Nymbl Science, a 2017 Prime Health Challenge winner, is on mission to prevent 1 million falls. Combining medical science and mobile technology, the company measures, tracks, and improves balance for seniors, helping to boost their confidence and enhance their quality of life. Nymbl’s solutions promote simultaneous cognitive work (“dual tasking”) that prepares the brain to respond to the distractions in life when elders are more prone to falling.
Prime Health sat down with Ed Likovich, Nymbl’s COO, to learn how being named a winner of the 2017 Prime Health Challenge has benefited the company in their mission to Prevent 1 Milion Falls.
How did you get involved with Nymbl Science?
I moved to Colorado in 2016, after serving as CEO of GoodLux, a wearables company in Boston. Soon after arriving in Colorado, I started working with Jack Tankersley of Meritage Funds as their Entrepreneur in Residence. There is a strong network in Colorado; I was always talking to people about something in digital health and healthcare. Through my connections at MergeLane, I met Tom Virden, the co-founder of Nymbl. I thought what they were doing was incredibly awesome. While the product hadn’t been launched yet, they had a strong beta version of their solution. I thought, “Good, I found the right thing. Let’s get started with this.”
I grew up in rural Pennsylvania and my wife is from Colorado. We have two young kids and realized that Colorado is great place to raise a family. Of course, Colorado has a great reputation in the startup world, and Denver has become a digital health center. There is a lot going on here; a lot of smart people here.
What was your initial vision for Nymbl?
Dr. Jean-Pierre Farcy is the medical co-founder of Nymbl and a retired spine surgeon. He looked at outcomes from the surgeries that he and his team performed and discovered two things:
Two people having the same surgery would have different outcomes that weren’t easily explained. After some research, Dr. Farcy found that balance accounted for 80% of their outcomes. As a result, Dr. Farcy wouldn’t operate on people who didn’t have good balance. Balance is about the brain and the body working together. For example, many people, such as the elderly, can’t do memory recall as they are walking.
People tend to fall when they become distracted and haven’t maintained the cognitive bandwidth required to stay balance. The brain and the body need to be working equally well together. Based on this knowledge, we created an overarching vision statement – Preventing 1 Million Falls.
- 1 in 4 Americans aged 65 years and older report falling every year. Retrospective data shows 1 in 3 older Americans actually fall.
- Falls are the leading cause of fatal and non-fatal injuries for older Americans.
- Every 11 seconds, an older adult is treated in the emergency room for a fall.
- Falls are the most common cause of nonfatal trauma-related hospital admissions among older adults.
- Every 19 minutes, an older adult dies from the after-effects of a fall.
What factors led to Nymbl participating in the 2017 Prime Health Challenge?
First of all, we were attracted to the brand recognition Prime Health has earned. Everyone knows that Prime Health is the go-to resource for digital health. The organization also has a strong reputation for helping startups succeed.
Secondly, we understood the impact we could achieve by presenting our solutions through partnerships with Prime Health. We knew we could have a real discussion with decision makers who say could say, “This is great and something we want to focus on,” or “This isn’t something we’re interested in.”
“We understood the impact we could achieve by presenting our solutions through partnerships with Prime Health. We knew we could have a real discussion with decision makers who say could say, “This is great and something we want to focus on,” or “This isn’t something we’re interested in.”
How was your experience with the Prime Health Challenge. What made it valuable for you and Nymbl?
The quality of the partners we’ve met has been valuable and surprising. I’ve been in the startup world long enough to have participated in programs that promise a lot but don’t always deliver. You can often finish a program and just have three lawyers who want your business. With Prime Health, people actually show up and work with you. It’s a peer group. It can be lonely in the startup world. You’re constantly fighting to get your vision out in the world and get people to listen to you. Partnering with Prime Health lowers the stress because you know there will be valuable outcomes from it.
The people and organizations that comprise the Prime Health ecosystem have a genuine desire to support you beyond your participation in the program. Mike Biselli has been a true leader and pioneer here with what he’s done at Catalyst HTI.
“The people and organizations that comprise the Prime Health ecosystem have a genuine desire to support you beyond your participation in the program.”
– Ed Likovich – COO, Nymbl
What, if anything, surprised you about your experience with the Prime Health Challenge?
I was surprised by how much we as a company changed going through the program. As a startup you know you’re never 100% of what you want to be. Prior to participating in the Prime Health Challenge, we thought we were at roughly 20-30%. Their approach taught us what we need to be successful; what we need to have in place before having critical conversations, and what types of partners can coach us and help enable our success. Prime Health really helped us understand all of that.
