Inbound Health Launched to Enable Partners to Build and Scale Models of Hospital Care and Skilled Nursing Home Care Facilities

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Flare Capital Partners and Allina Health Lead $20M Fundraiser for Inbound Health to Scale Successful Acute Home Care Programs Nationwide Through Unique Partnership Model

MINNEAPOLIS–(BUSINESS WIRE)–Allina Health and Flare Capital Partners today announced the launch of Incoming Health, a new venture that enables health systems and health plans to offer in-home hospitalization and skilled home nursing programs. These innovative new models of care create the ability to care for patients requiring acute or post-acute care at the facility level in their own homes, improving patient access, satisfaction and outcomes while reducing total cost. care.

Inbound Health provides the full suite of features needed to scale home care models, including home care pathways, virtual care teams, engagement and workflow technology, analytics, partnerships supply chain, operational monitoring and payment models. The company’s flexible partnership structure allows customers to leverage their existing assets and capabilities while relying on Inbound Health to fill the gaps needed to scale these programs in their service area.

To date, more than 4,200 patients for 185 primary diagnoses have been supported through the Inbound Health platform, which has been operational in Allina Health’s service area since May 2020. The program has enabled Allina Health manage more of the continuum of care. for its patients, ensuring that care is delivered in a safe, coordinated and patient-centred manner. The company combines biometric monitoring, digital monitoring, in-home nursing and therapy, virtual visits with hospitalists and geriatricians, and a full supply chain to deliver a safe, high-quality care program.

Inbound Health has proven the program reduces total cost of care by 30-40% on a risk-adjusted basis while achieving similar or improved clinical outcomes compared to traditional residential care. These results have allowed Inbound Health and Allina to develop unique episodic payment contracts with multiple commercial payors and Medicare Advantage in Minnesota, a payment model the company plans to replicate with partners in other markets.

“The hospital-at-home programs we’ve tailored for thousands of patients here in Minnesota are rooted in our population health drivers of providing safe, high-quality, affordable care that’s quick and easy to access” , said Lisa Shannon, President and CEO of Allina. Health. “We are thrilled that Inbound Health is leveraging the capabilities and expertise that fuel these programs to expand similar at-home programs across the country.”

Inbound Health will be led by CEO Dave Kerwar who brings 20 years of experience executing industry-leading strategies to improve quality of care, reduce costs and create a consumer-centric approach to healthcare. Previously, Dave was Chief Product Officer at Mount Sinai Health System, where he built innovative technology operations to scale direct-to-consumer, direct-to-employer, and population health programs. Prior to Mount Sinai, Dave led business development for Aetna’s joint ventures, where he launched provider-owned health plans with leading health systems across the country.

“We are proud to be backed by one of the nation’s most prestigious healthcare systems and one of the nation’s largest dedicated healthcare technology venture capital firms in our quest to revolutionize this new level of care” , said Dave Kerwar. “Inbound Health will leverage the clinical, operational and technology assets we have developed alongside Allina Health to enable our customers nationwide to safely deliver facility-level care at home, lower cost and with an improved patient and caregiver experience. ”

Inbound Health will use the new funding to continue advancing its proprietary technology platform that integrates with a variety of biometric monitoring devices and brings engagement, workflow and analytics capabilities powered by RNs that are specifically designed to scale these home care programs. This platform optimizes Inbound Health’s ability to perform key functions on behalf of its partners, including:

  • Integrated delivery of virtual and home care: A coordinated operating model that allows Inbound and other partners to integrate (not disrupt) the functioning of the health system
  • Predictive patient identification: AI learning models that identify patients requiring skilled hospital and nursing care, but who can safely receive high-acuity care at home
  • Personalized care planning: A proprietary workflow management platform that tailors care plans tailored to patient clinical and care management needs and coordinates the interdisciplinary team throughout the care episode
  • High Touch Engagement: Healthcare system-branded digital engagement assets that proactively and passively identify patient needs and ensure easy, tactile interactions between patient and care team
  • Lowering the patient: Coordinated discharge processes that ensure a safe and measured transition from high acuity home care and bring the patient back into the health system network

“Acute home care models represent a compelling opportunity to reduce the cost of care while improving patient access and satisfaction,” said Michael Greeley, co-founder and general partner of Flare Capital Partners. “Inbound Health is truly differentiated, not only because of the unique clinical and technology assets that underpin the platform, but also because it has powered one of the largest hospitals and home-based SNF programs in the country. We look forward to partnering with Dave and the Inbound Health team to scale this platform nationwide.

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About Allina Health

Allina Health is dedicated to preventing and treating disease and improving the health of individuals, families and communities in Minnesota and western Wisconsin. A not-for-profit healthcare system, Allina Health cares for patients from start to finish through its 90+ clinics, 12 hospitals, 14 retail pharmaciesspecialized care centers and specialized medical services that provide Home Care, senior transitions, palliative care, home oxygen and medical equipmentand emergency medical transport services. Learn more about and join us on Facebook and Twitter.

About Flare Capital Partners

Flare Capital Partners strives to help build leading health technology, digital health and health services companies to improve health outcomes and expand access while reducing costs. care costs. We partner with inspiring entrepreneurs who seek to transform the healthcare industry by developing innovative and impactful products and services. Flare Capital is a team of proven health technology investors and senior operating executives known for their industry-leading thought leadership and strategic resources. Our company has raised some of the largest dedicated venture capital funds in the industry, focused on early-stage opportunities in health technology innovation, and our investors include leading healthcare companies, institutional investors majors, large family offices, foundations and sovereign wealth funds. We are full life cycle investors in our portfolio companies, as we work alongside entrepreneurs throughout their entrepreneurial journey. Some portfolio companies include Aetion, Aspen RxHealth, Bright Heath, Cayaba Care, Cohere Health, Eden Health, HealthVerity, Inbound Health, Iora Health, Oshi Health, Somatus and VisitPay. The company has developed the highly successful Flare Scholar program with over 250 participants and actively leverages its extensive network of industry, executive partners and industry advisory board for the benefit of the entrepreneurs and founders with whom it has the privilege of associating. Learn more about and follow the company on Twitter @flarecapital

Media Contact:

33 Communications from the vineyard

Kim Pegnato

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Source: Flare Capital Partners

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