Custom Health Inc.

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Custom Health Inc. - overview

Location

West Hollywood, CA, US

Primary Industry

Healthcare IT

About

Based in the US, Custom Health Inc. specializes in innovative digital health solutions that enhance medication adherence, ensuring patients manage their prescriptions effectively through user-friendly applications. Custom Health Inc. is a digital health company focused on improving medication adherence through its technology solutions.


The company operates from its headquarters in West Hollywood, US. Founded by individuals with a strong background in healthcare technology, Custom Health has undergone strategic pivots to enhance its service offerings in the digital health space. The exact details of its funding rounds and any significant mergers or acquisitions are not disclosed, reflecting a focus on direct service contracts and partnerships within the healthcare sector. Custom Health provides innovative digital health tools designed to enhance medication adherence for patients.


Their core offerings include a suite of user-friendly applications that help individuals manage their medication schedules effectively, ensuring that prescriptions are taken on time and as intended. The technology also features real-time monitoring capabilities, which allow in-house pharmacists to engage in remote health analytics and triage for primary care. This service is particularly beneficial in addressing the prevalent issue, as approximately 75% of people struggle with following their medication regimens. Custom Health primarily serves patients with chronic conditions, such as diabetes, and collaborates with healthcare providers, pharmacies, and health plans to expand its reach.


Their solutions have been implemented across various geographical markets, including the United States and Canada, focusing on regions with high rates of medication mismanagement. Custom Health generates revenue through a combination of direct service contracts with healthcare providers, subscriptions for their digital health tools, and partnerships with pharmacies and health plans. The company’s transaction structure typically involves providing their services to healthcare professionals who integrate the platform into their patient care strategies. This model includes tiered subscription options that cater to different user needs, thereby allowing for scalability.


For instance, healthcare providers might subscribe to a comprehensive package that includes remote monitoring and analytics services, ultimately facilitating improved patient outcomes. The company’s offerings not only aim to enhance medication adherence but also seek to reduce associated healthcare costs, creating a value proposition for clients invested in improving health management outcomes. Custom Health is focused on expanding its product line with new digital health tools slated for release within the next year. The company plans to penetrate additional markets, particularly in Europe and Asia, by 2025.


Recent funding will be allocated to support these initiatives, enhancing product development and marketing efforts to reach broader audiences.


Primary Industry

Healthcare IT

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living, Healthcare IT, Medical Software

Website

www.customhealth.com

Verticals

HealthTech

Total Amount Raised

Subscriber access only

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