Lumeon, Inc.
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Lumeon, Inc. - overview
Established
2005
Location
Boston, MA, US
Primary Industry
Healthcare IT
About
Lumeon, Inc. , based in Boston, US, specializes in delivering a Care Orchestration platform that automates healthcare coordination tasks, enhancing operational efficiency and patient engagement across various healthcare settings. Founded in 2005 by Robbie Hughes, Lumeon, Inc. focuses on automating care coordination in healthcare environments.
The company has undergone strategic shifts to refine its platform offerings and has successfully raised USD 30. 00 mn in its Series D funding round from investors including Amadeus Capital Partners and EQT Life Sciences. Lumeon operates from its headquarters in Boston, where it has completed a total of 9 deals since inception. Lumeon provides an innovative Care Orchestration platform designed to automate care coordination tasks, events, activities, and workflows within healthcare settings.
This platform employs intelligent automation and real-time data integration, enhancing operational efficiencies and streamlining documentation processes. With tailored solutions catering to over 70 prominent health systems in North America and Europe, Lumeon addresses various healthcare needs, including ambulatory and outpatient care, preoperative performance, discharge optimization, and hospital-at-home initiatives. The platform allows for both complete automation for lower-risk patients and more personalized interactions for those needing additional support. Lumeon operates on a subscription-based revenue model, providing access to its Care Orchestration platform as a service to healthcare providers.
Clients engage in agreements that include features like Lumeon Conductor™, optimizing care processes. Revenue is generated through these subscription agreements, with pricing structures designed to accommodate the diverse needs of healthcare organizations, thus facilitating seamless integration of Lumeon's technology for improved patient outcomes and operational efficiency. Lumeon, Inc. aims to enhance its product offerings by developing new features and functionalities for its Care Orchestration platform, with plans to broaden its market presence into additional regions by the end of the next fiscal year.
The recent funding of USD 30. 00 mn will support these initiatives, helping to expand its platform capabilities and facilitate entry into new geographic markets. Additionally, the company is targeting partnerships with healthcare providers in Europe and Asia to increase its global footprint.
Current Investors
Amadeus Capital Partners, EQT Life Sciences, Gilde Healthcare
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Medical Software, Analytics & Performance Software
Website
www.lumeon.com
Verticals
Cloud Computing
Company Stage
Series D
Total Amount Raised
Subscriber access only

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