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A Naples health tech company, co-founded by a Southwest Florida orthopedic surgeon and international motivational speaker Tony Robbins, has received a $15 million capital investment.
The company, Fountain Life, received the funds from InsurTech investor Eos Venture Partners and U.K.-based health care firm Newcross Healthcare. The investment, according to a statement, is "intended to support Fountain Life, including its integrated insurance business, to transform the health care ecosystem while improving future health care and its availability in the home and more widely around the globe."
Fountain Life says its model is to move the "emphasis (in health care) from reactive to preventive care by using cutting-edge technology to detect asymptomatic diseases early." It does that, company officials say, through "leveraging new AI technologies and advanced diagnostic testing to identify conditions such as cancer, cardiac, metabolic, and neurodegenerative disease at the earliest stages. Fountain Life gives members the information and tools to make lifestyle modifications that can help them live longer, happier lives."
The other side to Fountain Life's model is in insurance, through a subsidiary, Fountain Health Insurance. That entity, the company says, "switches that focus to investing heavily on preventative health care to create healthier populations and lower overall health care costs. While Fountain Health Insurance does cover traditional care, its primary focus is on proactive engagement and preventative care."
"Detecting asymptomatic disease is challenging because the human body is amazing at masking symptoms, but diagnostic technologies have come a long way. The ability to screen for structural abnormalities and other key indicators of developing disease exists today, but we must change the health care delivery model to truly realize the benefits of early disease detection," Kapps ays in the statement. "The best way to avoid or mitigate long term issues is to look for them early — waiting until conditions manifest themselves and require costly treatment is suboptimal and can lead to reduced longevity and quality of life. We are humbled by the commitment by Eos Venture Partners and Newcross Healthcare to support this transformation."
The company launched in 2020 with a list of co-founders that includes Robbins, a celebrity life and business strategist who has sold over 15 million copies and over 50 million audio business volumes globally; best-selling author and serial entrepreneur Peter Diamandis; accomplished surgeon, biomedical scientist and serial entrepreneur Dr. Bob Hariri; and Dr. William Kapp, a Naples orthopedic surgeon, who, the company states on its website, has built multiple businesses and nine Landmark hospitals.
Fountain Life has launched a health insurance business and opened dedicated centers in Naples; White Plains, New York; Dallas; and Rishikesh, India, with a center under development in Lake Nona, The company plans to open additional centers in the U.S. and globally in 2023.
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