Mayo Clinic Sells Mobile Platform

June 13, 2013
Mayo Clinic has sold mRemedy, a company formed by Mayo and DoApp Inc. that offers a mobile healthcare platform to providers, to Axial Exchange, a Raleigh, N.C.-based virtual software-as-a-service company. The platform, myTality, aims to help patients navigate future hospital visits, and help hospitals better market their services. Axial plans on using it in conjunction with its care-transition platforms, Axial Patient and Axial Provider.

Mayo Clinic has sold mRemedy, a company formed by Mayo and DoApp Inc. that offers a mobile healthcare platform to providers, to Axial Exchange, a Raleigh, N.C.-based virtual software-as-a-service company. The platform, myTality, aims to help patients navigate future hospital visits, and help hospitals better market their services. Axial plans on using it in conjunction with its care-transition platforms, Axial Patient and Axial Provider.

The deal, brokered by Axial’s lead venture capital investor Canaan Partners, provides the vendor with with access to consumer content from MayoClinic.com, which offers patients various general healthcare related information, including stuff on nearly 1,000 conditions and diseases.

In addition, four Mayo Clinic physicians will join Axial’s Advisory Board including Paul Y. Takahashi, M.D.; Nathan Jacobson, D.O., and two others to be named.

“Patients and their families want and expect the most up-to-date information about life, health, disease and treatment,” Dr. Paul Takahashi, associate professor of medicine at Mayo Clinic, said in a statement. “Mayo Clinic’s health information content will now reach even more people, providing accurate answers to common and uncommon health issues.”

Sponsored Recommendations

Harnessing the True Power of Cultural, Clinical and Operational Data

Optimize healthcare performance by combining clinical, operational, and cultural insights. A deeper understanding of team factors improves care and resource management.

How Digital Co-Pilots for patients help navigate care journeys to lower costs, increase profits, and improve patient outcomes

Discover how digital care journey platforms act as 'co-pilots' for patients, improving outcomes and reducing costs, while boosting profitability and patient satisfaction in this...

5 Strategies to Enhance Population Health with the ACG System

Explore five key ACG System features designed to amplify your population health program. Learn how to apply insights for targeted, effective care, improve overall health outcomes...

A 4-step plan for denial prevention

Denial prevention is a top priority in today’s revenue cycle. It’s also one area where most organizations fall behind. The good news? The technology and tactics to prevent denials...