Despite annual spending of $410B+ for ~113M patients annually in the United States, traditional electronic medical record (EMR) systems overlook the uniquely family-centered, relationship-driven, and high-volume nature of outpatient pediatric care. The adult-first approach of legacy systems significantly impacts practice performance, with many facing patient throughput and claim denials challenges. Rising value-based care, consumerism, and regulatory headwinds add more pressure on independent practices to modernize their technology stack– but traditional EMRs lack the foundations to meet those emerging needs.
z21 Ventures is pleased to announce our strategic investment in Develo. By uniquely combining EMR and customer relationship management (CRM) capabilities, Develo boosts practice net revenues by 20% and saves ~10 hours a week per practice user. Standout features such as charge capture automation, AI-enabled clinical documentation, automated family outreach, and pediatrics task management significantly improve practice productivity and family satisfaction with their care.
This partnership reflects our deep belief in the role of modern technology in driving transformative, world-class experiences for pediatricians, patients, and their families. Develo is not just a better pediatric EMR, but the first end-to-end operating system for pediatrics. FHIR-native interoperability and frictionless e-fax, e-prescribe, and e-lab integration foundations have real potential to future-proof pediatric practices.
We look forward to working closely with the Develo team on their journey to disrupt pediatric care and improve child health.