By writer to www.manchestertimes.com
NASHVILLE, Tenn.–(BUSINESS WIRE)–Might 5, 2020–
Monogram Health, a number one kidney illness care administration firm, introduced at present that it has secured $7 million in funding via the closing of a Collection A-1 financing spherical. The spherical was co-led by Frist Cressey Ventures and Norwest Venture Partners. The funding represents one other vital milestone for Monogram as the corporate continues to develop, improve well being plan partnerships and handle the care of susceptible sufferers with kidney illness via in-home engagement and elevated interplay throughout this time of heightened isolation introduced forth by the COVID-19 pandemic.
Monogram presently operates its kidney illness care administration packages for 1000’s of sufferers throughout the U.S., together with Humana Medicare Benefit and Industrial plan members in Louisiana and Mississippi. The corporate companions with well being plans to collaborate with nephrologists and guarantee high-quality affected person care is delivered affordably. Monogram’s care administration crew of nurses, social staff, nephrologists, and geriatricians develop robust and lasting relationships with sufferers via in-person visits to their properties, inclusive of members of the family and group assist, as a way of enhancing total well being outcomes. By these common visits, Monogram’s specialised care groups monitor and handle sufferers’ kidney care supply, equivalent to applicable medicine compliance, in addition to transitions to and adherence with renal alternative, palliative care, and different evidence-based remedy modalities.
“We pleasure ourselves on working with revolutionary corporations which are really reworking the supply of healthcare, and we share in Monogram’s imaginative and prescient of constructing kidney care extra accessible to extra individuals, reducing the price of care, and on the identical time enhancing their high quality of life and well being outcomes,” mentioned Senator Invoice Frist, M.D., Co-Founder & Companion of Frist Cressey Ventures and Monogram Well being’s board chairman. “In mild of the COVID-19 pandemic, the necessity for high-quality, in-home kidney well being providers are solely rising, and Monogram is on the forefront of this shift to home-based care administration and supply.”
Dwelling visits and frequent interplay with Monogram crew members have change into much more important in mild of COVID-19. These visits have been instrumental in safeguarding high-risk sufferers with severe underlying well being circumstances towards pointless hospitalizations, missed doctor visits and the emotional impacts of being remoted in a time of social distancing. Monogram helps the supply of care within the dwelling and out of doors of clinics and healthcare amenities, minimizing the potential unfold of COVID-19.
“The COVID-19 pandemic has put a highlight on the house as a secure healthcare setting for dialysis and different kidney-related care,” mentioned Casper de Clercq, Normal Companion, Norwest Enterprise Companions. “Monogram’s resolution empowers the susceptible sufferers with renal illness to be seen within the consolation and security of their very own properties and to decide on remedy modalities which are home-based, somewhat than clinic-based. This revolutionary method to managing kidney care supply will assist enhance well being outcomes for a inhabitants that drastically wants and deserves higher care.”
The funding additionally comes because the Facilities for Medicare and Medicaid Providers is rising its consideration and give attention to the price and high quality of kidney look after its Medicare beneficiaries. By the 21 st Century Cures Act, Medicare beneficiaries with finish stage renal illness can have the choice throughout the Annual Election Interval (AEP) later this 12 months to enroll in 2021 Medicare Benefit plans administered by non-public well being insurers to offer protection for his or her care wants.
Monogram Well being is a number one renal illness care administration firm offering an revolutionary care mannequin and data-driven options to remodel look after sufferers residing with continual kidney and end-stage renal illness. Partnering with well being plans via a nationwide community of nephrologists and main kidney care specialists, Monogram Well being offers renal sufferers with distinctive at-home care administration. By using subsequent era synthetic intelligence, clinically built-in care supply and personalised care planning, Monogram Well being’s mannequin seeks to delay development of the illness, promote a seamless transition to dialysis or pre-emptive kidney transplant and optimize well being outcomes for these sufferers with end-stage renal illness. Primarily based in Nashville, Tenn. and privately held by Frist Cressey Ventures and Norwest Enterprise Companions, Monogram Well being presently operates its renal illness care administration packages for 1000’s of sufferers throughout the U.S. on behalf of notable well being plan purchasers. To study extra about Monogram Well being, please go to here.
KEYWORD: TENNESSEE UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: MANAGED CARE HEALTH PRACTICE MANAGEMENT
Copyright Enterprise Wire 2020.
PUB: 05/05/2020 08:30 AM/DISC: 05/05/2020 08:30 AM
Copyright Enterprise Wire 2020.
