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

Google launches Street View in India with data from local partners

Google launches Street View in India with data from local partners

By Nikita Chaurasia

Google has reportedly unveiled interactive panorama Street View feature in 10 cities of India with data collected from local affiliates, Tech Mahindra and Mumbai-based Genesis International. The recent launch has been facilitated under the new Nat...

Zoox, Amazon-owned self-driving company to test-drive robotaxi in California

Zoox, Amazon-owned self-driving company to test-drive robotaxi in California

By Nikita Chaurasia

Zoox, a leading self-driving tech company owned by Amazon has reported that it is all set to launch robotaxi business, self-certifying that its vehicle with no steering wheel or pedals meets the United States’ federal regulations. The company h...

Hindalco Inds, Phinergy & IOP to collectively produce aluminium-air batteries

Hindalco Inds, Phinergy & IOP to collectively produce aluminium-air batteries

By Nikita Chaurasia

Hindalco Inds, a well-known metals flagship of Aditya Birla Group has reportedly inked a Memorandum of Understanding (MoU) with Israel’s metal-air battery technology expert, Phinergy and IOP (IOC Phinergy) – a joint venture co-led by Indi...