SpineZone is the most recent health tech startup to raise millions in the musculoskeletal area
SpineZone is a startup that develops customized workout programs and treatment for neck and pain in the back. The company utilizes an online platform and in-person centers to deliver a curriculum that, ideally, helps patients avoid the requirement for prescription surgeries, drugs and injections, and providers then avoid the expense of all of the above. Co-founded by […] SpineZone’s value proposal is that it assists payers and companies, whether that be employers, clinics or health plans such as Cigna or Aetna, avoid positioning their clients in surgical treatments, which are costly. If SpineZone guarantees to get a center to $12 million in invest from $15 million, and the cost ends up being $17 million, the company will pay the center a portion of the distinction. SpineZone joins a cohort of health tech start-ups that focus on musculoskeletal conditions. In order to win, lots of startups, SpineZone consisting of, need value-based care to replace fee-for-service care. …
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