January 7, 2021
Sword Health is the fastest-growing MSK solution
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The company saw eight-fold revenue growth and delivered more than 2 million minutes of physical therapy in 2020.
As physical pain skyrockets from long days at the home office, demand for virtual solutions to musculoskeletal (MSK) pain is booming. A survey by Business Group on Health found 71 percent of large employers accelerated telehealth and virtual care offerings for their employees, while 52 percent made the implementation of more virtual care solutions their top priority for 2021. Virtual MSK care has seen the largest growth over the last year and is expected to see exponential growth in the years to come.
Sword Health, a virtual MSK care provider, has quickly gained traction in the market, leading to exponential growth over the last year with eight-fold revenue growth and a nearly five-fold increase in active users in 2020.
“Nearly three out of four potential clients that have evaluated SWORD Health against the competition have chosen our solution,” said Virgilio Bento, CEO of SWORD Health. “Self-insured employers are prioritizing high quality clinical-grade care that is convenient, utilizes licensed physical therapists at every touchpoint, and reduces costs for themselves and their members.”
Thrive, Sword's AI pain care solution, pairs every member with a dedicated Pain Specialist holding a Doctor of Physical Therapy degree, who designs their program and monitors their progress throughout. Sword's proprietary Vision AI+ technology delivers real-time movement guidance through the Sword app, while Phoenix, Sword's AI Care Specialist, supports each session. Thrive remains the only solution clinically-proven to outperform traditional physical therapy¹, and covers the full spectrum of MSK conditions, including chronic, acute, and post-surgical care across the lower back, shoulder, neck, knee, elbow, hip, ankle, and wrist.
“Sword Health outshines every other virtual musculoskeletal solution that has emerged over the last few years,” said Brian Marcotte, Sword Health Industry Advisory Board Member and former President and CEO of Business Group on Health. “Its comprehensive clinical model leverages physical therapists throughout a patient’s journey making Sword Health a truly virtual physical therapy solution.”
About Sword Health
Sword Health is the world’s largest AI Care Platform for MSK health, combining clinician expertise with AI to deliver personalized, accessible care at scale. Thrive, Sword’s AI pain care solution, uses Vision AI technology in the Sword app to provide real-time movement guidance from home. Members connect with a Pain Specialist holding a Doctor of Physical Therapy degree who designs their program and monitors their progress, while Phoenix, Sword’s AI Care Specialist, guides each session.
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Footnotes
Scientific Reports, 2018. doi:10.1038/s41598-018-29668-0