b.well Connected Health

Overview

b.well Connected Health is a company that provides a digital health platform aimed at unifying healthcare data for consumers. Founded in 2015, the company is based in Baltimore, Maryland. Its platform offers features such as longitudinal health records and personalized health insights, which are designed to enhance patient management and care delivery by integrating data from various healthcare sources. Kristen Valdes is the founder and CEO of b.well Connected Health.

Recent Developments

February 2024: b.well Connected Health announced a $40 million Series C funding round led by Leavitt Equity Partners, aimed at scaling their platform in unifying patient data. Samsung's Head of Digital Health joined the board, indicating a strategic push towards enhancing consumer health experiences through digital integration.
December 2023: Sarah Jones was appointed as the Chief Outcomes Officer, a role focused on aligning patient outcomes with strategic growth for health system clients. Jones brings significant expertise in digital health, having worked previously with Firefly Health and Best Buy Health.
October 2023: Integration with Samsung Health was announced, aiming to offer comprehensive personal health records and insights to millions of users, integrating wearables, pharmacies, and insurance data.
November 2023: b.well introduced a new AI architecture on its FHIR-based platform, ready to integrate with existing healthcare workflows to enhance care delivery through natural language processing and data insights.
2023: A partnership with CLEAR was launched to simplify consumer access to health data across healthcare networks, thereby reducing repetitive logins and enhancing data security.

Attribute	Information
Founding Date	2015
Headquarters	Baltimore, Maryland, USA
Founders	Kristen Valdes, Bryan Jones, Richard Jalichandra
Revenue	Not specifically disclosed, but company has raised $105M in total.
Profits	Not specifically disclosed.
Key Investors	Leavitt Equity Partners, Samsung Electronics, UnityPoint Health Ventures
Industry	Digital Health/Health Technology
Number of Employees	Approximately 129 as of 2024

Early History

Founded in 2015 by Kristen Valdes, b.well Connected Health emerged from a personal health experience. Valdes, having worked in healthcare for decades, realized significant gaps in personalized care when handling her daughter Bailey's autoimmune disorder. This experience highlighted the lack of system integration within healthcare. Dedicated to overcoming these challenges, Valdes established b.well to create a platform that could unify all aspects of patient health data into a single user-friendly interface, thereby simplifying access and improving care outcomes.

Company Profile and Achievements

b.well Connected Health operates on a technology-driven model that consolidates multiple streams of patient data into a cohesive digital health ecosystem. The platform, FHIR-based, is designed around interoperability and patient-centered insights, mainly targeted at payers, providers, and health systems. Significant milestones and achievements include:

Expansion to Major Partnerships: Collaborated with Samsung to enhance mobile health record keeping.
AI and Data Integration: Launched AI-driven models to streamline personalized healthcare recommendations and care pathways.
Strategic Partnerships: Developed alliances with major health systems, enabling improved care coordination through its digital solutions.
Funding and Growth: Successfully secured substantial funding to scale operations and advance its technology offerings, reflecting confidence from major investors.
Innovative Solutions in Health Management: Introduced tools for managing chronic conditions and healthcare maintenance, aimed at reducing costs and enhancing care quality.

Current Operations and Market Position

b.well Connected Health focuses on disrupting conventional healthcare delivery by offering a unified data platform. It addresses fragmentation in healthcare by integrating electronic medical records, insurance data, and patient-administered information, allowing a comprehensive view of patient health. Positioned as a leader in the digital health space, b.well is leveraging partnerships to increase its market footprint, notably with Samsung Health and major US healthcare providers. Its commitment to privacy and data security, along with robust AI applications, afford it a competitive edge in enhancing user satisfaction and operational efficiency.

Conclusion

b.well Connected Health stands out in the health technology landscape by addressing critical issues of data fragmentation and consumer access in healthcare. With its innovative platform, the company promises enhanced healthcare delivery and public wellbeing by enabling seamless data exchange and personalized health management. As the healthcare industry evolves, b.well's strategic growth, underpinned by technological advancement and key partnerships, positions it well to continue driving significant impact in how patient care is managed and delivered.