With cardiac care becoming increasingly
cursory and difficult to access, the integration of Heartbeat's
decentralized cardiovascular care with Karoo's
value-based model of care and proprietary technology creates a
one-of-a-kind solution enabling unprecedented access, speed,
information and scope.
NEW
YORK and ALBUQUERQUE,
N.M., May 23, 2024 /PRNewswire/ -- Heartbeat
Health, the nation's largest decentralized cardiology
provider, and Karoo Health, the only operational provider of
cardiac value-based care enablement with published value-based
results, today announced the formation of a unique value-based
enterprise (VBE), creating the first national, scalable, end-to-end
cardiac value-based care (VBC) solution for payers, at-risk
entities, and provider networks.
The first-of-its-kind VBE combines Karoo's VBC-enabling
AI-powered technology and wraparound model of care with Heartbeat's
leading virtual cardiac clinical services to expand access, improve
outcomes, and lower cost of care for cardiovascular disease (CVD)
patients, and the entities responsible for their care, in any given
geography throughout the country.
Heartbeat Health leverages its clinicians (licensed and
credentialed in all 50 states), diagnostic testing, and telehealth
capabilities to deliver 24/7, on-demand cardiovascular care. Karoo
Health empowers the transition to, and success within, cardiac VBC
arrangements through use of its dedicated wraparound care teams and
Kohere.ai, its proprietary technology platform enabling real-time
patient communication, clinical information sharing, data
amalgamation and analysis, and the provision of actionable insights
to partners.
"We're 'pumped' to announce the creation of this value-based
enterprise with Karoo, launching the first truly nationwide,
end-to-end cardiac VBC solution," said Dr. Jeffrey Wessler, CEO and Founder of Heartbeat
Health. "This partnership will positively impact patient outcomes
by merging our advanced, decentralized cardiovascular
care with effective VBC technologies and practices, ultimately
reducing healthcare costs and vastly improving care outcomes and
accessibility for patients in need."
"Karoo's model of care and proprietary enabling technologies,
combined with Heartbeat's virtual-clinical capabilities, support
timely interventions and improved access to care, allowing our
value-based enterprise to manage cardiac risk for populations
throughout the nation," said Karoo Health CEO and Cofounder Ian
Koons. "The unique synergies between our two companies allow us to
secure, and succeed in, cardiac VBC contracts across the full range
of CVD patients, at-risk provider networks, and payers."
A recent proof of concept conducted by Karoo with participating
providers revealed that 86% of eligible patients are converted to
Karoo Health's model of care, with 98% digital engagement among
enrolled patients and 29% of patients diverted from at least one
unnecessary ED visit. ED visits for high-acuity cardiac patients
can cost $8,000 or more and are
frequently either completely unnecessary and/or preventable.
About Karoo Health
Employing an exclusive mix of
specialized care teams and proprietary technology, both grounded in
value-based principles, Karoo Health enables cardiology networks,
payers, and at-risk entities to seamlessly transition to, and
succeed in, value-based care, and excel in outcomes-driven
initiatives critically required today in the cardiac vertical. For
more information, visit the company
at www.karoohealth.com or connect with them
on LinkedIn.
About Heartbeat Health
Heartbeat Health is a
decentralized cardiovascular care company pioneering a
new approach to heart care. Powered by experienced clinicians, our
virtual-first model uses real-time clinical data and device
connectivity to deliver a range of clinical services, including
same-day diagnostic reads, televisits, and virtual care programs.
By improving the access, quality, and outcomes of cardiovascular
disease, Heartbeat helps provider groups and at-risk organizations
identify, monitor, and close gaps in care for their member
populations with rising CVD risk. Heartbeat's
decentralized services are available in every state in
the U.S., across every cardiac condition, and at every level of
severity.
Virtual-First Cardiology has arrived. Learn more at
heartbeathealth.com.
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SOURCE Karoo Health