Whom did you ultimately select as a provider from the Prime Health Challenge?
After our pitch, four people raised their hands. All of them are engaged with us including Centura Health, SCL Health, Kaiser Permanente, and UC Health. Every major healthcare system knows what a huge problem falls are. We’re excited to have a lot of people interested in us moving forward.
How did these partners help Nymbl grow and evolve its business model?
We were certainly exposed to a diversity of healthcare models. We also learned about different ROI models and how we needed to prove outcomes and tie dollar amounts to them.
The second you get to test software in a clinical setting, you begin to see all of the flaws in it. The greatest benefit for us is understanding workflow. Our solution has to immediately prove value and be easy to implement.
What advice would you give companies who are interested in participating in a future Prime Health Challenge?
I’m a big believer in the power of relationships. Companies are looking at who is connected to Prime Health – they want to build those relationships.
The first thing that comes to mind is Catalyst HTI. It’s such as benefit to being in a building with people who are adjacent to you solving similar or complementary problems. Congratulations to Mike for getting this off the ground. It’s a great place to be to meet people. The more people you meet and talk to, the more successful everyone gets.
What’s been done here is extraordinary. The impact and reach Prime Health and Catalyst HTI has is great to see.
About Nymbl Science
Nymbl Science is a mission-driven company committed to Preventing 1 Million Falls. By combining smartphone technology with evidence-based methodologies that include current science combining brain and exercise research, Nymbl differs from other fall prevention interventions in the following ways:
• Balance and improvement are measured and quantified
• Training is daily and requires less than 10 minutes per day
• Training occurs at home and when it is most convenient
• Simultaneous cognitive work (“dual tasking”) prepares the brain to respond to the distractions in life when elders are more prone to falling
Visit www.nymblscience.com for more information.
They were drawn from a pool of applicants that included startups from around the nation. They were rigorously vetted by more than 40 healthcare and business leaders. They endured months of networking, mentoring, and training. Now, six digital health startups have been given the greenlight to pitch at the largest competition of its kind, the Prime Health Challenge.
“This year’s finalists represent the unique needs of Colorado’s underserved population,” said Nicole McNew, executive director of Prime Health. “They also highlight the vast opportunities that exist for entrepreneurs to develop, pilot, and innovate health technology solutions.”
At the 2018 Prime Health Challenge, this year’s finalists will have the opportunity to pitch before an audience of hundreds. Each innovator will attempt to convince a panel of payers and providers to pilot their solution. At the end of the competition, the Colorado Health Foundation will award three of the startups a share of $150,000 to fund their pilots.
“What makes the Challenge so unique is its ability to impact the lives of patients across the state,” McNew said. “Participating organizations like Stout Street Clinic, Denver Health, AllHealth Network, and Mt. San Rafael Hospital are serving Colorado’s most vulnerable patients.”
“The pilots resulting from the Challenge will connect these populations with resources such as financial education, behavioral health services, and symptom management.”
For patients, providers, and payers, a lot is on the line. The winners of the Prime Health Challenge may determine their benefits, workflows, and profits in the coming years. Some may enter the healthcare industry as partners; others, as competitors. Either way, these startups represent the vanguard of the technological revolution that is currently sweeping through clinics and hospitals.
Here are the six digital health startups competing for a chance to transform care in Colorado.
Care on Location is a telehealth service provider that utilizes its convenient software platform to connect patients to quality telemedicine care. Through its geolocation-based matching system, the company is able to connect patients that need more than a telehealth visit directly to a partnership network of office-based and mobile healthcare providers.
The company makes it easy for its partners to succeed in offering telehealth by providing a customized set of comprehensive services. These services include organizational needs assessment, program design, hardware, software, and clinical services.
“Care on Location is solely focused on serving safety net providers and their patients,” said Dr. Jonathon Savage, the company’s CEO. “This means our partners receive a better service as we’re tuned in to the unique needs, challenges, and considerations of safety net institutions.”
“Our mission is to improve access to high quality medical and behavioral care in the safety net space in a manner that keeps the patient’s core team of providers front and center.”
TCARE’s Medicaid-approved platform is used by health insurance companies to reduce family caregiver burnout and delay nursing home placement. The company’s evidence-based predictive technology saved Washington State Department of Social and Health Services over $10 million in a 2,300-caregiver pilot by delaying nursing home readmissions by 18-24 months.
“Our partnership with Colorado’s host institutions will allow TCARE to similarly impact the quality of care for Colorado’s at-risk aging population.”
