Synapticure, a telemedicine firm centered on folks and caregivers dwelling with neurodegenerative illnesses, introduced it’s partnering with Pearl Well being, a know-how firm centered on doctor enablement in value-based care, to offer personalised assist to Medicare sufferers with dementia.
The collaboration goals to profit dementia sufferers and their households by the CMS GUIDE (Guiding an Improved Dementia Expertise) program.
Launched in July, the CMS GUIDE program supplies on-line visits with Synapticure neurologists and nearly 80 hours of respite care companies from expert suppliers to alleviate caregivers.
Beneath the partnership, Pearl Well being major care suppliers throughout the nation will be capable to refer Medicare sufferers to Synapticure as part of a proactive, value-based method technique.
“Synapticure’s partnership with Pearl Well being by the GUIDE program democratizes entry to high-quality dementia care, together with specialised neurologists, behavioral well being, and complete caregiver assist inside every week of session,” Sandra Abrevaya, caregiver and CEO of Synapticare, stated in a press release. “This method ensures sufferers obtain top-quality care from house.”
Dr. Cameron Berg, government vice chairman of scientific technique at Pearl Well being, defined that the partnership with Snapticure additional helps the corporate’s major care suppliers in delivering the correct care on the proper time.
“The organizations share a dedication to bettering high quality of life in addition to the very best requirements of scientific, technical, and operational aptitude,” stated Berg.
THE LARGER TREND
Chicago-based Synapticure launched in 2022 with $6 million in seed funding in a spherical led by Google Ventures (GV).
In April, Synapticure partnered with the ALS Affiliation to supply Synapticure’s telehealth platform as a complement to in-person care at ALS Licensed Therapy Facilities of Excellence and Acknowledged Therapy Facilities.
In 2023, Pearl Well being partnered with Walgreens to broaden value-based care choices in collaboration with major care suppliers. As well as, Pearl raised $55 million in Collection B funding and anticipated receiving a $20 million line of credit score exterior of the fairness elevate.
Andreessen Horowitz and Viking World Buyers led the 2023 spherical simply two years after the corporate secured $18 million in Collection A funding.
Pearl has introduced quite a few partnerships this yr, together with a collaboration with WellCare, the Medicare model of Centene Company, to enhance value-based care alongside major care physicians.
It additionally introduced a strategic partnership with PraxisCare and Adaugeo Healthcare Options to offer entry to value-based care companies for sufferers throughout a number of Medicare Accountable Care Organizations (ACOs), and MDX Hawai’i, a big doctor community in Hawaii.
