In a significant stride towards the future of cancer care, Perci Health recently secured £3m in funding to bolster the expansion of their AI-powered cancer clinic. This latest round of funding, which doubles its initial target, brings the company’s total capital to a robust £7.7m. This financial windfall comes at a pivotal moment, as the number of cancer patients in the UK is on the rise, with nearly 3.5 million people currently living with the disease.
This surge in cancer diagnoses, coupled with the fact that more individuals are being diagnosed at younger ages, has led to an escalating demand for innovative solutions. As survival rates improve, the need for continuous support for working-age individuals to maintain or return to work post-treatment is becoming increasingly crucial. Perci Health’s AI-powered virtual screening offers a promising solution to these evolving needs, demonstrating a forward-thinking approach to cancer management.
Perci Health’s model is not just technologically advanced; it’s also human-centric. Founded by two female healthcare innovators, the company is redefining cancer care from treatment through to recovery. By merging advanced technology with a multi-specialist team that includes nurses, dieticians, physiotherapists, and psychologists, Perci Health has been able to provide comprehensive care to more than 4,000 members.
The recent funding will also enable Perci Health to broaden its partnerships with both employers and insurers. With the goal of extending its cancer care services to a wider demographic, the company has managed to cover a total of 2.5 million insurance lives. The company’s strategy has been remarkably effective, with a reported four times return on investment for its insurance partners.
This latest round of funding includes investment from Macmillan Cancer Support, a charity that aids people from the point of diagnosis, through treatment and beyond. Venture capital firms, Octopus Ventures, Guinness Venture and Conduit Funds, also contributed to the funding round. These investments highlight the confidence in Perci Health’s innovative approach to managing cancer care and underscore the growing trend of integrating technology in healthcare.
The advent of AI in healthcare is more than just a technological revolution; it’s a paradigm shift that puts the patient at the center of care, providing them with personalized treatments and support. Perci Health’s AI-powered virtual cancer clinic is a prime example of this shift. By harnessing the power of AI, the company is able to deliver a more personalized and effective approach to cancer care, offering patients the support they need when they need it the most.
This funding for Perci Health signifies a critical juncture in the evolution of cancer care. With the increased integration of technology in healthcare, we are witnessing a transformation in the way we manage and treat diseases. Companies like Perci Health are leading this revolution, showing us that the future of healthcare is not just about advanced technology, but also about a more human-centric approach that puts patients first.
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