HealthAtom Empowers Small Healthcare Offices in Latin America with Cloud-Based Operations
HealthAtom aims to be the cloud-based operating system for small and medium healthcare businesses in Latin America (LatAm). Although the company has been around since 2012, this is the first time it has announced new capital, amounting to $10 million.
HealthAtom's medilink and dentalink software suites allow clinics to create schedules, manage electronic health records, manage inventory, administer payroll, and provide budget breakdowns and regulatory filings. They also have telehealth features that allow patients to access their records on a mobile device.
The supplier will contact HealthAtom with information about the size of their operations and their needs and wants. After a consultation, a plan will be drawn up and the information can be transferred to the cloud platform, respecting local regulations. According to the founders, a clinic can have its operations up and running on the system in three hours.
Depending on the size of the operation and local regulations, a clinic may pay between $20 and $20,000 per month. Today, HealthAtom has nearly 6,500 customers in 20 countries with main operations in Chile, Colombia and Mexico. In addition, 50,000 physicians and dentists use the company's services and process more than 42 million appointments annually.
"We're at the point where the sales tension happens, at the information level," co-founder and CEO Roberto León said in an interview with TechCrunch (conducted in Spanish and translated by the author) . "It is a tool that could go beyond SaaS and transform us into a technological solution integrating the entire ecosystem to increase the transparency of healthcare processes."
According to a report by the McKinsey Global Institute, the adoption of digital in health systems in Latin America has satisfied large hospitals and ignored small and medium-sized businesses. In addition, the offers available for SMEs are often less affordable and do not meet the needs of a clinic. HealthAtom wants to be part of the solution by being the "one stop shop" for small and medium sized health clinics to manage their operations.
Image credits: HealthAtom
While some local and national companies provide similar services, HealthAtom remains the only Latin America-wide provider. Although the company offers continental reach, the founders told TechCrunch that it is difficult to meet the regulations of each country.
“There is regulation and compliance about how things are signed, how information is stored, how certain health data must be recorded,” said co-founder and CPO Daniel Guajardo . "All this has variations from country to country and has allowed us, during these 10 years of start-up, to be able to focus on a very regionalized product."
HealthAtom has secured support in the form of a $10 million Series A led by Kayyak Ventures, with participation from FJ Labs, Soma, Amador, Taram and (a number of) Angels.
>Funds from this round will be used to integrate embedded payments into its software, form partnerships with insurance companies, and develop a patient loan program.
HealthAtom aims to be the cloud-based operating system for small and medium healthcare businesses in Latin America (LatAm). Although the company has been around since 2012, this is the first time it has announced new capital, amounting to $10 million.
HealthAtom's medilink and dentalink software suites allow clinics to create schedules, manage electronic health records, manage inventory, administer payroll, and provide budget breakdowns and regulatory filings. They also have telehealth features that allow patients to access their records on a mobile device.
The supplier will contact HealthAtom with information about the size of their operations and their needs and wants. After a consultation, a plan will be drawn up and the information can be transferred to the cloud platform, respecting local regulations. According to the founders, a clinic can have its operations up and running on the system in three hours.
Depending on the size of the operation and local regulations, a clinic may pay between $20 and $20,000 per month. Today, HealthAtom has nearly 6,500 customers in 20 countries with main operations in Chile, Colombia and Mexico. In addition, 50,000 physicians and dentists use the company's services and process more than 42 million appointments annually.
"We're at the point where the sales tension happens, at the information level," co-founder and CEO Roberto León said in an interview with TechCrunch (conducted in Spanish and translated by the author) . "It is a tool that could go beyond SaaS and transform us into a technological solution integrating the entire ecosystem to increase the transparency of healthcare processes."
According to a report by the McKinsey Global Institute, the adoption of digital in health systems in Latin America has satisfied large hospitals and ignored small and medium-sized businesses. In addition, the offers available for SMEs are often less affordable and do not meet the needs of a clinic. HealthAtom wants to be part of the solution by being the "one stop shop" for small and medium sized health clinics to manage their operations.
Image credits: HealthAtom
While some local and national companies provide similar services, HealthAtom remains the only Latin America-wide provider. Although the company offers continental reach, the founders told TechCrunch that it is difficult to meet the regulations of each country.
“There is regulation and compliance about how things are signed, how information is stored, how certain health data must be recorded,” said co-founder and CPO Daniel Guajardo . "All this has variations from country to country and has allowed us, during these 10 years of start-up, to be able to focus on a very regionalized product."
HealthAtom has secured support in the form of a $10 million Series A led by Kayyak Ventures, with participation from FJ Labs, Soma, Amador, Taram and (a number of) Angels.
>Funds from this round will be used to integrate embedded payments into its software, form partnerships with insurance companies, and develop a patient loan program.
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