Healthcare in the U.S. is at a tipping point. In response, CopilotIQ, a chronic care management leader for older Americans, and Biofourmis, a global innovator in in-home care, have announced a strategic merger. Together, they will form the first AI-driven platform designed to cover the entire continuum of care—from pre-surgical preparation to acute, post-acute, and chronic disease management. By integrating their technologies, the new platform aims to simplify care delivery, enhance patient outcomes, and support healthcare providers by consolidating multiple solutions into a unified system.
The combined company merges CopilotIQ’s High Frequency Connected Care platform, which integrates continuous biomarker monitoring, behavioral analytics, and automated clinical workflows, with Biofourmis’s FDA-cleared algorithms, virtual care teams, and cutting-edge digital health tools. The result? A patient-centered, data-driven solution that enhances engagement, efficiency, and personalized care.
Backed by renowned investors like General Atlantic and Bessemer Venture Partners, the newly formed entity is poised to shift healthcare from reactive treatment to proactive, precision medicine. By leveraging real-time data and AI, the platform empowers care teams to predict and prevent complications, ensuring timely interventions and better health outcomes.
Healthcare delivery in America demands urgent attention. With over 133 million Americans living with chronic conditions and 10,000 Baby Boomers turning 65 every day, the demand for innovative, scalable healthcare solutions has never been greater. However, the current system struggles with fragmented care models, leading to inefficiencies, higher costs, and suboptimal patient experiences.
- Rising Healthcare Costs: Chronic disease accounts for 90% of healthcare spending in the U.S. This platform reduces costs by improving efficiency and preventing unnecessary hospitalizations.
- Care Fragmentation: Patients with multiple conditions often see four or more specialists, resulting in disjointed care. The unified platform fosters seamless communication between providers.
- Patient Preferences: Studies show that 80% of adults prefer in-home care when possible, citing convenience and comfort. This solution meets that demand at scale.
The platform not only addresses these challenges but also creates opportunities for improved outcomes. For example, virtual care models have been shown to reduce hospital readmissions by up to 40%, according to the American Hospital Association, while lowering costs by 30-50% per patient.
Additionally, the healthcare workforce faces unprecedented challenges, with a projected shortfall of up to 124,000 physicians by 2034, as reported by the Association of American Medical Colleges. These realities underscore the urgent need for solutions that improve care delivery, reduce costs, and support overburdened clinicians—all while meeting the growing demand for accessible, patient-centered care.
The collaboration between CopilotIQ and Biofourmis could have implications beyond healthcare systems and patient outcomes. It reflects a societal shift toward in-home care models, which are often preferred by patients. Research shows that a majority of adults would choose to recover at home when possible, citing comfort and convenience as key factors.
For families, these advancements mean fewer hospital stays and better access to coordinated care. For providers, they represent a chance to reduce burnout by automating routine tasks and streamlining communication. And for healthcare systems, the potential for cost savings could make care more sustainable in the long term.
While it’s too early to predict the full impact of this partnership, it highlights the potential of combining advanced technologies with patient-centered care to address some of the healthcare system’s most pressing issues. As these changes unfold, they could pave the way for broader adoption of AI-driven solutions, offering a glimpse into how technology and human expertise can work together to improve lives.
About the Companies
CopilotIQ
CopilotIQ specializes in chronic care management, focusing on using technology to improve patient engagement and provider efficiency. Known for its High Frequency Connected Care platform, the company integrates biomarker monitoring, behavioral insights, and automated workflows to provide a comprehensive solution for managing chronic illnesses. Its technology has been instrumental in improving adherence to care plans and enabling proactive interventions.
Biofourmis
Headquartered in Boston, Biofourmis is a global leader in in-home care solutions, leveraging predictive analytics, wearable technology, and virtual care teams. Its FDA-approved algorithms and digital health tools are designed to extend care into the home, ensuring patients receive personalized, data-driven treatment. With a mission to advance precision medicine, Biofourmis focuses on providing solutions that enhance outcomes while reducing the overall cost of care.
