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Visionable signs a significant strategic partnership with Verizon
West Hill portfolio Company Visionable, a pioneering health technology company based in the UK, have joined forces with the world’s second largest telecoms company Verizon, to deliver the next generation of technology enabled healthcare services.
The strategic partnership will bring together Verizon’s extensive secure network infrastructure and Visionable’s unique, patented, next-generation digital healthcare collaboration platform, to form a single infrastructure to transform the delivery of healthcare, enabling healthcare professionals to access data, collaborate and share resources. The partnership will focus on opportunities within the APAC and EMEA regions. In healthcare, the benefits of this technology could potentially be very substantial, enabling the delivery of virtual care globally.
In addition, the two companies will launch a specialist technology-led connected healthcare demonstration centre, based in the UK to be opened in 2022. The centre will enable the co-creation of innovative technology concepts as well as showcase new technologies, such as Verizon’s private 5G. Visionable and Verizon aim to demonstrate the benefits of digital technologies within various healthcare environments from control centres, hospital wards, General Practices (GPs) consultation rooms, care homes and connected ambulances.
Scott Lawrence, Vice President of Verizon Business EMEA commented:
“The challenge facing the healthcare industry is that professionals are often forced to work in silos as a result of strict compliance regulations, patient privacy concerns and technology restrictions – this is about to change,”
“Technologies such as private 5G, have the potential to shift the landscape around how healthcare is delivered; empowering professionals, sharing intelligence and improving the quality of care they provide. This initiative with Visionable provides a secure single infrastructure on which healthcare providers can collaborate to help diagnose conditions and share medical intelligence, all within a secure and compliant environment.”
West Hill Capital has raised around £25million through several rounds, to help to finance Visionable’s growth to date.