Reverence, a digital health company focused on managing in-home health services, raised $9.5 million and acquired an artificial intelligence (AI)-powered staffing platform, Hirehand, to augment the Reverence service. The funding round was led by Target Global.
Reverence’s digital-first product suite streamlines and improves the end-to-end experience for the home care ecosystem—including patients, family caregivers, clinical and non-clinical practitioners, and provider groups. At the core of this platform is Hirehand’s unique staffing product, which leverages artificial intelligence to help provider groups optimize who they send into a patient’s home and when—better matching carers to patients and increasing coverage of market demand.
The Reverence platform provides tools and training to maximize practitioner impact on patient health and well-being. For example, the platform powers data-sharing across all practitioners entering the home, including family caregivers, and provides condition-specific checklists supporting more rigorous and clinically-sound in-home care plans. In the coming months, Reverence will expand its offerings with a focus on guiding clinically sound and financially sustainable care models. Family members will have the opportunity to integrate their insights and observations alongside input from paid practitioners to inform the best possible care plan and improve patient outcomes.
Reverence is a digital health company reinventing how in-home care is managed. Reverence combines technology and data with a people-first approach that benefits the entire care ecosystem: caregivers, patients and their families, and provider organizations. Reverence’s digital-first platforms and tools operationalize clinically effective home-based care at scale.
This was reported by Reverence on May 10, 2022, at https://www.globenewswire.com/news-release/2022/05/10/2439828/0/en/Reverence-Emerges-from-Stealth-Introduces-Digital-Health-Platform-to-Operationalize-Clinically-Effective-Home-Based-Care-at-Scale.html (accessed May 18, 2022).
Contact information: Lee Hudson Teslik, Founder and Chief Executive Officer, Reverence, Inc., Website: http://reverencecare.com
