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Founded Year

2021

Stage

Series A | Alive

Total Raised

$26M

Last Raised

$17M | 4 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+240 points in the past 30 days

About Plenful

Plenful specializes in workflow automation for the pharmacy and healthcare sectors. The company offers a platform that automates administrative tasks and maximizes operational productivity and revenue capture for healthcare organizations. Plenful's solutions cater to a range of healthcare providers, including health systems, pharmacies, and provider groups. It was founded in 2021 and is based in San Francisco, California.

Headquarters Location

650 California Street 7th floor

San Francisco, California, 94108,

United States

510-707-6998

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Research containing Plenful

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Plenful in 1 CB Insights research brief, most recently on Apr 8, 2024.

Expert Collections containing Plenful

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Plenful is included in 1 Expert Collection, including Digital Health.

D

Digital Health

11,075 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

Latest Plenful News

Where pharmacy digital transformation is headed

Sep 20, 2024

Mariah Muhammad - Friday, September 20th, 2024 Becker's asked chief pharmacy officers from hospitals and health systems across the U.S. to share the next steps in their technological journey. The four executives featured in this article are all speaking at the Becker's Healthcare Chief Pharmacy Officer Summit, from Nov. 13-14, at the Hyatt Regency in Chicago. To learn more about this event, click here . If you would like to join as a reviewer, contact Mariah Muhammad at mmuhammad@beckershealthcare.com or agendateam@beckershealthcare.com. For more information on sponsorship opportunities, download the prospectus here . As part of an ongoing series, Becker's is talking to healthcare leaders who will speak at our conference. The following are answers from our speakers at the event. Question: What is next on your digital transformation journey? Kelley A. Curtis, PharmD. Vice President and Chief Pharmacy Officer of St. Luke’s Health System (Kansas City, Mo. ): At St. Luke’s Health System, we are focused on advancing our digital transformation to optimize pharmacy operations and improve patient outcomes. One of the most exciting aspects of this journey is our pioneering use of Epic Willow Inventory at our clinics — making us one of the first Epic customers to implement this system. With this technology, we can track, monitor, and optimize inventory levels in real-time across the entire system. This means more visibility, fewer expired medications, better stock management across our network, and ultimately, enhanced care for our patients. In addition to Epic Willow, we are planning on implementing Tecsys at our Consolidated Service Center (CSC), alongside Central Split functionality in partnership with MacroHelix. This integration allows us to ensure appropriate 340B allocations and standardize NDCs, streamlining our 340B program and making it more efficient. With these tools, we’re better positioned to forecast demand, prevent shortages, and ensure that our entire health system runs seamlessly from an inventory perspective. We’re also enhancing our pricing transparency through Quicksort, which allows us to track real-time pricing and contract changes. This visibility into WAC, GPO, and 340B pricing will significantly reduce chargebacks and provide actionable insights for better financial management. Another exciting tool we're exploring is Plenful. As part of a proof of concept, we’re starting with the 340B audit optimization feature, which allows us to send unformatted data — such as department lists with numerous fields and tabs and data from our 340B Third Party Administrators — to the system without needing to reformat it. Plenful’s ability to efficiently ingest and process this data is a game-changer, and we hope to scale its use across other areas in the future. Ultimately, our goal is to leverage these digital tools to create a seamless, efficient, and transparent inventory and pricing ecosystem. We’re also looking ahead to driving much of this innovation internally through AI and machine learning once our infrastructure is ready, ensuring we stay at the forefront of digital innovation in healthcare. Elie M. Bahou, PharmD. Senior Vice President and Chief Pharmacy Officer of Providence (Renton, Wash.): Increased use of AI In the short term, we are exploring the opportunity to allow pharmacists (with no formal data experience) to tap into our internal databases and produce reports and dashboards that showcase clinical, operational, and financial performance based on their own pre-defined criteria. This will reduce the time it takes to produce reports and open a new avenue for our clinicians to see and use data without additional support. Infusion The digital transformation for infusion is to simplify the infusion scheduling process for our caregivers, by utilizing predictive modeling to create scheduling templates, and reducing the need for clinician intervention or additional support. Specialty Purchasing and inventory management automation. During transitions of care from hospital to home or SNF to reduce length of stay and improve safety. Leveraging text messaging/SMS communication and apps to streamline communication between ambulatory pharmacy services and patients Kim Spencer, PharmD. Chief Pharmacy Officer of SSM Health (St. Louis): Our rapidly transforming digital and AI-era shows promise across the board in healthcare. In pharmacy, there is incredible potential if we can first fortify our foundations. And so, this is where we find ourselves focusing now as a pharmacy enterprise: we are strengthening our foundational technologies and their governance – from our backbone systems, to infrastructure, to analytics. Adetoro Oriaifo, PharmD. Chief Pharmacy Officer of Total Health Care, Inc. (Baltimore): Total Health Care Pharmacy is embarking on a digital transformation journey that focuses on process re-engineering through the integration of pharmacy dispensing robots and the utilization of data analytics. This approach aims to enhance patient outcomes, streamline operations, and position the pharmacy as a leader in innovative care. Pharmacy dispensing robots will revolutionize medication management by automating the entire dispensing process. This technology reduces the likelihood of human error, increases accuracy, and speeds up the dispensing process, allowing pharmacists to focus more on patient care. The enhanced efficiency reduces wait times, improves patient satisfaction, and strengthens loyalty — a critical advantage in a competitive market. On the organizational front, the robots streamline workflows, reduce staff burdens, and pharmacists can now do more patient-centered activities enabling them to practice at the top of their licenses. This fosters a more engaging work environment and helps support high compliance with regulatory standards. Complementing this, data analytics will play a pivotal role by leveraging information from patient records, prescription trends, and operational metrics to provide actionable insights. These insights enable personalized patient care, such as identifying medication adherence risks and allowing for early intervention. Data-driven decisions help optimize inventory management, forecast demand, and support continuous improvement by identifying and addressing inefficiencies. By embracing these technologies, Total Health Care Inc. remains focused on its mission of providing quality healthcare to our patients while improving patient safety, enhancing operational efficiency, driving better health outcomes, and setting a new standard for excellence in patient care and innovation.

Plenful Frequently Asked Questions (FAQ)

  • When was Plenful founded?

    Plenful was founded in 2021.

  • Where is Plenful's headquarters?

    Plenful's headquarters is located at 650 California Street, San Francisco.

  • What is Plenful's latest funding round?

    Plenful's latest funding round is Series A.

  • How much did Plenful raise?

    Plenful raised a total of $26M.

  • Who are the investors of Plenful?

    Investors of Plenful include Bessemer Venture Partners, TQ Ventures, Danaher Ventures, Susa Ventures, Waterline Ventures and 3 more.

  • Who are Plenful's competitors?

    Competitors of Plenful include GetWellNetwork, Upfront Healthcare, Prognos Health, Verily, Qventus and 7 more.

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