ISHI Health – an AI-powered virtual clinic specializing in heart failure and complex cardiac disease care – announced it had secured $4 million in a recent funding round led by Takeda Digital Ventures (TDV). This strategic funding will propel ISHI to expand its product range, enter new markets, and demonstrate exceptional clinical outcomes and patient experiences.
Cardiovascular disease remains the leading cause of death and disability in the United States and worldwide – consuming one in every six healthcare dollars. And the prevalence of heart failure syndrome is significant, impacting over 6 million people in the United States and 64 million globally, earning it the designation of an epidemic. Compounded by a growing and aging population, the number of heart failure patients is on the rise, further exacerbated by a static number of healthcare providers.
Even though many existing solutions rely on traditional remote monitoring for disease management, ISHI Health sets itself apart with its innovative, proprietary AI-driven approach. To advance its offerings to provide precision care to heart failure and cardiometabolic patients, ISHI Health utilized its participation in Mayo Clinic Platform_Accelerate. This virtual care program utilizes a platform that analyzes patients’ biometric data gathered from various external and implanted cardiac sensors across the entire cardiac risk spectrum. This allows ISHI to tailor care to each patient’s unique heart disease profile, biometric data, and symptoms.
At the core of ISHI’s strategy is a collaborative partnership with patients’ primary cardiologists, enabling care teams to deliver quality heart failure care locally in their community. ISHI’s turnkey, bolt-on model facilitates a complimentary care model, providing swift access to top-tier heart failure specialist care. And this approach underscores ISHI’s commitment to aligning with the interests of providers, value-based care entities, and payors, ensuring high-quality, proactive patient care. ISHI is currently operational with provider groups in California, with more markets to be announced soon.
ISHI surpasses traditional care approaches by offering proactive recommendations customized to each patient’s needs. And these recommendations may include personalized medication adjustments and empowerment strategies delivered via SMS like educational resources and medication reminders. And a dedicated Heart Failure care team promptly intervenes if patient data indicates rising risk, collaborating closely with the primary clinical team. ISHI’s holistic approach optimizes patient outcomes by coordinating care among various healthcare team members, ensuring comprehensive support throughout the patient journey.
ISHI’s commitment in providing high-quality heart failure care in rural and suburban areas has been recognized with the prestigious AWS Health Equity award, a non-dilutive funding grant. And this accolade highlights ISHI’s dedication to addressing healthcare disparities and delivering exceptional care to underserved communities outside urban centers
With the recent funding round secured, ISHI is positioned to elevate its capabilities. And over the next year, the company aims to expand its clinical operations, forge partnerships with more provider groups, and enter new markets. ISHI is committed to showcasing superior clinical outcomes and patient experiences, while also collaborating with payors on value-based care initiatives tailored for Heart Failure and the complex cardiac patient population.
KEY QUOTES:
“Our journey began with a commitment to understand and address pain points in cardiac care, starting with heart failure patients. Through the integration of technology and AI, we’re able to provide patients with unprecedented convenience and proactive care, ensuring better outcomes and enhanced patient experiences.”
- Dr. Ajay Srivastava, an Advanced Heart Failure cardiologist and founder of ISHI Health, underscores the company’s dedication to revolutionizing cardiac care delivery with a patient-first approach
“At TDV, we are dedicated to identifying advanced capabilities that improve patient outcomes and experience. ISHI stands out by integrating AI, virtual and remote functionalities, offering an innovative hybrid care solution with the potential to benefit a broad spectrum of patients, extending even beyond heart failure into cardiometabolic conditions that commonly co-exist in this patient population. We are thrilled to be part of this journey, bringing our expertise in virtual-first care and valuable resources to contribute to advancing ISHI’s mission to transform cardiac care.”
- Suzie Yoon, Investor at TDV
