Minneapolis-based Allina Health, in partnership with Flare Capital Partners, has launched a new company, Inbound Health, designed to help health systems and payers design and build nursing programs skilled at the hospital and at home.
WHY IT IMPORTANT
Inbound Health’s goal is to provide all the capabilities needed to scale the home care model, according to Allina Health – such as engagement and workflow technology, analytics, virtual care teams, exposure, and more. home care processes, supply chain partnerships, activity monitoring, and payment models.
The new company will be led by CEO Dave Kerwar, who previously served as product manager at Mount Sinai Health System, where he developed direct-to-people, population health programs. consumers, directly to the employer and focused on improving quality. and cost effective.
Inbound Health will use $20 million in new financing to build its proprietary technology platform, integrate with biometric monitoring devices, and provide AI-powered analytics for workflow tracking. and participate in home hospital care programs.
The functionalities provided by the Inbound Health platform include the delivery of integrated virtual and in-home care, coordinated to seamlessly fit within the health system operation; Predictive patient ID, to help identify patients who can safely receive highly effective care at home; and personalized planning, to scale care plans to patient needs, and to coordinate interdisciplinary teams.
According to the new announcement, Inbound Health also offers interactive digital content to proactively and passively identify patient needs and ensure “easy interaction, communication between the patient and the care team.” , and coordinate discharge processes to help ensure a safe transition from high-level smart home care to the health system’s network.
“We are proud to be backed by one of the most respected healthcare systems and one of the largest dedicated healthcare technology venture capital firms in the country with the goal of making network this new level of care”. “Inbound Health will leverage the clinical, operational and technological assets we have developed with Allina Health to enable customers across the country to safely provide home care, at a fraction of the cost. lower costs and deliver an enhanced experience for patients and caregivers.”
TREND TO BIGGER
Home hospital programs are rapidly gaining popularity and redefining traditional methods of care.
Much of the growth is being driven by major health systems like Allina Health. For example, last year, the Mayo Clinic and Kaiser Permanente announced a joint $100 million investment in the Medical Home Group, whose technology platform is designed to enable providers to deliver care. acute care at home safely. Ascension, Intermountain and others are also working together to promote more innovative policies in the space.
Smaller hospitals and health networks should start now to prepare for the home hospital model. Here are some tips for setting up a successful program.
The Inbound Health platform has been operating across Allina Health’s service area since May 2020, and currently, more than 4,200 patients across 185 major diagnoses have received care through the program.
That has allowed Allina Health to expand its continuum of care for its patients, with tools such as biometric tracking, digital monitoring, home therapy, virtual visits with a patient’s doctor. hospitals and geriatricians, etc.
According to Allina officials, the program has reduced the total cost of care by 30-40% on a risk-adjusted basis while achieving similar or improved clinical outcomes when compared to primary care. in the traditional setting – helping the health system grow in new phased payers based on contracts with commercial payers and Medicare Advantage in Minnesota.
ON PROFILE
“The home hospital programs we have extended to thousands of patients in Minnesota are rooted in the health care dynamics of our population,” said Lisa Shannon, president and chief executive officer of Allina. is to provide safe, high-quality, affordable care that is timely and convenient to access.” Health, in a statement. “We’re excited for Inbound Health to leverage the capabilities and know-how that support these programs to scale similar home-based programs across the country.”
Michael Greeley, co-founder of Flare Capital Partners, adds: “Acute home care models represent an attractive opportunity to reduce care costs while increasing access and satisfaction for care providers. patient. “Inbound Health is truly different, not only because of the unique clinical and technological assets that underpin the platform, but also because it powers one of the largest hospitals and home SNF programs.” domestic.”
Twitter: @MikeMiliardHITN
Email the writer: [email protected]
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