The Journal of mHealth Vol 3 Issue 2 (Apr/May 2016) | Page 16

Industry News Industry News Continued from page 13 While, Life365 provides a Connected Care and Engagement platform (LCCE), Aventyn offers a more comprehensive clinical evidenced Chronic Care Management solution (CCM). Both companies understand the need to acquire the largest amount of actionable health data from the greatest patient population at the lowest cost possible - in order to enable services, increase adherence, reduce hospitalisation, and improve health outcomes. Kent Dicks, CEO and Founder of Life365™, says, "Over many years of providing cost effective Remote Health Monitoring solutions, we have inarguably seen that you cannot use the same broad brush of technology and services for all patients. Traditional players in telehealth, tended to concentrate more on technology and less on the business model and aligning the right technology with the right people to make the whole solution work. Static technology, heavier devices and reliance on expensive nurse resource time made the model too costly and cumbersome to practically deploy across a broad population of patients. As the landscape shifted to mobile health solutions, a high degree of efficacy has been demonstrated but scalability was still lacking. A number of stakeholder factors are aligning that will demand change and dramatically increase demand for remote monitoring in a very short time frame." Advances in sensor technology and miniaturisation makes the ubiquity of lighter wearable tech inevitable. A number of reimbursement policies and requirements are coming into play that require scalable solutions to acquire increasing amounts of meaningful health data, including Accountable Care Organizations' shift from "Fixed Pay" to "Pay for Performance" financial models, new reimbursement policies for remote monitoring from CMS and data requirements for Meaningful Use - which stipulates that 15% of health data supplied to Electronic Medical records must be "Patient Generated". Dicks continues, "The RAIN platform addresses the needs of entities that are financially responsible for a patient population - like Payers, Providers, 3rd Party Solution / Service Providers, Large Self Insured Employers, ACOs and Home Healthcare. Our objective is to give these organisations a host of tools to engage the 20% of patients that consume 80% of healthcare dollars. This group needs to be engaged on their terms, with solutions that fit easily into their life. "Lite" services and "nudges" will work very well for a portion of these people. A simple IVR call or text message to a family caregiver might help one user keep adherent to their prescribed therapy. One patient may need to track biometrics that can be collected through wearable technology like skin temperature, hydration, or heart rate, while another patient needs weight and blood pressure using off the shelf devices. That is what RAIN does, aligning hardware, software, services to intelligently engage the users as "lightly" as possible. We have a perfect complimentary partner in Aventyn when a clinically evidenced touch is needed." Aventyn's standards-based solutions enable electronic health information sharing and connect medical devices and assets to significantly improve healthcare resource management. The company uses connected modular solutions to enable secure, seamless sharing of interoperable clinical information incorporating a patient-centered model to help improve patient outcomes, reduce hospital visits and reduce costs. Navin Govind, Founder and CEO of Aventyn®, says, "At Aventyn, we have consistently built a number of strong relationships with global health systems who need to have a comprehensive Clinical solution in order to help increase the quality of care for their more costly users of healthcare and keep chronic patients out of the hospital - which in turn, reduces costs and improves patient outcomes. Our customers are Healthcare Providers, Payors, Medical Device Manufacturers, Wireless Service Providers and Pharma-Life Science Companies - who all have similar objectives but obviously unique needs and processes. They are all asking for a comprehensive solution that provides a range of tools, hardware, software and services from very light solutions and engagement analytic