing a proprietary diagnostic device that sends sufferers to a well being coach first because the digital front-door to MSK care. That is ample for as many as 80% of all instances; those that want extra refined care are quickly triaged. Sufferers keep within the USH ecosystem for everything of their journey– from prevention to prognosis and restoration. USH was based by orthopedists and is already working for a state authorities and municipality well being plans and main well being care suppliers. For extra data on Upswing Well being, please go to: www.UpswingHealth.com.
Susan Mallory
Mission1 Public Relations
+1 551-404-3963
Susan@Mission1PR.com