Tela (formally Tx Tracker) empowers cancer patients to track their symptoms, medication usage, and other health data to better manage their treatment experience. The company’s platform shares this data with providers to improve patient outcomes and with pharmaceutical and biotech researchers to accelerate precision medicine research.
“Tela will partner with host institutions to close the information gap on what’s happening between clinical visits,” said Tela CEO Christie Mangir. “Our platform will help care teams manage high-risk patients, and help administrators minimize costs and maximize value.”
“Measuring both the financial impact and the impact on patient outcomes, a pilot with Tela will demonstrate the value created by incorporating ePROs and remote patient monitoring into oncology care.”
Epharmix is an evidence-based remote patient monitoring company passionate about improving outcomes in high and rising-risk populations. The company increases engagement by sending proactive, clinically-validated texts and phone messages to the patient’s own phone to collect patient-reported biometrics and symptoms for 23 chronic diseases.
Epharmix’s algorithms risk-stratify patient responses and trigger alerts to care management teams, enabling timely, targeted care to prevent readmissions or exacerbations. The company helps care managers more efficiently engage patients to be successful in value-based care.
“Epharmix is excited for the chance to partner with Colorado-based safety net providers to support patients and their care teams,” said Epharmix CEO Blake Marggraff. “Our remote patient engagement technology is especially powerful for organizations focused on a combination of behavioral, chronic, and social determinants of health.”
“We are looking forward to helping Prime Health’s host institutions provide even more scalable, financially sustainable, and high quality care for the patients who need it most.”
Medecipher helps hospitals navigate operational decision making. Founded by the former managers of an academic emergency department and industrial engineers, the company understands patient flow, throughput, and the operational reality of emergency departments.
Medecipher’s flagship product is an early detection software and services platform for emergency department leaders. According to the company, the product promptly delivers a return-on-investment by reducing flex staffing costs and recapturing walk-out volume.
“At Medecipher, we recognize that determining appropriate nurse staffing is a major challenge for all hospitals,” said Stephanie Gravenor, CEO of Medecipher. “However, this is issue is especially challenging for critical access and safety net hospitals, who must continuously adapt their nursing care and skills to an environment with wide fluctuations in census, acuity, and care needs.”
“Medecipher introduces a proactive staffing approach that promotes high quality patient care while being mindful of the financial constraints facing the organization.”
Golden is financial health and benefits care for our fastest growing and most vulnerable population, our seniors. Golden enables providers to give senior-population patients and their families Golden’s How to Pay for Mom’s Care Program.
This proactive program checks seniors for means-tested government benefits qualification and drug discounts. It also allows family members to pay bills and manage money when their senior parents can’t due to hospitalization, dementia, or chronic care conditions.
About Prime Health
Prime Health is a business ecosystem of healthcare administrators, providers, technologists, academics, entrepreneurs and investors dedicated to improving healthcare delivery through health tech innovation. Prime serves as a community integrator, accelerating the adoption and implementation of evidence-based emerging technologies that enhance access to care, improve clinical outcomes and reduce costs. The organization operates Innovation programs and events that bring together community stakeholders to discuss industry needs, identify innovative solutions, and scale partnerships that drive meaningful outcomes. To learn more, visit: www.primehealthco.com.
About the Colorado Health Foundation
The Colorado Health Foundation is bringing health in reach for all Coloradans by engaging closely with communities across the state through investing, policy and advocacy, learning and capacity building. For more information, please visit www.coloradohealth.org.
This article was optimized using emphasis.ai.
On August 7th, Colorado’s payers, providers and innovators gathered for Prime Health’s Employer Health Innovation Summit. In partnership with Bach Health, Prime Health welcomed Firdaus Bhathena, Chief Digital Officer at Aetna, as the keynote speaker. Firdaus shared his insights on how companies such as Aetna are evolving to meet the changing needs of healthcare consumers. Following are some highlights from the event.
Firdaus opened his presentation by asking the audience to describe what consumer want in healthcare. “Easy, interactive and transparent” were at the top of the list.
“When you look at a person’s overall wellness, 10% of it is determined by clinical health, 30% of it is determined by genetic factors, and the remaining 60% is based on social determinants,” said Firdaus. “Right now, we’re only addressing clinical health.”
Firdaus also noted, “My primary care physician doesn’t influence my health. I only see him once or twice a year.”
“Your zip code and socioeconomic status is more important than your genetic code,” Firdaus emphasized. Research shows that overall health is not just a result of not being sick. It is based on a complex combination of environmental and social determinants, such as your physical and emotional health, your financial health, and your social connections. These determinants influence our health trajectories.
