US-based health technology startup Reveleum has secured an undisclosed investment from venture studio NEC X to ‘transform’ the management of medical records.
The startup will use the investment to scale its technology solution, which aims to improve information sharing and streamline workflows across healthcare systems.
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Reveleum’s platform is curated to generate revenue, enhance operational efficiency, reduce costs and improve patient outcomes by simplifying the management of personal health records.
NEC X’s funding and engineering support is expected to expedite the adoption of Reveleum’s system, which is claimed to reduce costly 30-day re-admissions and minimise revenue losses for hospitals.
NEC X president and CEO Shintaro Matsumoto said: “Reveleum exemplifies the transformative innovation that Elev X! Ignite was designed to support.
“By leveraging advanced technology, Reveleum is addressing one of the healthcare industry’s most critical pain points—ensuring that medical records are not just managed efficiently but also utilised effectively to improve outcomes.
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By GlobalData“This is a groundbreaking leap for operational efficiency and patient care.”
In the US, hospitals and clinics manage a vast volume of medical records daily, often relying on older, more labour-intensive systems that are prone to errors and inefficiencies.
To address this, Reveleum’s platform uses proprietary technology featuring indexing and keyword processing to automatically structure and convert medical records into a digital format designed to be easily searchable and scalable.
The platform is claimed to have reduced staff processing times and led to revenue growth in transitional care management.
Reveleum CEO and co-founder Dr Sheldon Weiss said: “Healthcare providers are burdened by the current inefficiencies of managing medical records, and these challenges often come at the expense of patient care.
“With NEC X’s investment and expertise, we’re empowering healthcare organisations to break free from outdated processes, enhance revenues, reduce administrative overhead and focus on what matters most—delivering exceptional care.”
