UST invests in SaaS firm Well-Beat to reinforce health tech presence
Category: #headlines  | By Nikita Chaurasia  | Date: 2022-07-07 |
  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn

UST invests in SaaS firm Well-Beat to reinforce health tech presence

Leading digital transformation solutions company UST has reportedly invested in Israeli SaaS start-up Well-Beat to reinforce its footprint in the healthcare technology market.

This investment is the recent instance of UST accelerating the integration of upcoming tech solutions in healthcare and improving patient lives.

Through the Well-Beat investment, UST is helping to bring one of the successful ventures of the disruptive Israel start-up tech ecosystem to a broader global market.

Combining UST’s scale and size with Well-Beat’s agility, this investment will introduce digital transformation to patients at a time of strained healthcare delivery systems and the critical need for intelligent patient engagement.

Sunil Kanchi, Chief Information Officer & Chief Investment Officer at UST commented that Well-Beat is a successful innovator in the HealthTech space, and the company is delighted to provide a platform that encourages the Israeli company to continue its breakthrough work.

UST and Well-Beat together developed a unique digital patient engagement SaaS (Software as a Service) solution that adapts to each patient over time, provides personalized prompts as per individual profiles, and delivers customized informal guidelines at the point of care to the clinician.

It also helps in providing motivational nudges to patients based on 1,400 distinct parameters.

Well-Beat uses insights collected through connected devices, short patient surveys, and medical records and dynamically adapts patient communication to offer highly customized experiences and smart interventions.

Moreover, the patient engagement solution developed with UST is agile enough to operate in any currently used health tech ecosystem offered by any healthcare delivery institution. This includes the usage of public cloud providers, patient registries, electronic health record (EHR) systems, and current care management of wellness applications.

The new patient engagement solution can operate without forcing changes to current workflows. It is designed to assist healthcare institutions to obtain greater returns on their current IT investments and attain better engagement and high response rates through current communication channels.

Source credit: https://www.prnewswire.com/in/news-releases/ust-strengthens-presence-in-the-health-tech-sector-with-strategic-investment-in-israeli-saas-start-up-well-beat-825053505.html

  • shareshare_icon
  • Twitter
  • Facebook
  • LinkedIn


About Author

Nikita Chaurasia     twitter

Nikita Chaurasia

Having always been daft at wordplay, Nikita Chaurasia, post the completion of post-graduation, commenced her journey into the content generation cosmos. Endowed with a professional MBA degree in Advertising and Public Relations, Nikita strives to integrate her creativ...

Read More..

More News By Nikita Chaurasia

Dr. Reddy’s becomes India’s second biggest drugmaker by sales

Dr. Reddy’s becomes India’s second biggest drugmaker by sales

By Nikita Chaurasia

Dr. Reddy's Laboratories Ltd. and Cipla Ltd. surpassed Aurobindo Pharma to rank as the 2nd and 3rd largest drug manufacturers in India by sales in the three months that ended on September 30. This was the first change in the pecking order of the ...

UK’s business confidence drops to its lowest point since 2009

UK’s business confidence drops to its lowest point since 2009

By Nikita Chaurasia

According to recent data, business confidence in the UK dropped to 18% in October, which was its lowest level in at least 13 years. In contrast, however, net balances of confidence stood at 28% in June and 56% in February, according to Accenture and ...

Attero aims to increase recycling capacity, plans for IPO in 2025

Attero aims to increase recycling capacity, plans for IPO in 2025

By Nikita Chaurasia

Attero Recycling, a firm that recycles electronic waste, is aiming to launch an initial public offering (IPO) in 2025, according to its Co-Founder and CEO Nitin Gupta. As per Gupta, the company is currently debating whether to list its shares in I...