“Being a healthcare financier is a thing of the past. We want to be your health and wellness partner. Can we deliver value to you, without ever charging you? That’s a way to build trust.” Firdaus referring to the “freemium” model that tech companies such as Dropbox use to engage consumers and gradually earn their trust.
“Can we get to a place where consumers trust us with their data?” Firdaus asked. “We have to solve this problem. At Aeta we use artificial intelligence and machine learning to derive insights for Next Best Actions (NBAs) that target a member’s specific health profile. We then explain to consumers why they should take a specific action during their wellness journey.”
Firdaus described a research study commissioned by Aetna that shows that people who haven’t visited a primary care provider (PCP) in the past two years are five to eight times more likely to have an avoidable ER-related visit.
“We can show consumers how to use our digital tools to make an appointment, go see their PCP, and avoid the ER. It’s a win-win for everyone,” said Firdaus. “We did a pilot with a few thousand users where we actually demonstrated value to the user based on strong data science. It led to a 100% increase in visits to PCPs. Now we’re looking at the data to see how it decreased avoidable ER visits.”
“The purpose part is really important in healthcare. Tech people are in general very interested in, “How can I make this better?”” Firdaus describing why Aetna has brought on technical expertise to help solve healthcare problems. “We are the first to admit, we don’t know the future of healthcare. We can test and interate and hopefully have the courage to shut things down that don’t work.”
Read Prime Health’s interview with Firdaus for more insights into how healthcare companies are evolving to meet the needs of today’s heathcare consumers.
Prime Health recently spoke with Firdaus Bhathena, Aetna’s Chief Digital Officer, about the rise in consumerism in digital health, and how Aetna is leveraging technology and apps to deliver a hyper-relevant experience to its members.
Aetna is moving from being a healthcare financier to becoming a health and wellness partner for consumers at large. What are the some of the key initiatives that Aetna is implementing to make that shift?
As a healthcare financier, we help our members pay for healthcare and navigate the healthcare system. However, that’s not enough anymore. When you look at a person’s overall wellness, 10% of it is determined by clinical health, 30% of it is determined by genetic factors, and the remaining 60% is based on social determinants. Right now, we’re only addressing clinical health.
“When you look at a person’s overall wellness, 10% of it is determined by clinical health, 30% of it is determined by genetic factors, and the remaining 60% is based on social determinants.”
Your zip code and socioeconomic status is more important than your genetic code. Overall health is not just a result of not being sick. It is based on a complex combination of environmental and social determinants, including:
· How is your physical and emotional health?
· How is your financial health?
· What are your social connections?
· Do you have a sense of purpose?
These determinants influence our health trajectories. So, how do we understand them? How do we then enable people to lead happier, healthier, more productive lives? It’s a combination of better understanding of the data, gaining feedback directly from the consumers, and academic insights. For example, Aetna has a research partnership with the Harvard T.H. Chan School of Public Health to study the determinants of well-being including: physical health, emotional health, social connectedness, financial security, purpose and character strengths. The results of the study will inform future initiatives and allow us to create programs to help improve the well-being of our members.
How does Aetna Digital plan to leverage its deep data assets and technology expertise to deliver an outstanding consumer experience?
We have a mantra here at Aetna, “we need to separate the signal from the noise.” There is a tremendous amount of data and research out there. We need to boil it down and simplify it, so we can help consumers go down the right path. We must provide our members with the information they need to make the best possible decisions for their particular healthcare situation.
“We must provide our members with the information they need to make the best possible decisions for their particular healthcare situation.”
It’s hard to make sense of the huge amounts of data. At Aeta we use artificial intelligence and machine learning to derive insights for Next Best Actions (NBAs) that target a member’s specific health profile. We then explain to consumers why they should take a specific action during their wellness journey.
For example, research shows that people who haven’t visited a primary care provider (PCP) in the past two years are five to eight times more likely to have an avoidable ER-related visit. We can show consumers how to use our digital tools to make an appointment, go see their PCP, and avoid the ER. It’s a win-win for everyone. We did a pilot with a few thousand users where we actually demonstrated value to the user based on strong data science. It led to a 100% increase in visits to PCPs. Now we’re looking at the data to see how it decreased avoidable ER visits. Other NBAs include:
· Enabling members to better follow their diabetes management plan
· Enabling members to better adhere to their medication regimen
· Increasing utilization of tele-health solutions when appropriate
· Ensuring that members are getting the screenings they need for conditions such as breast cancer and colorectal cancer
· Enabling members to better follow their discharge instructions after an acute care episode
How will the proposed acquisition of Aetna by CVS benefit healthcare consumers?
