National healthcare provider Carbon Health is acquiring remote patient monitoring (RPM) company Alertive Healthcare in a move to offer extended home-based and remote care services, according to a Tuesday (Oct. 5) press release. Terms of the deal were not disclosed.
The tie-up is intended to help Carbon Health grow its omnichannel care delivery strategy and tap the many RPM tools Alertive has that give providers ways to better manage patients across numerous areas of specialty, including primary care, cardiology, neurology and nephrology, the release stated.
Alertive’s platform streamlines documentation and reduces treatment time for chronic ailments by recording patients’ physiological data and automatically alerting providers when something is off. Physicians who have patients with high blood pressure, for example, are alerted if blood pressure goes up. The Alertive platform can then automate medication management to prevent heart attacks and strokes, according to the release.
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“Carbon Health has already seen the power of RPM tools throughout the COVID pandemic in enabling better care for patients remotely with blood pressure cuffs, glucometers and scales,” said Carbon Health Chief Strategy Officer and President of Home-Based Care Myoung Cha in the release.
Cha said that the success so far shows that it makes sense to invest in “hardware as a key pillar of our omnichannel care model” and pointed to home-based care as being vital to ensure the accessibility of healthcare for all, per the release.
“Combined with our recent acquisition of Steady Health for diabetes care, Alertive Healthcare now allows us to expand our existing RPM offerings to multiple chronic diseases affecting the heart, brain, lungs and kidney,” Cha added in the release.
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The combined entity will bring about an expansion of home-based care capabilities with the help of connected devices, wearables and other sensors that will then share patients’ vitals with healthcare providers. These new services will be part of in-person follow-ups and phone calls by Carbon Health providers, the release stated.
“As a stroke neurologist, I observed early on in my career that video consultations can only do so much and that there needed to be infrastructure to monitor patients beyond hospital settings,” Alertive Healthcare CEO and Founder Nirav H. Shah said in the release. “The pandemic made this even more obvious.”