Outcome Health partnered with Harvard Health Publications (HHP) to deliver more expertise at the point of care. Outcome Health is a startup which develops technology for doctor’s offices, while Harvard Health already utilizes the knowledge of more than 11,000 Harvard Medical School (HMS) faculty members for the development and publication of patient engagement materials. Currently, Outcome Health has a 20% coverage of the country’s doctors. With this bold action, the company hopes to increase its coverage to more than 70% by 2020.
With a large program, even obscure medical conditions would have a name and offer a possible solution. Information at the point of care has become very important for doctors to ensure that they provide the necessary and correct diagnoses.
The synergy is important for both, simply because of where they were before they teamed up. HHP’s mission is to improve the health of the entire nation. With the use of Outcome Health’s apps, they can reach out more and be able to pursue a medical extension with the use of their knowledge base.
HHP has a huge amount of information about diseases, which is practically the largest repository of medical knowledge in a teaching institution’s hold. As if created to compliment Harvard Health Publications, Outcome Health has the necessary apps already in use, but they still lack the knowledge to put their reach to good use.
Harvard Health is a part of the Harvard Medical System and is based in Boston, MA. The medical school is one of the most prestigious institutions of learning in the world. In contrast, Outcome Health has been valued at $5 billion, and recently closed out its first round of financing. It raised $500 million from investors which include Alphabet’s growth equity investment fund CapitalG.
Digital Waiting Room Screen
One of Outcome Health’s products is Digital Waiting Room Screen, which shows a patient’s specialty-specific content while they wait for their doctors. The company also has Digital Anatomy Board which is inside the exam room, and is used to replace paper pamphlets and show interactive anatomical models. It also has Exam Room Tablet, which gives patients access to easy-to-navigate lifestyle management programs.
With a market penetration of 20%, Outcome Health products can easily enter and expand on their market with the help of Harvard Medical School’s knowledgebase. Outcome has the delivery system which can bring the HMS data to individual doctor’s offices in the country. The information being delivered by Outcome is compelling content that could enable the startup to reach all 40,000 doctor’s offices and exam rooms.
The information that they bring will come from the HMS staff, which has more than enough gravitas for other medical professionals to keep track of them. For medical professionals everywhere, the knowledge base is a compelling reason to allow Outcome Health into their offices.
One problem of today’s crop of medical health apps is that sometimes there is not enough raw data from the patients and what the patient history can show. With a large program, even obscure medical conditions would have a name and offer a possible solution. Information at the point of care has become very important for doctors to ensure that they provide the necessary and correct diagnoses.
The collaboration is going to be beneficial for both sides. More people can access Harvard Health while patients can have better information about their conditions before they go to a doctor’s office.