Amino Health, an innovator in digital healthcare navigation, has recently secured $10 million in a funding round led by Transformation Capital.
This funding aims to accelerate the development of Amino’s AI-driven product roadmap, focused on creating personalized patient care journeys.
This investment follows a substantial $30 million investment by Transformation Capital in May 2023.
Revolutionizing Healthcare Navigation with AI
Amino Health’s platform is designed to demystify the complexities of healthcare by recommending high-quality healthcare providers based on objective, proprietary clinical data.
Unique in its field, Amino’s platform incorporates the intricacies of modern employer benefit programs, setting it apart from other healthcare navigation tools.
Employers today face escalating healthcare costs, intricate benefit plans, and low utilization of specialized solution providers.
Concurrently, employees often struggle to understand their health insurance coverage and how to access available programs.
Amino addresses these challenges by offering a straightforward consumer interface that efficiently routes over 10,000 medical topics to the best provider, facility, or employer program.
Enhancing User Experience Through AI
With the new funding, Amino Health plans to enhance user experience by delivering personalized care recommendations tailored to individual care journeys.
In the past year, Amino’s Product and Clinical teams have successfully leveraged AI to develop thousands of new care topics.
These advancements cater to a broader range of users and care needs, including expanded primary care, women’s health, LGBTQ+ health, complex diseases, and specialized care for various life stages, such as pediatric and geriatric care.
"We believe Amino Health is poised to make a transformative impact in the healthcare landscape through its innovative AI-driven approach to care navigation. We are excited to further invest in Amino Health and accelerate their journey to revolutionize healthcare delivery and drive meaningful improvements in cost savings and member engagement." - Mike Dixon, Managing Partner at Transformation Capital
"This investment underscores the confidence placed in our vision to harness the power of AI to revolutionize healthcare. With this infusion of capital, we are poised to strengthen our AI capabilities, expand our team, and drive innovation that will shape the future of patient-centered care." - John Asalone, CEO of Amino Health
About Amino Health
Amino Health is the leading data-driven healthcare guidance platform, connecting individuals with high-quality, cost-effective providers and benefits programs within the healthcare ecosystem.
Utilizing more than 30 billion healthcare claims to inform actionable healthcare recommendations, Amino Health reduces wasteful claims spending, streamlines care routing, enhances care quality, and improves outcomes for plan sponsors and members.