The most important point to be made is that this is a vertical integration as opposed to two companies who do much of the same thing coming together to increase market share. Combining Aetna’s managed care benefits and services with CVS Health’s unmatched local presence, and clinical and pharmacy expertise creates a consumer-oriented, vertically integrated care delivery model that has tremendous benefits for the consumer from a cost, convenience, and access to healthcare standpoint. The goal is to provide high-quality healthcare wherever and whenever the consumer needs it in as cost-effective and accessible a manner as possible. Digital tools will surround the consumer with an always-on health and wellness partner, while connecting the consumer to the appropriate local care provider in a timely and efficient manner.
We want to be the best in the business at understanding consumers’ healthcare needs and health ambitions, and providing personalized solutions tailored to each person’s individual situation.
Aetna Digital recently “sunsetted” its iTriage app in favor of the Aetna Health app. What, if any lessons or best practices from iTriage are you applying to Aetna Digital?
iTriage and other solutions had very powerful concepts built into them. Over time, there’s been an increase of point solutions, and the user experience was becoming disjointed. We’re not thinking about our app from a feature standpoint anymore. Now we’re thinking about it as a user experience.
We’re asking, “What is this person trying to achieve? What are their health ambitions?” iTriage was doing this within a very narrow domain. We looked at our inventory of digital solutions from the member point-of-view and used Aetna Health to integrate various point-solutions for a better user experience.
We’re asking, “What is this person trying to achieve? What are their health ambitions?”
Considering the next generation of healthcare consumers, what are the key goals you would like to see addressed with technology over the next three to five years?
We need to push interoperability across different systems. Data is tied up in different silos. Healthcare is sensitive to the issues of privacy and security which is limiting the value of the data in these silos. We need private, secure access to data. The future of digital health needs to bring this together. How can we leverage AI and machine learning to access this data in order to fix the healthcare problems that this country faces?
Aetna is using advanced analytics and machine learning to act upon the data we have right now, but it’s still pretty cumbersome. Lag time is a problem in healthcare data. Right now, we don’t receive indication of a health issue until a claim is filed. Connected devices will allow for real-time data direct from consumers, allowing us to find these insights directly from the source.
We’re at a major inflection point right now. Healthcare is a national issue that affects all of us in a personal way. Every patient has a story about a healthcare experience where there was room for improvement. Improving this experience means changing the way we do business and leveraging technology to drastically improve the way patients interact with the healthcare system.
Every patient has a story about a healthcare experience where there was room for improvement. Improving this experience means changing the way we do business and leveraging technology to drastically improve the way patients interact with the healthcare system.
Learn more about Prime Health here.
Denver Health’s Susan Moore, Ph.D., joined us at our June 28th Meetup to discuss best practices in pilot study design and implementation and to provide tips on how to partner successfully with health systems to ensure that your pilot serves as a launchpad for continued success. Key topics included the following:
* Health care as a complex adaptive system
* Health care delivery system types, characteristics, and stakeholders
* Framing your value proposition from a pilot study perspective
* Pilot study design considerations
* Partnership and implementation processes
* Maintaining relationships post-pilot
Susan L. Moore, PhD, MSPH, is the Associate Director of Research Operations at Denver Health, a research scientist in the Center for Health Systems Research at Denver Health, an Assistant Professor of Medicine in the University of Colorado School of Medicine, an Assistant Professor of Biostatistics andInformatics at the Colorado School of Public Health, and the mHealth research methods core program lead at the Adult and Child Consortium for Health Outcomes Research and Delivery Science (ACCORDS) at the University of Colorado.
Dr. Moore’s ongoing research interests include consumer health informatics, clinical decision support, and the use of mobile health technology to deliver patient-centered care. She uses mixed methods where appropriate in both health systems research and program evaluation, and incorporates implementation science strategies for studies that take place in the health care setting.
You can view Dr. Moore’s presentation here.
After an in-depth review by over forty business, community health and hospital leaders, Prime Health, the country’s leading health innovation ecosystem, is excited to announce that thirteen companies have been selected to move forward in the 5th Annual Prime Health Challenge.
The Prime Health Challenge and evaluation process are helping to drive meaningful collaborations between entrepreneurs and Colorado healthcare systems. Applicants from around the country were assessed by industry leaders based on their social and health impact, market-readiness, and business models. With support from the Colorado Health Foundation, the community is in a unique position to improve healthcare not only in Colorado but across the country.
