Boston-based digital engagement open-platform Zillion, has raised $28 million in a Series C investment round led by TwinFocus Capital Partners. TwinFocus’ Co-founder and Managing Partner Paul Karger, CFA, will be joining Zillion’s Board of Directors.
The company claims that the funding will be used to fuel its growth and ongoing enhancement of its SaaS-based digital engagement platform. Zillion specializes in patient engagement and video consultation that enables healthcare providers to reach out to patients. It also claims to help improve revenue cycle and outcomes.
Jim Boyle, Chairman and CEO of Zillion said, “Engagement is the most over-used and under-delivered word in healthcare. Despite widespread interest in digital health programs, telephonic outreach is still the norm resulting in vast inefficiencies across the continuum of care. Zillion’s solution is all about providing a better way of communicating live and a more efficient vehicle to increase engagement, create social networks and virtualize content to deliver optimal patient care and achieve desired outcomes.”
This investment underscores TwinFocus’s confidence in our company, our mission and our technology platform. We look forward to expanding into additional healthcare applications and driving innovation in online patient engagement to reduce costs in the healthcare system and improve outcomes.
How does it work?
With Application Program Interfaces, Zillion builds a customized CMS (Content Management System) for healthcare providers so that it becomes easy for them to connect with their patients. Using this, the healthcare providers can add their logo, and then pick and choose the tools and features that enable them to connect with their patients.
Moreover, the additional technology includes, video conferencing along with content delivery through group-chats and webcasts. It also claims to have interactive messaging, curriculum scheduling, alerts and reminders, digital workforce management, data analytics, monitoring, and goal tracking.
In addition to consolidating medical records, Zillion also collects patient data from the smartphones it is connected to. Being a HIPAA-compliant (Health Insurance Portability and Accountability Act) platform, it can be used by healthcare providers to securely send confidential forms and documentation, including lab results to the patients.