Burnout ranges have been rising among the many nation’s pharmacy workers over the previous few years. On Tuesday, a brand new healthcare automation startup emerged from stealth to attempt to handle this downside.
The San Francisco-based firm, named Plenful, sells a workflow software that automates guide and administrative workflows for pharmacy technicians. Along with its launch out of stealth mode, the startup additionally introduced that it has closed a $9 million funding spherical led by Bessemer Enterprise Companions and signed contracts with greater than 20 prospects.
Plenful CEO Pleasure Liu mentioned she noticed loads of pharmacy workers members burnt out by the bottlenecks plaguing their each day workflows whereas she was working at Shields Well being Options, a well being system specialty pharmacy firm. When she left the agency, she knew that pharmacies wanted a platform that may combine with disparate information sources to simply automate numerous burdensome duties.
Her startup’s platform seeks to just do that — it ingests information from well being techniques and pharmacies to automate a variety of administrative duties. Some standard use instances amongst well being techniques are referral administration and 340B audits. Well-liked use instances amongst pharmacy prospects embrace referral orders, doc information entry, income cycle administration and 340B claims qualification.
“Plenful’s platform ingests and connects information from numerous sources and codecs, resembling faxes, PDFs and digital well being information. Then Plenful’s extremely configurable and AI-powered platform can apply organization-specific guidelines, flags and automations to this processed information. The platform is designed for healthcare operators, making certain ease of use with out important IT involvement,” Liu defined.
The corporate sells its expertise to well being techniques and pharmacy corporations via annual contracts. A few of Plenful’s greater than 20 prospects embrace Tampa Normal Hospital, Renown Well being and Medicine Administration Companions. The startup claims that its prospects have already saved greater than 50 man-hours per day of in any other case guide work.
The startup could have almost two dozen prospects underneath its belt, however it’s nonetheless coming into an more and more crowded healthcare automation market, populated by the likes of Innovaccer, Notable, Olive AI and Navina. Liu argued that Plenful stands out from the competitors as a result of its particular deal with automating pharmacy operations, in addition to its customizable no-code platform that may course of each unstructured and structured information.
“These traits set Plenful other than typical level options and generic workflow automation platforms. Because of this, there are few opponents providing a comparable stage of healthcare-centric, no-code and extremely configurable workflow automation options within the business,” she declared.
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