Conversa Health – Social Venture Fund

“Conversation is a powerful medicine”

The Challenge

Despite both patients’ and doctors’ best efforts, one of the most difficult times for doctors to keep patients healthy is between visits. Because it’s too expensive for doctors to have consistent, direct contact with patients, often patients fail to comply with care plans after a visit to a hospital or clinic. In fact, 1 in 5 Medicare patients are readmitted within 30 days of discharge, resulting in $25B in unnecessary medical spending annually.

The Innovation

Conversa’s main product is a health IT solution, “Digital Checkups,” that allows organizations to monitor and engage patients in between visits with their providers. The product’s Software as a Service (SaaS) platform provides hospital systems and payers an automated way to bridge the gap in communication that occurs between visits, helping care teams stay informed and manage populations while ensuring that patients stay on track with their care plans.

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