The 3-month process of mentorship will culminate in a live, shark-tank style event where finalists will get a chance to pitch their products in front of an audience of healthcare leaders and potential customers on October 11th at the EXDO Event Center in RiNo Denver. Winners will be awarded a share of the $150,000 prize and the opportunity to pilot their solutions with Colorado Safety Net healthcare organizations.
“The Colorado Health Foundation aims to engage innovations that help safety net providers, particularly those in rural communities across Colorado, to offer culturally competent, high-quality and comprehensive primary care, behavioral and/or social services,” explained Ben Bynum, M.D., Portfolio Director of Program Related Investments at the Foundation. “Collaborative partnerships with organizations like Prime Health help us to scale our mission and impact across the State.”
Michael Archuleta, Chief Information Officer at Mt. San Rafael Hospital, a host institution for the Challenge, said, “Digital Health Innovation starts with Collaboration! We must leave our egos at the door, and move the healthcare industry forward, and together! As Henry Ford would quote, “Coming together is a beginning, keeping together is progress, and working together is success!” With proper collaboration we can work together to transform healthcare!”
This year’s semifinalists highlight the unique needs of Colorado’s underserved populations and the vast opportunities that exist for entrepreneurs to develop, pilot and innovate health technology solutions.
access.mobile International is on a mission to improve access to care by driving patient behaviors in underserved markets. With a patient-centered approach, our proprietary technology, amHealth, is designed to meet diverse needs to facilitate meaningful and proactive mobile engagement. Our strategy and technology are informed by multicultural, public health and behavioral science expertise to increase awareness, adoption, adherence, retention and efficiency.
Careloop is focused on closing the gap that exists in engaging patients and their families, leveraging network science to drive better patient outcomes through improved communication, care coordination and an exceptional patient experience. In doing so, we break down barriers between health systems and fragmented EHRs, creating one place for communication with the patient, provider and family at the center of the conversation.
Care on Location is a telehealth service provider company that utilizes its convenient to use software platform to not only connect patients to quality telemedicine care, but through its geolocation-based matching system, is able to connect patients that need more than a telehealth visit directly to a partnership network of office-based and mobile health care providers.
Epharmix is an evidence-based remote patient monitoring company passionate about improving outcomes in high and rising-risk populations. We increase engagement by sending proactive, clinically-validated texts and phone messages to the patient’s own phone to collect patient-reported biometrics and symptoms for 23 chronic diseases- including behavioral health. Our algorithms risk-stratify patient responses and trigger alerts to care management teams enabling timely, targeted care to prevent readmissions or exacerbations. Epharmix helps care managers more efficiently engage patients to be successful in value-based care.
Golden is financial health and benefits care for our fastest growing and most vulnerable population, our seniors. Golden enables providers to give senior population patients and their families Golden’s How to Pay for Mom’s Care Program. The proactive Program checks seniors for means-tested government benefits qualification, drug discounts, and allows family members to pay bills and manage money when their senior parents can’t – due to hospitalization, dementia, and/or chronic care conditions.
Janus Choice is an unbiased, AI/ML clinical tool, that uses up to 3K data points to intelligently match each patient’s clinical, social, and financial needs to their optimal post-acute care (PAC) provider. We’re a 360 degree discharge solution that allows all parties involved – hospitals, PAC providers and payers – to collaborate, be transparent, and exchange information in real-time, leading to cost reduction, increased profitability, and improved patient outcomes.
Julota is a platform that allows health and personal information to be shared safely and securely between all private, and public organizations. Community-based organizations may find patients, identify problems, perform assessments, manage consents, and build community-wide care teams around any issue – classic healthcare diagnoses like diabetes, or social determinants of health like food insecurity – improving wellbeing, preventing life-changing events, and aggregating ‘community’ SDoH data.
Medecipher helps hospitals navigate operational decision making. Medecipher was founded by former managers of an academic emergency department and industrial engineers: we understand patient flow, throughput, and the operational reality of managing an ED. Our flagship product is an early detection software and services platform for Emergency Department leaders that delivers a 4x short-term ROI by reducing flex staffing costs and recapturing walk-out volume.
Through the Pyx product, My CareLoop, Pyx Health leverages mobile technology to connect health plan members with their closest family and friends to support them throughout their healthcare journey. We harness the power of family and friends and chatbot technology to provide support that is informed, relevant, and non-clinical to encourage self-management and drive improved health outcomes for users. Pyx also generate real-time alerts when a patient is accessing emergency, urgent or crisis care. While other technology falls short as a substitute for human connections, our technology uses these combined forces (chatbot and family/friends) to engage and maximize the power of influencers in the members’ lives.
