Kyruus announced this week that it will acquire patient engagement company Epion Health for an undisclosed sum, marking the provider search and scheduling company second purchase.
Kyruus provides tools for patients to help them find providers and book appointments, and a platform for healthcare systems to match and maintain information about their providers. Epion’s services include online check-in, a telemedicine platform, and tools for connecting with patients such as B. Reminders to plan preventive care or explain pre-surgery instructions.
The companies said the combined entity will work with more than 500 health systems and medical groups.
“Epion Health is a trusted partner to hundreds of healthcare systems and physician offices,” said Dr. Graham Gardner, CEO and founder of Kyruus, in a statement. “By bringing our solutions together, we are uniquely positioned to provide an end-to-end offering that makes it easy for patients to find and schedule care, complete pre-visit tasks, and meaningfully engage with their providers , regardless of where they start their treatment search.”
THE BIGGER TREND
In late 2020, Kyruus announced plans to acquire Cambia Health Solutions’ patient navigation and pricing transparency company HealthSparq. This deal closed in spring 2021.
Kyruus announced that it had raised $30 million in funding in June 2020, not long after a $42 million Series D funding round. According to Crunchbase, Epion has a total funding pot of more than $10 million.
There are a number of competitors in the field of patient engagement and communication. UpFront recently announced a Series C funding round of $10.5 million shortly after the company announced it had acquired fellow engagement company PatientBond.
Luma Health, which offers scheduling, messaging, and provider recommendation tools, announced a $130 million Series C round last November, bringing the total raise to $160 million.
ON THE RECORD
“This is an win for our customers who now have a broader range of solutions for their patients, including appointment scheduling, while receiving the same high level of care and service that Epion has provided over the years,” said Joe Blewitt , CEO of Epion a statement. “The powerful combination of our platforms will make it easier for providers and healthcare organizations of any size and in any market to connect with patients and foster a commitment to quality care that is convenient, accessible and efficient.”