Beam Health is a healthcare technology company that provides a comprehensive platform for private physician practices. Founded in 2018, Beam Health initially focused on offering telehealth services but has since expanded its offerings to address broader operational challenges faced by medical practices. The company's platform includes features such as telehealth capabilities, patient registration, insurance eligibility checks, and automated co-pay collections. Beam Health also helps practices create websites and optimize their revenue cycle management.
In response to the changing healthcare landscape, Beam Health transitioned from a per-consult pricing model to a Software-as-a-Service (SaaS) model, charging USD 125 per provider per month as of May 2021. The company aims to provide a holistic solution for private practices, helping them adapt to the increasing shift toward virtual care and remote patient interactions. Beam Health is developing a machine learning and artificial intelligence-powered metric to assess a practice's financial and operational health, consolidating various data points into a single score that physicians can use to evaluate and improve their practice performance.
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