Phytel provides health care organizations with proven population health technology to deliver timely, coordinated care to their patients. The company's registry uses evidence-based chronic and preventive care protocols to identify and notify patients due for care, while tracking compliance and measuring quality and financial results.
Expert Collections containing Phytel
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Phytel is included in 2 Expert Collections, including Value-Based Care & Population Health.
Value-Based Care & Population Health
The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Latest Phytel News
Sep 5, 2023
Services (Implementation and Integration, Consulting, Support & Maintenance) By Deployment: (Cloud, On Premise) By Application: (Health Management, Social Management, Home Healthcare Management, Financial Health Management, Others) By End User: (Patients, Payers, Healthcare Providers, Others) By Region: (North America, Latin America, Europe, East Asia, South Asia Pacific, Middle East and Africa) If You want to Purchase Specific Insights By Segment/Region/Competitor, Request For Customization@ https://www.persistencemarketresearch.com/request-customization/4221 Market Trends Telehealth Integration The integration of patient engagement solutions with telehealth platforms is a growing trend. Telehealth allows patients to access healthcare services remotely, and the inclusion of patient engagement tools enhances the overall telehealth experience by providing features like virtual consultations, secure messaging, and remote monitoring. Personalization Patient engagement solutions are increasingly using artificial intelligence (AI) and machine learning to provide personalized healthcare experiences. Tailoring content, reminders, and recommendations to individual patient needs and preferences improves engagement and adherence to care plans. Mobile Health (mHealth) Adoption The widespread use of smartphones has fueled the adoption of mobile health apps. These apps offer features such as appointment scheduling, medication reminders, and health tracking, making it easier for patients to manage their health on-the-go. Data Security and Privacy Data security and privacy concerns remain paramount in the patient engagement solution market. Compliance with regulations like HIPAA (Health Insurance Portability and Accountability Act) is essential to build trust among patients and healthcare providers. Market Challenges Data Integration Integrating patient engagement solutions with existing healthcare systems and electronic health records (EHRs) can be complex and costly, hindering adoption for some healthcare providers. Interoperability Ensuring interoperability between different patient engagement tools and healthcare IT systems remains a challenge. Standardization efforts are ongoing to address this issue. Patient Adoption Encouraging patients to actively use patient engagement solutions can be challenging. Some patients may lack digital literacy or motivation to engage with these tools effectively. If You Want To Know The Business Opportunity/Market Value, Purchase The Premium Insight @ https://www.persistencemarketresearch.com/checkout/4221 Competitive Landscape The patient engagement solution market is highly competitive, with numerous vendors offering a wide range of solutions. Top Key players in the market include: Allscripts Healthcare Solutions, Mckesson Corporation, Cerner Corporation, Phytel Inc, Medecision Inc, Athenahealth Inc, Novartis, Roche Holding AG, Bayer, GlaxoSmithkline, IQVIA Recent Developments Mckesson and Merck established a strategic collaboration in August 2021, allowing the two healthcare titans to use the power of real-world evidence to improve patient outcomes and create cancer therapies. on February 2021, Humana and IBM collaborated to deliver IBM Watson Assistant for Health Benefits, an AI-enabled virtual agent created on the IBM Watson Health Cloud. Agent Health provides Humana Employer Group Members with a better member experience as well as enhanced clarity and transparency on benefits and other related topics. Future Outlook The patient engagement solution market is poised for continued growth in the coming years. Factors such as the increasing adoption of telehealth, the emphasis on personalized healthcare, and ongoing technological advancements are expected to drive market expansion. Additionally, the post-pandemic era has accelerated the adoption of digital health solutions, including patient engagement tools, making them an integral part of the healthcare ecosystem. However, addressing challenges related to data integration, interoperability, and patient adoption will be crucial for sustained growth. Other Trending Reports: About Persistence Market Research: Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges. Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part. Contact
Phytel Frequently Asked Questions (FAQ)
When was Phytel founded?
Phytel was founded in 1997.
Where is Phytel's headquarters?
Phytel's headquarters is located at 11511 Luna Road, Farmers Branch.
What is Phytel's latest funding round?
Phytel's latest funding round is Acquired.
How much did Phytel raise?
Phytel raised a total of $40.35M.
Who are the investors of Phytel?
Investors of Phytel include IBM, Polaris Partners, CARIS and LAH Investments.
Who are Phytel's competitors?
Competitors of Phytel include Lumeon.
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