FemTech: Visana Health Raises $10.1M for Virtual Women’s Health Clinic

FemTech: Visana Health Raises $10.1M for Virtual Women’s Health Clinic HIT Consultant Media (Jasmine Pennic)

What You Should Know:

– Visana Health, a virtual-first comprehensive women’s health clinic raises $10.1M in seed funding co-led by Flare Capital Partners and Frist Cressey Ventures. The seed round also included participation from InHealth Ventures, Oxeon Partners, Pixel Perfect Ventures, Venture Investors, and others.

– Visana is a virtual, comprehensive women’s clinic, offering care from menstruation to menopause from OBGYNs and women’s health NPs.

Women Deserve Better

Too many women face a long and frustrating search for care with stigmatized conditions that only impact women. Lack of research, funding, and incentives means that millions of women aren’t guaranteed access to timely and evidence-based medical care. Visana Health co-founder Joe Connolly founded the company after watching his mother struggle with unbearable menstrual pain for years before she was finally diagnosed with endometriosis.

Comprehensive Virtual Women’s Health Clinic

Visana provides whole-person, inclusive clinical care for a wide range of women’s health conditions, including: menopause, endometriosis, fibroids, PCOS, contraception, UTIs, and more. Available in all 50 states through health plans and employer benefit plans, Visana offers quality longitudinal medical care from Visana-trained doctors and nurse practitioners.  On average, Visana’s patients have more than three co-morbidities, representing high-cost cases that demand comprehensive and coordinated management. Through a value-based care model, Visana has improved patient outcomes, demonstrated a 4:1 ROI for health plan and employer partners, and created a world-class experience tailored for women, as illustrated by its patient NPS of +90.

Evidence-Based Clinical Care Model

The typical clinical model for women’s healthcare today leads to underdiagnosis, delayed treatment, and ineffective, expensive procedures. Visana offers the first and only tech-enabled clinical model that enhances patient care by seamlessly integrating high-touch technology and data-driven insights that lead to more efficient diagnoses, personalized treatment plans and improved health outcomes, including a reduction in the number of unnecessary costly surgeries. Visana’s evidence-based clinical care team model was developed by Chief Medical Officer Dr. Barbara Levy, a renowned and experienced physician who is a passionate advocate for health equity and building care teams that improve the quality of women’s health across all phases of life.

“Our enterprise partners are committed to providing quality care to women, but are experiencing point solution fatigue and frustration at the lack of meaningful improvement in patient outcomes. They view Visana as a complete solution that is uniquely able to engage women where they are and deliver evidence-based care in a seamless model that is proven to reduce costs,” said Joe Connolly, co-founder and CEO, Visana. ”We plan to use this funding to develop and build on existing relationships with national health plans and Fortune 500 companies that need a comprehensive solution for women’s healthcare to support the well-being of their female employees and beneficiaries, and contribute to a healthier, more productive workforce and community.”