Spry Health delivers on the promise of value-based care for people with chronic conditions. Spry Health has developed the clinical-grade Loop wearable that collects continuous vital signs and physiologic biomarkers. Using machine learning, Loop Analytics contextualizes the data and identifies early signs of deterioration before symptoms are noticeable. Clinicians are provided with information to provide targeted care to patients, resulting in improved outcomes and lower costs.
Start Talking – making it easier & more accessible for patients to get therapy. Start Talking is a HIPAA compliant & encrypted video platform that gives psychologists the ability to provide convenient and confidential online therapy to their patients. Providing therapists a complete practice management software that digitizes all the intake forms, session notes, self-scheduling calendar, e-commerce for credit card & insurance processing, allowing therapist to run their entire practice online.
TCARE’s® Medicaid-approved, SaaS platform is used by Health Insurance companies to reduce family caregiver burnout and delay nursing home placement. TCARE’s evidence-based predictive technology saved Washington State Department of Social and Health Services over $10M in a 2,300-caregiver pilot by delaying nursing home admissions by 18-24 months.
Tx Tracker empowers cancer patients to track their symptoms, medication usage, and other health data to better manage their treatment experience. The Tx Tracker platform shares this data with their providers to improve outcomes and with pharma/biotech/researchers to accelerate precision medicine research.
Nicole McNew, Executive Director of Prime Health said, “I am excited to present this portfolio of companies to the members of our Safety Net Advisory Board.” McNew continued, “These entrepreneurs are addressing crucial gaps to improve the lives of underserved patients and their providers.”
Barbara Martin, director of the Colorado State Innovation Model (SIM)l, leads a panel at the 2018 Prime Health Innovation Summit.
On May 10th, hundreds of payers, providers, and innovators from across Colorado gathered at the 2018 Prime Health Innovation Summit. The conference featured frank discussions on care coordination, data liquidity, and payment reform.
Here are some of the highlights from the 2018 Prime Health Innovation Summit.
“By many indications, the state of Colorado is thriving,” said Brent Bowman, Vice President of Strategy and Patient Experience at Kaiser Permanente Colorado. “However, with highly visible successes in measures like key economic indicators, there also comes disparity for those citizens who remain or become underserved.”
“There’s no reason why Colorado can’t be the innovation lab for the rest of the country on how we transform healthcare,” said Kim Bimestefer, Executive Director of the Colorado Department of Health Care Policy and Financing. “I’m trying to make this state that innovation lab.”
“1 in 5 have access to healthcare issues compared to 1-in-10 with care coordination issues,” 9HealthFair CEO Gary Drews said, referring to the findings of a recent survey of Coloradans. “11% are uninsured.”
“We need to think about data as a business asset,” said Sarah Nelson, Director of Business Technology at the Colorado Department of Health and Human Services. “Many of us are sitting on vast, untapped reserves of data.”
“Our challenge is to make it more accessible so we can refine it and turn it into value.”
“I want to thank you for the work you’re doing to unlock new possibilities in healthcare,” said Lieutenant Governor Donna Lynne. “You are going to make healthcare more affordable, more accessible, and more transparent.”
“Certainly, brick-and-mortar visits will always be a part of healthcare,” said Peter Antall, Chief Medical Officer of American Well. “But so much of healthcare can happen in other ways.”
“I fear the day our technology surpasses our humanity,” MGMA COO Todd Evenson said, quoting Albert Einstein. “I wonder if that’s not where we’re at.”
“Especially in rural areas, we often see providers having a hard time recruiting behavioral health specialists,” said Rachel Dixon, Director of telehealth at AccessCare. “They’re interested in using technology to solve this problem.”
“Blockchain is going to be the foundational technology for making sure we have control over our data,” said Morgan Honea, CEO of CORHIO. “It’s going to empower future technology to really put the control in the consumer’s hands.”
“One of the reasons why value-based payments haven’t taken off is that those who are paying the bill are concerned they’ll be paying too much,” said Bill Lindsay, a healthcare consultant. “On the other side of the coin, the provider is saying, ‘Unless I get a block of dollars that is sufficient, I can’t afford to change the way I practice.”
Save the date! The 2018 Prime Health Challenge will take place in Denver, Colorado on October 11th!
On May 10, Prime Health and the Governor’s Office of eHealth Innovation (OeHI) will host the 2018 Prime Health Innovation Summit. Attended by clinicians, executives, and entrepreneurs from across the state, the summit is the premier gathering of Colorado’s healthcare technology ecosystem.
