What You Ought to Know:
– Eleos Well being has introduced a $20 million Collection A spherical, co-led by F-Prime Capital and Eight Roads Ventures, bringing their whole increase to $28 million.
– Eleos Well being is a behavioral well being utility for voice AI, working ambiently within the background of psychological well being clinician-patient conversations. It’s in manufacturing use with 20+ care suppliers and well being plans, with a objective of unlocking as much as 30% extra psychological well being care supplier capability because the U.S. grapples with clinician shortages.
Eleos Well being, a supplier of CareOps Automation for behavioral well being, at present introduced that it has raised $20M in Collection A funding. The spherical was co-led by F-Prime Capital and Eight Roads Ventures, with participation from current buyers aMoon Fund, lool ventures, and Arkin Holdings, bringing Eleos’ whole increase to $28M.
CareOps Automation: The Way forward for Behavioral Healthcare
Right now, 30 million People reside with untreated psychological well being circumstances. Even probably the most optimistic math exhibits that the present provide of 600,000 lively licensed U.S. therapists falls far wanting assembly affected person demand. Because the U.S. works to broaden its behavioral well being workforce, current psychological well being care suppliers are shouldering a crushing workload, with self-reported burnout charges amongst psychiatrists at 78%. Launched in early 2020, Eleos Well being is a breakthrough scientific utility for voice AI, working ambiently within the background of behavioral well being clinician-patient conversations (full affected person consent and permission are pre-conditions of scientific use).
Overlaying mainstream digital well being information (EHRs) and operable in each digital and in-person care settings, Eleos securely and autonomously captures and interprets in-session themes and moments, producing post-session scientific progress notes and insurance coverage coding. On common, Eleos cuts clinician documentation time by 40%. Eleos’ superpower is its means to provide each particular person clinicians and scientific management unique insights. Among the most typical insights Eleos produces are:
– Recurring in-session key phrases spanning main conversational themes and moments
– How a scientific intervention was used: CBT would possibly embrace a temper examine, agenda setting, reflective listening, homework and motion planning
– Clinician pay attention time vs. discuss time, or when and the way typically a clinician interrupts a affected person
– Observe-wide proportion of clinicians delivering evidence-based apply
– Affected person enchancment charge
“Behavioral well being practitioners deserve superior know-how consultant of and equal to the function they play in caregiving and therapeutic,” stated Alon Joffe, CEO and Co-Founder, Eleos Well being. “In behavioral care, the dialog is the therapy. For the primary time, Eleos is making it doable to digitize and handle the unstructured nature of behavioral well being conversations, lending psychotherapists a brand new line of sight into affected person wants, progress and outcomes.”
Traction to Date
Eleos is presently utilized by hundreds of clinicians throughout greater than 20 nationwide care suppliers and well being plans, together with Gaudenzia House, The Brookline Heart for Psychological Well being and Coleman Well being Companies. Eleos has captured greater than 6.5 million minutes of therapy to this point, and is projecting 30 million minutes captured by the top of 2022.