HEALTH TECHNOLOGY, MEDICAL DEVICES
prnewswire | March 31, 2023
Tomorrow Health, an innovator in home-based care, announced novel technology to improve home-based care operations for Medicaid managed care organizations. Helping MCO care coordinators move beyond analog fax and phone workflows for home-based care, get up-to-the minute insight into order status and better manage members with complex cases, the new offering ensures essential healthcare can reliably be both delivered and coordinated in the home.
Created to provide publicly funded insurance coverage to low-income Americans, Medicaid is the second largest source of health insurance in the U.S., with nearly 83 million enrolled members. Adults with chronic conditions make up roughly 40 percent of the Medicaid patient population. Historically, Medicaid members have been more vulnerable to higher rates of chronic conditions, such as asthma, diabetes, endocrine disorders and hypertension. Seven million seniors are covered through Medicaid and receive services such as home healthcare and medical equipment to support long-term care needs. Medicaid members often experience difficulties accessing life-improving medical equipment, like hospital beds, oxygen equipment, nebulizers, insulin pumps, in a timely manner.
Care coordinators play a vital role in facilitating Medicaid members' physical and mental health, housing, crisis, and employment needs. In managing home-based care services, care coordinators are dedicated support for members who are the entry point for specific problems. They often rely on manual phone and fax communication with members' care teams, medical equipment suppliers, and care providers, and as a result, have little-to-no visibility into an order status or progress, lack information on past and existing referrals, and have no systematic way to collect regulatory forms.
By partnering with Medicaid MCOs, Tomorrow Health can streamline the workflow of the home-based care ordering process through modern day technology. Commercially sponsored Medicaid plans are monitored and graded on cost control, quality of care, and member satisfaction. Tomorrow Health's technology adds an extra layer of efficiency to meet these metrics by providing coordinators with important DME order-related information such as: referring provider details, product category estimated delivery date, confirmed delivery date, cancellation reasons, among others. Tomorrow Health's technology creates a tailor-made, one-stop-shop for coordinators at Medicaid MCOs who are managing multiple member cases.
"The Medicaid patient population has unique health and social needs, and requires high-touch care teams to manage all facets of the home-based care experience. Care coordinators act as lifelines for Medicaid MCO members, and often don't have the technology tools they need to ensure timely home-based care is delivered in a member's home," said Vijay Kedar, CEO and Co-Founder, Tomorrow Health. "With one in four aging seniors requiring some form of home-based care, our technology can simplify a disjointed ordering and management process for Medicaid MCOs, drive down costs, and most importantly, deliver high-quality home-based care to those most in need."
Tomorrow Health's technology is fully customizable for the Medicaid MCO population, depending on the plan and state.
About Tomorrow Health
Tomorrow Health builds technology that improves the way home-based care is ordered, delivered, and paid for. Today, the home-based care ecosystem is fragmented, confusing, and expensive, costing the healthcare system billions of dollars annually. Tomorrow Health manages and improves every step of the process, using technology-driven matching and considering quality, specialization, insurance coverage, and geography to pair patients with appropriate suppliers of more than 40,000 products and services. As a result, Tomorrow Health reduces the time it takes to coordinate and deliver home-based care for the one in four Americans who need it, from prescription, to reimbursement, to patient outcomes - ultimately leading to improved patient health results and lowered costs. Tomorrow Health partners with more than 125 leading health plans and health systems nationwide, including Pennsylvania's Geisinger Health Plan, and is backed by Andreessen Horowitz, BOND, Obvious Ventures, BoxGroup, Rainfall Ventures, and Sound Ventures.
HEALTH TECHNOLOGY, DIGITAL HEALTHCARE
Prnewswire | March 30, 2023
Getz Healthcare Pty Ltd announced that they have partnered with Subtle Medical, a U.S-based healthcare technology company, to distribute the company's artificial intelligence (AI)-based software solutions for faster and safer medical imaging. Subtle's solutions could provide significant efficiency gains for hospitals and private radiology clinics within Australia and New Zealand, resulting in more timely patient access to critical PET and MRI imaging services.
Subtle Medical's software solution, SubtlePET™, uses proprietary deep learning algorithms to denoise low count PET images from up to 75% lower radiotracer dose and faster scan times. SubtleMR™ uses increased sharpness and denoising to improve the image quality on up to 60% faster MRI exams. The solutions result in a broad range of benefits including faster scan times, lower radiation dose, improved image quality, higher scanner efficiency, and positive impacts on workflow and patient experience. Subtle's solutions are compatible across all PET and MRI scanner brands, makes, and models, and seamlessly integrate into existing workflows.
