- Technology-powered concierge medicine service Firefly Health has received $10.2 million in funding
Firefly Health — a technology-powered concierge medicine service for average Americans — announced that it raised $10.2 million in Series A funding led by F-Prime Capital and Oak HC/FT. And Firefly Health also announced that athenahealth co-founder and former CEO Jonathan Bush will serve as Executive Chairman. Plus F-Prime Capital Partner Carl Bradford Byers and Oak HC/FT General Partner Nancy Brown will join the board of directors.
“At F-Prime Capital, we look for novel ways to address unmet needs. Unlike telemedicine, Firefly’s platform provides patients continuous care, multi-channel delivery and 24/7 access that offers numerous efficiency and convenience benefits compared to traditional office, appointment-based medicine,” said Byers. “We are excited to partner with the Firefly Health team that combines exceptional clinical depth, proven tech-enabled services experience and an inspiring vision.”
Launched by physicians trained at Harvard, Firefly Health has built a scalable concierge care service that uses proprietary technology and a cross-functional care team for providing members with comprehensive medical care characterized by convenience, proactive behavioral support, and intelligent navigation.
“I have spent my entire career developing technologies and services to help providers better manage the more mundane aspects of healthcare,” added Bush. “Firefly Health sets all of that aside. We take the best intelligence in modern physician medicine combined with the best digital technology, and we apply this new platform outside of the cumbersome and tedious claims-based medical system. Linking a care team to a patient through their smartphone allows us to deliver a radically more convenient, proactive and intelligent model of care that leads to better care and overall patient experience – it’s inspiring.”
Firefly Health is primarily accessed through employers and is currently available to most commercially insured patients in Massachusetts. And the company plans to enter several new markets in 2020.
“Firefly Health has been able to build a technology-enabled service that will provide patients access to care that is high quality, accessible and integrated into their lives via in-person visits, virtual visits and mobile engagement,” explained Brown. “The team knows how to achieve an optimal cost and quality outcome including providing integrated physical and mental health.”