Smarter Health gets $5.15M SGD to reduce healthcare costs in Southeast Asia –

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Summary

Smarter Health, a Singaporean-based startup, develops technology that allows smoother exchange of data between different parties in the healthcare system, improving patient care and reducing administrative costs. For payors and insurers, this includes a patient concierge that recommends specialists, schedules appointments and creates demographic profiles of policy holders. The company has three main customer categories: doctors, hospitals and insurers and other corporate payors, like AIA, Allianz and Prudential, which make up the bulk of its business. For healthcare organizations and providers, Smarter Health offers specialist recommendations and patient registration tools, a load-levelling solution that shortens waiting times and digitized hospital admissions and claim submissions. In a statement, East Ventures co-founder and managing partner Willson Cuaca said, “The COVID-19 pandemic has forced insurers and healthcare providers to reflect and re-strategize on their operations, catalyzing digital transformation.

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