"We are thrilled to be expanding patient access to our AI solutions. Our goal is to not only make medical imaging safer and more focused on the patient, but also help imaging institutions and radiologists achieve higher quality imaging while running a more efficient operation. We are looking forward to a productive partnership with Getz," said Josh Gurewitz, Chief Commercial Officer at Subtle Medical.
James Simkins, CEO, Getz Healthcare, added, "We are really excited to be partnering with Subtle Medical. We believe Subtle Medical's software solution will bring tangible benefits to our customers and ultimately patients." "The possibility for Subtle Medical's software solutions to improve efficiency and image quality while extending the life of existing imaging systems is a real game changer for radiologists and patients in need of access to imaging. We are delighted to introduce this technology to Australia and New Zealand," said Kimberly Hill, Managing Director of Getz Healthcare Australia & New Zealand.
About Subtle Medical
Subtle Medical, Inc. is an innovative healthcare technology company with a suite of software solutions that use deep learning to increase the quality and efficiency of medical imaging. It is a CB Insights Top AI 100 and two-time Digital Health 150 company and is an Nvidia Inception Award Winner.
Subtle's (AI) software solutions have been commercially deployed in over 400 sites worldwide. SubtleMR™ and SubtlePET™ use deep learning to improve the image quality of accelerated MRI and PET scans, boosting exam throughput and profitability for centers, and getting patients in and out of the scanner faster. The company continues to expand globally with the support of recent Series B funding, bringing total funding to over $45 million.
About Getz Healthcare
Getz Healthcare is proud to be recognized as the leading distributor of medical equipment, devices and consumables, in Asia Pacific. We are an ISO 9001:2015 certified company, and we partner with leading manufacturers in medical technology, to offer a wide range of innovative and high-quality products & solutions, enabling our customers to focus on what's important – providing better care for their patients.
Headquartered in Singapore, we have been operating in the Asia region for over 110 years, serving over 7,500 customers, from our 23 offices and distribution centers, spread across Australia, Hong Kong, Malaysia, New Zealand, Pakistan, Philippines, Taiwan, Thailand and Vietnam.
HEALTHTECH SECURITY, AI
prnewswire | March 29, 2023
Technology company Kognitiv Corporation delivers advanced loyalty management, data activation and partner collaboration solutions to enable data-driven personalization and optimization of the customer journey across its innovative, omnichannel SaaS platform.
Next week, Kognitiv is excited to officially launch a new AI-driven predictive customer insights and activation tool, Kognitiv Pulse, a solution that monitors the health of your customer base, predicts future behaviour and identifies risks and opportunities while enabling you to act quickly on these insights.
Anchored on Kognitiv's proprietary SmartJourney® customer lifecycle methodology, Kognitiv Pulse is powered by proprietary artificial intelligence and machine learning software. It enables marketers to drive efficiencies by identifying – at an individual level - which customers to engage proactively and helps them focus on activities that grow their bottom line.
"This tool is exciting because it allows you to see, side-by-side, how your loyalty and non-loyalty customers are performing across key KPIs, like purchase frequency and customer lifetime value," said Anthony Wintheiser, chief product officer at Kognitiv. "It then predicts which milestone they're likely to be in next and prescribes what actions you should take next in order to keep them engaged and growing in their relationship with your brand."
Previewed through a live demo to a global audience of customer engagement and loyalty experts at the Loyalty Summit CXM conference in Zurich, Switzerland, on March 16, 2023, through a live demo of the product, Kognitiv Pulse was well-received by the crowd of attendees and retail leaders like Kognitiv client PetSmart. Kognitiv's global roster of clients includes leading brands like Hallmark, Avis, Hawaiian Airlines.
"We want to arm marketers with the metrics and reporting they need to not only make better decisions about how and when to engage their customers, but also to measure how those decisions are driving revenue growth," said Tim Sullivan, CEO of Kognitiv. "As an executive and former marketer, I know firsthand how valuable this product is to decision making, strategic planning and profitable revenue growth. I believe adding this revolutionary product to our arsenal will help propel Kognitiv to the levels of growth and profitability that I envisioned when I joined the firm."
Founded in 2008, Kognitiv is challenging global brands to redefine how they engage with their customers and deliver meaningful experiences that earn their lifetime loyalty. In June 2020, Kognitiv and Aimia's Loyalty Solutions came together to create a data and technology-led business, employing people across 20 countries worldwide.
With 200+ clients and partners in more than 50 markets globally, Kognitiv is removing the complexity of cultivating loyalty, data, and partnerships, so brands can deliver enhanced value, personalization, and experiences to today's consumers, right where they are.
Kognitiv's largest investors include Aimia Inc., a publicly-traded holding company listed on the Toronto Stock Exchange.