Synapticurea telemedicine firm targeted on folks and caregivers residing 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 customized assist to Medicare sufferers with dementia.
The collaboration goals to profit dementia sufferers and their households by means of the CMS GUIDE (Guiding an Improved Dementia Expertise) program.
Launched in July, the CMS GUIDE program offers on-line visits with Synapticure neurologists and nearly 80 hours of respite care companies from expert suppliers to alleviate caregivers.
Below the partnership, Pearl Well being major care suppliers throughout the nation will have the ability to refer Medicare sufferers to Synapticure as part of a proactive, value-based strategy technique.
“Synapticure’s partnership with Pearl Well being by means of 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, mentioned in an announcement. “This strategy ensures sufferers obtain top-quality care from residence.”
Dr. Cameron Berg, government vice chairman of medical technique at Pearl Well being, defined that the partnership with Snapticure additional helps the corporate’s major care suppliers in delivering the precise care on the proper time.
“The organizations share a dedication to enhancing high quality of life in addition to the best requirements of medical, technical, and operational aptitude,” mentioned 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 Remedy Facilities of Excellence and Acknowledged Remedy Facilities.
In 2023, Pearl Well being partnered with Walgreens to develop value-based care choices in collaboration with major care suppliers. As well as, Pearl raised $55 million in Sequence B funding and anticipated receiving a $20 million line of credit score outdoors of the fairness elevate.
Andreessen Horowitz and Viking World Traders led the 2023 spherical simply two years after the corporate secured $18 million in Sequence A funding.
Pearl has introduced quite a few partnerships this 12 months, 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.
