HealNow, a healthcare technology company, recently secured a $5.5 million Seed round led by Bonfire Ventures, with participation from Walkabout Ventures, Remarkable Ventures, Alabama Futures Fund, Impulsum Ventures, and notable fintech and healthcare investors. This funding will further enhance their mission to revolutionize the pharmacy industry by making advanced tools accessible to pharmacies of all sizes.
Bridging the Digital Gap for Pharmacies
In a world where online presence is crucial, pharmacies often lag behind due to technological disparities. The majority of pharmacies still operate predominantly offline, while large chains like CVS have a strong online presence. HealNow aims to level the playing field by providing pharmacies with a seamless online checkout experience. With their state-of-the-art payments technology, patients can easily schedule deliveries, purchase over-the-counter items, and pay for prescriptions online. This initiative not only accelerates payment workflows but also significantly enhances the overall patient experience.
Partnerships and Integrations
HealNow is not just stopping at funding; they’re forging essential partnerships with healthcare organizations like Omnicell, NCPA, and APC. Additionally, they’ve integrated with pharmacy management systems like PioneerRx, Liberty, and Keycentrix. These collaborations and integrations aim to create a holistic ecosystem that supports the pharmacy industry’s digital transformation.
Features and Benefits of HealNow
Streamlined Communication: HealNow simplifies the way pharmacies handle phone calls, reducing administrative tasks, increasing efficiency, and enhancing patient satisfaction.
Seamless Integration: It effortlessly blends with existing pharmacy management systems, ensuring smooth operations.
Advanced Payment Solutions: HealNow accelerates medication payments, saving time and cutting expenses.
Enhanced Patient Experience: Patients can conveniently add over-the-counter items and services during checkout, improving adherence to treatment plans and expanding pharmacy sales.
A Vision for the Future
HealNow plans to utilize the funding to bolster product development and expand partnerships within the pharmacy service industry. Their goal is to serve pharmacies of all sizes, from retail and hospitals to universities and veterinarians, making healthcare more accessible and patient-friendly.
Democratizing Pharmacy Technology
Mark Mullen from Bonfire Ventures believes that HealNow is at the forefront of democratizing pharmacy technology. Their innovative product and industry experience position them as a leader in the pharmacy checkout solution landscape. HealNow’s commitment to growth and innovation is set to reshape the pharmacy industry.
TL;DR:
HealNow, backed by a $5.5 million Seed round led by Bonfire Ventures, is on a mission to bridge the technological gap in the pharmacy industry. Their platform empowers pharmacies of all sizes to provide a seamless online checkout experience, improving patient satisfaction and efficiency. With partnerships and integrations, they aim to lead the way in democratizing pharmacy technology.
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