What it is best to know:

– OncoveryCare (previously VivorCare) has closed an oversubscribed $4.5 million seed financing to launch its new mannequin of take care of most cancers survivors.

– The fundraising was led by .406 Ventures together with the McKay Institute for Oncology Transformation at Tennessee Oncology. Tennessee Oncology, which treats half of Tennessee's most cancers sufferers throughout 35 areas, can be a founding accomplice of OneOncology, a quickly rising oncology platform dedicated to supporting impartial oncology practices by means of capital, expertise and experience.

OncoveryCare Secures Seed Funding and Companions with Tennessee Oncology to Revolutionize Most cancers Survivorship Care

OncoveryCare is making strides in most cancers survivor care with its newest Seed funding spherical, led by .406 Ventures and supported by Oncology Ventures and Techstars. On the similar time, OncoveryCare introduced a strategic partnership with Tennessee Oncology, permitting the corporate to develop its care mannequin to sufferers throughout Tennessee.

The inhabitants of most cancers survivors within the US is predicted to double from 11 million in 2008 to 22 million in 2030, pushed by rising most cancers incidence and improved survival charges resulting from advances in therapy. Most cancers survivors face vital post-treatment wants, together with managing cardiotoxicity, cancer-related fatigue, advanced screening and monitoring protocols, in addition to psychological well being points equivalent to anxiousness and despair associated to their prognosis and therapy. Regardless of these wants, aftercare care is commonly fragmented and unstructured, relying closely on an overburdened oncology workforce, leading to excessive prices and suboptimal outcomes. OncoveryCare goals to handle this hole within the most cancers care continuum.

Launching with a digital care mannequin, OncoveryCare provides a complete help system for most cancers survivors by means of a workforce of physicians who focus on survivorship. Preliminary areas of focus embrace toxicity administration, psychological well being help, navigation and care planning, and preventative care. To facilitate the deployment of this mannequin, OncoveryCare has partnered with the McKay Institute, the innovation arm of Tennessee Oncology, one of many nation's largest community-based most cancers care suppliers. This partnership will assist scale the intervention amongst Tennessee Oncology's survivor inhabitants, with the broader aim of increasing it to the broader oncology neighborhood.

The Seed funding will allow OncoveryCare to develop its care supply mannequin and develop new instruments and approaches to broaden entry to high quality survivorship care. By providing complete take care of the entire particular person, OncoveryCare helps the quickly rising inhabitants of most cancers survivors and ensures they obtain the personalised, long-term care wanted to stay more healthy, happier lives.

“Survivorship is the subsequent step in most cancers care,” stated Hil Moss, co-founder and Chief Govt Officer of OncoveryCare, whose personal expertise as a breast most cancers survivor motivated her to begin the corporate. “For many years we have now been centered on discovering the treatment for most cancers. Now we have now to reply the query: What occurs if individuals survive?”