January 26, 2022

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Luma Wellness Raises $130 Million in Sequence C Funding to Unify, Automate, and Completely transform Patients’ Healthcare Journeys

“In the limited-knit neighborhood of company health care, word of Luma Overall health has gotten out,” explained Adnan Iqbal, Luma Health’s co-founder and CEO. “With this investment, we will continue to fulfill the calls for of major health care supply methods nationwide and supply on our promise to our consumers: aiding change the complexities of health care into handy, seamless activities for their sufferers.”

Luma Wellbeing is the most detailed platform readily available to unify and automate the patient health care journey. It is now used by extra than 550 health and fitness methods, hospitals, federally experienced health and fitness facilities (FQHCs), and clinic networks nationwide. The system integrates with much more than 80 electronic overall health documents (EHRs) and major suppliers throughout the healthcare IT stack to centralize and automate scheduling and communication with patients. Luma Health’s prospects use its 25+ out-of-the-box, customizable answers and its scalable integration platform to develop bespoke affected person encounters.

“A partnership with Luma Health was the only preference for FTV,” said Alex Mason, husband or wife at FTV Funds. “As deeply sector-targeted traders with a prosperous history in health care technological know-how, we’ve invested substantial hard work analyzing the total patient engagement landscape in look for of a resolution that can genuinely completely transform the affected individual journey from one that’s fragmented and disconnected to just one that’s unified and seamless. The initial-rate suggestions we heard from Luma Well being clients and the depth and breadth of its system and vision produced it clear that Luma Overall health is the long term of individual engagement.”

Luma Health has enabled electronic transformation initiatives to satisfy new client expectations at wellbeing systems nationwide, which includes Montefiore Professional medical Centre, Prepare dinner County Well being, Banner Health and fitness, and Franciscan Alliance, and at top FQHCs, which include CommuniCare Overall health Facilities and Solar River Well being. Among a number of effective initiatives, a person was the quick deployment of mass COVID-19 vaccination strategies serving two million sufferers.

Luma Health’s shoppers and business companions, which include the educational professional medical center-centered Client Accessibility Collaborative, numerous condition-level primary treatment corporations, and population health companions these types of as Azara Health care, function with Luma Health and fitness for its in depth technologies, open system, and skill to co-style seamless individual activities alongside buyers:

  • Jeff Johnson, VP of Innovation and Digital Company at Banner Health and fitness: “Luma Health delivers. They are a special associate of Banner – we evaluated in excess of 100 possible partners and picked Luma since they have the most extensive platform that presents exclusive integration options with Cerner. We count intensely on Luma’s remarkable workforce members to present us the assist we will need to electrical power our digital transformation. We consider they are the upcoming – their platform operates patient engagement for Banner, permitting us to change more quickly, deliver effectively and innovate promptly.”
  • Adam Weber, Govt Director of Operations and Guidance Companies at Prepare dinner County Overall health: “Luma Well being is our system to handle patient scheduling and conversation at scale,” stated Weber. “Serving above 5 million sufferers throughout the Chicagoland area indicates we will need a partner that can cope with what ever we throw their way. Luma Overall health normally delivers – irrespective of whether that’s their deep scheduling integrating into Cerner, scalable vaccine operations, affected individual outreach, or flexible messaging capabilities. Luma Wellness permits us to meet people exactly where they are, supply treatment and enhance client gratification at Cook dinner County Wellbeing.”
  • Greg Hyzak, VP of Details Programs and CIO at Kelsey-Seybold Clinic: “We see Luma Health’s platform as a main operating program to empower Kelsey-Seybold to attain our critical strategic targets,” explained Hyzak. “The exceptional bi-directional integration with Epic is unmatched in the industry and the speed of execution and innovation of new abilities is what we glance for in a strategic associate.”

Fueled by this funding, Luma Health will go on to create its system to meet the digital transformation demands of company wellbeing techniques, hospitals, FQHCs, and clinic networks and stay legitimate to its mission of bringing equitable access to care to patients nationwide.

About Luma Well being
Luma Health and fitness was launched on the thought that health care must get the job done much better for all people. Each single point alongside the care journey must be very simple, seamless, and helpful, from accessing treatment to accomplishing wellness goals. Luma Overall health empowers companies to make this a reality as a result of its electronic overall health methods, intended to improve accessibility, streamline affected individual-provider communications, and generate improved revenues. Headquartered in San Francisco, Luma Health’s Full Individual Engagement Platform™ is accelerating the electronic transformation in health care by offering electronic health answers that travel individual engagement and steady treatment, empowering countless numbers of companies and a lot more than 30 million clients across the United States right now. Extra details about the corporation is accessible at https://www.lumahealth.io/, https://website.lumahealth.io/, https://www.linkedin.com/organization/lumahealth/, https://www.facebook.com/lumahealth, and https://twitter.com/lumahealthhq.

About FTV Cash
FTV Cash is a development fairness financial investment firm that has lifted virtually $4 billion to spend in substantial-development companies supplying a variety of innovative solutions in 3 sectors: company technological innovation and solutions, money companies, and payments and transaction processing. FTV’s skilled group leverages its domain know-how and tested keep track of history in each of these sectors to support inspired administration groups speed up advancement. FTV also presents corporations with obtain to its Worldwide Partner Network®, a group of the world’s top enterprises and executives who have aided FTV portfolio providers for two many years. Established in 1998, FTV Funds has invested in additional than 125 portfolio businesses, together with 6 Levels Wellness, Docupace, Derivative Route, EBANX, LoanPro and Vagaro, and productively exited/partly exited companies like Enfusion, InvestCloud (recapitalized), Strata Fund Alternatives (obtained by Alter Domus), Daylight Financial, VPay (obtained by Optum) and WorldFirst (obtained by Ant Financial). FTV has workplaces in San Francisco, New York and Connecticut. For a lot more information, be sure to pay a visit to www.ftvcapital.com.

Call Information and facts:
Jennifer Mirabile on behalf of Luma Wellbeing
[email protected] 
t: 223-444-6131

Alexa Ottenstein on behalf of FTV Cash
[email protected]
t: 646-818-9051

Source Luma Wellness