athenahealth Acquires Care Coordination Platform Patient IO
athenahealth has acquired Austin-based care coordination platform Patient IO (officially known as Filament Labs, Inc.) and the mobile solution will form the basis for athenahealth’s patient-facing mobile app, athenaWell.
Patient IO is a mobile and web-based application that turns care plans into actionable daily tasks for patients and providers use the care coordination platform to engage patients and caregivers outside the four walls of the clinic.
The financial terms of the deal were not disclosed. Patient IO was founded in 2013 by Jason Bornhorst, Colin Anawaty, and Brian Gambs, and athenahealth initially made an investment in Patient IO in October 2015 through its More Disruption Please (MDP) Accelerator program. Patient IO is athenahealth’s second acquisition of an MDP Accelerator portfolio company, following the company's acquisition of Arsenal Health in April.
“Care coordination and patient self-management is the next big ground on which healthcare will compete,” Jon Porter, senior vice president of emerging services at athenahealth, said in a prepared statement.
Porter also said athenahealth would deliver the Patient IO solution as a native component of the company’s population health services.
“We are eager to marry our mobile care management competencies with athenahealth’s unique, network-enabled services,” Bornhorst, co-founder and CEO of Patient IO, said in a statement. “By taking a patient-centered approach to development and embracing the potential of mobile, together we can reach more healthcare organizations than ever before. Our combined offering will deliver actionable insights that help our customer organizations transition to a value-based care environment, improving outcomes and quality at every turn.”
Differentiated by its ‘API-first’ architecture and omni-channel engagement, Patient IO will form the basis for athenahealth’s patient-facing mobile application, athenaWell. According to an athenahealth press release, the integrated functionality is already live in market with select clients and will be made available to new clients of athenahealth’s population health services as a native component of the service beginning this fall.
