Knownwell acquires competitor to broaden entry to complete weight problems care
The well-known weight problems care firm acquired one in every of its opponents this week, simply six months after saying its $20 million Sequence A funding spherical.
Boston-based Knowwell, which gives hybrid main care and metabolic well being care, has acquired New York-based Alfie Well being, a web-based weight problems administration clinic with an AI platform that generates personalised weight administration suggestions. This transfer will assist Knowwell higher obtain its mission of increasing entry to complete metabolic well being care, stated Knowwell founder and CEO Brooke Boyarsky Pratt.
“At a time when corporations are advertising and marketing weight reduction options and providing fast and straightforward prescriptions for GLP-1s with out an precise affected person care plan, it’s extra vital than ever for corporations like ours to broaden entry to 360-degree weight problems lengthen care – which may embrace drugs similar to GLP-1s, in addition to behavioral remedy, dietary teaching and train suggestions,” she acknowledged.
Launched final 12 months, Knownwell presents digital assist to sufferers in Massachusetts, Rhode Island and New Hampshire, in addition to in-person care by way of its clinic simply outdoors Boston. Sufferers use the startup for weight-inclusive main care (which means weight problems remedy is built-in into the first care plan), metabolic well being care, or each. Sufferers also can obtain assist from registered dietitians, behavioral well being suppliers, well being and train coaches, and distant affected person monitoring units.
Because of the brand new acquisition, Knowwell will combine Alfie's ObesityRx platform into its care mannequin. The platform analyzes sufferers' medical histories to find out the simplest remedy methods for lasting metabolic well being enhancements, Boyarsky Pratt explains.
“Along with the weight problems platform, Alfie's AI may also be used to make sure Knowwell's main care providing all the time displays the most recent analysis and developments on this space,” she stated. “This AI will act as a companion for synchronous physicians, not a alternative.”
The adoption of Alfie's know-how – mixed with Knowwell's evidence-based care mannequin and concentrate on affected person engagement – will strengthen the startup's value-based healthcare infrastructure and allow physicians to make higher choices sooner, Boyarsky Pratt added.
Since Knowwell closed its Sequence A funding spherical, the corporate knew it needed to extend entry to metabolic care by way of know-how – and it knew these efforts would come with strengthening individualized scientific resolution assist by way of AI, she famous.
“By leveraging Alfie's current platform and know-how, we will now attain extra sufferers and supply them with much more holistic care and remedy. We believed that Alfie had made spectacular progress in creating constant, wonderful outcomes for sufferers utilizing their know-how,” stated Boyarsky Pratt.
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