Lumeon Raises $30M in Series D Funding

lumeon

Lumeon, a Boston, MA-based care pathway orchestration company, closed a $30M Series D funding.

The round was led by new investors Optum Ventures and Endeavour Vision, with participation from current investors LSP, MTIP, IPF Partners, Gilde and Amadeus Capital Partners.

The company intends to use the funds to extend the reach of its platform.

Led by founder and CEO Robbie Hughes, Lumeon provides a Care Pathway Management (CPM) platform, which helps healthcare providers automate their patient care coordination to improve care quality and reduce costs. The CPM platform uses real-time data to dynamically guide patients and care teams along their care journeys. By automating, orchestrating and virtualizing care delivery across care settings, Lumeon’s solutions allow health systems to operate with predictability and efficiency, delivering optimal care to each patient while substantially lowering costs for healthcare providers.

The platform integrates with all electronic health record (EHR) systems in addition to incorporating required clinical and administrative data from point solutions and devices, addressing the fragmented nature of healthcare technology and the challenge of interoperability. More than 70 health systems across 12 countries have deployed Lumeon’s platform.

FinSMEs

11/08/2020

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