Established in 2021 by HailstoneBrijraj Bhupatani and Riyaz Rehman, former Chief Technology Officers of agile Through its full-stack digital health platform, Movement Health aims to democratize access and affordability by providing end-to-end patient and practice management. mother-in-law Platform for physical therapists.
Brijraj Bhupatani, Cofounder and CEO, Spree, said, “Our mission is to create a patient-first, technology-driven solution that anticipates patient needs and guides them through treatment before they step into the physical therapist’s clinic ”
The firm will use the capital to build practice management for physical rehabilitation.
The SaaS platform enables physicians and physical therapy center owners to manage their clinical and administrative tasks through a single tool. It supports the end-to-end operation of the clinic – from patient intake to scheduling, communication, assessments, electronic medical records (‘EMR’), revenue cycle management, and home-exercise plans, etc.
There is a growing demand for physical therapy in the United States — Spree’s major target market — as more consumers strive to adopt healthier and active lifestyles, an aging population, and favorable payer policies.
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“Physical rehabilitation services in the US present a $56 billion opportunity, a major driver of outpatient demand,” the company said in the release.
Dr. Prem Pavur, Senior Partner, Head India and Healthcare Investments in Eight Road Ventures.
Carl Byers, Partner at F-Prime Capital, said, “Spree has built a game-changing physical rehabilitation platform that allows providers to streamline operations and increase revenue while providing a collaborative and seamless experience for their patients. ”