digital physical therapy
The partners will work to bring AI-powered motion-capture technology to the physical therapy market in order to reduce administrative workloads.
According to a study published in JMIR, providers are generally positive about remote therapy and tele-rehabilitation, but they need more training and support to overcome obstacles like technology hurdles and practical concerns.
SWORD raised $163 million in Series D funding, which allowed for a secondary round where it scooped up another $26 million.
The startup aims to be operating in more than seven countries by the end of 2021.
This new funding brings the company's total funding pot to $135 million.
The study found that high-risk patients who used the telehealth consultation feature also had better outcomes than their peers who did not.
A new study published by JMIR found that on average participants using Hinge Health's platform reported 68.5% improvement in pain.
The round was led by Khosla Ventures with participation from Founders Fund, Green Innovations, Lachy Groom, Vesalius Biocapital and Faber Ventures.
The tool gives patients self-paced exercises and allows them to access physical therapists via telemedicine.
The new round was led by Optum Ventures.