The Prime Health Innovation Summit will cover topics like data liquidity, patient engagement, and value-based care. It will feature talks by leading figures in Colorado’s healthcare industry, including Lieutenant Governor Donna Lynne. Most importantly, it will give our community the chance to work together to improve care for people throughout the state.
From the panel discussions to the keynote speakers, here’s your guide to the 2018 Prime Health Innovation Summit: Enhancing Care Coordination Through Digital Health.
The Role of Entrepreneurs in Colorado’s Health IT Roadmap
Nicole McNew, Executive Director of Prime Health, and Mary Anne Leach, Director of the Office of eHealth Innovation, will deliver the opening remarks. McNew and Leach will discuss the role that entrepreneurs will play in Colorado’s Health IT Roadmap.
Medicaid’s Priorities for Innovation & Entrepreneurship
Kim Bimestefer, Executive Director of the Colorado Department of Health Care Policy and Financing, will deliver the morning keynote. The former chairwoman of Cigna Healthcare of Colorado will detail Medicaid’s priorities for innovation, and describe how entrepreneurs can collaborate with one of the nation’s largest payers.
Care Coordination: Orchestrating Services across the Continuum of Care
Achieving a better patient experience starts with understanding the journey of both the patient and the caregiver. Moderated by Lauren Ambrozic, Executive Director of Colorado Prevention Alliance, this panel will examine how healthcare organizations are working with communities to create a more holistic patient experience.
- Kathryn Jantz, ACHM Director, Rocky Mountain Health Plan
- Cindy Wilbur, Community Resource Network Director, Quality Health Network
- Gary Drews, CEO, 9Health Fair
- Robyn Dietz, Director of Account Management, CirrusMD
Data Liquidity: The Centerpoint of Population Health Management
This panel will explore how data can be leveraged to identify high-risk patients and coordinate care across primary care, specialists, and behavioral health settings. Sarah Nelson, Director of business technology at the Colorado Department of Health and Human Services, will moderate.
- Patrick Gordon, Vice President, Rocky Mountain Health Plan
- Robert Denson, Chief Information Officer, CORHIO
- Jason McRoy, Director of Business Operations, Boulder County
- Ako Quammie, Healthcare Information Technology Program Manager, Colorado State Innovation Model (SIM)
- Marc Lassaux, Chief Technology Officer, Quality Health Network
The State of Colorado Health Innovation
In her keynote address at the summit, Lieutenant Governor Donna Lynne will discuss the state of health innovation in Colorado and her vision for the future.
Lieutenant Governor Donna Lynne addresses the attendees of last year’s Prime Health Innovation Summit.
Virtual Health: The Future of Healthcare Delivery
Peter Antall, Chief Medical Officer of American Well, and Todd Evenson, Chief Operating Officer of Medical Group Management Association, will discuss trends in the adoption of virtual care platforms and products across Colorado and the United States.
Using Technology Wisely: How technology helps providers integrate care in Colorado
Barbara Martin, Director of the Colorado State Innovation Model, will facilitate a high-level discussion on how technology can help or hinder a practice’s integration efforts. Panelists will talk about challenges to implementing technology for practices of all sizes and discuss how entrepreneurs can pave the way for better adoption across the health system spectrum.
- Rachel Dixon, Director of Telehealth, AccessCare
- Dr. Debra Boeldt, Program Manager, National Mental Health Innovation Center
- Catherine Morrisey, QI Project Manager, Colorado Access
The Potential for Blockchain
Eric Kintner, Partner at Snell & Wilmer, and Morgan Honea, CEO of CORHIO, will explore the potential for blockchain technology across the healthcare industry while offering their perspectives on the barriers that persist from a legal and economic standpoint.
Paying for It All: Trends in Value-Based Reimbursement Models
When it comes to lowering costs while improving quality of care, what are payers looking for? Moderated by healthcare consultant Bill Lindsay, this panel will examine the latest thinking and the newest trends in payment reform among both private and public stakeholders.
- Jed Ziegenhagen, Director for the Office of Community Living, Colorado Department of Health Care Policy and Financing
- Scott Keim, Executive Director of Strategy and Operations & Accountable Care Solutions for the Western US, Aetna
- Elizabeth Basket, Executive Director, Colorado Community Health Alliance
- Bob Smith, Executive Director, Colorado Business Group on Health
- Rick Lewis, EMS Bureau Chief, South Metro Fire Rescue Authority
Stick around after the panels for a Fiesta Happy Hour with Redox!