As cardiac care becomes increasingly fragmented and difficult to access, the combination of Heartbeat's decentralized cardiovascular care with Karoo's value-based care model and proprietary technology creates a unique solution that enables unprecedented access, speed, information and reach.
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 delivery with published value-based outcomes, today announced the formation of a proprietary Value-Based Enterprise (VBE), creating the first nationwide, scalable, end-to-end cardiac value-based care (VBC) solution for payers, at-risk entities and provider networks.
The first of its kind, the VBE combines Karoo's VBC-enabled AI-powered technology and comprehensive care model with Heartbeat's leading virtual cardiac clinical services to expand access, improve outcomes and reduce the cost of care for cardiovascular disease (CVD) patients and the organizations who care for them in every region of the country.
Heartbeat Health provides on-demand cardiovascular care 24/7, leveraging our clinicians (licensed and certified in all 50 states), diagnostic testing, and telehealth capabilities. Karoo Health has a dedicated comprehensive care team and Kohere.ai, a proprietary technology platform that enables real-time patient communication, clinical information sharing, data integration and analysis, and provides actionable insights to partners. to help you transition to and succeed in a cardiac VBC regime.
“We are 'thrilled' to announce the creation of this value-based enterprise with Karoo and the introduction of the first truly nationwide, end-to-end cardiac VBC solution,” said Dr. Jeffrey Wessler, CEO and founder of Heartbeat Health. “By blending our highly distributed cardiovascular care with effective VBC technologies and practices, this partnership will positively impact patient outcomes, ultimately reducing healthcare costs and significantly improving outcomes of care and access for patients in need.”
“Karoo's care model and proprietary enabling technology, combined with HeartBeat's virtual clinical capabilities, support timely interventions and improved access to care, empowering our value-based enterprise to manage cardiac risk for people across the country,” said Karoo Health CEO and co-founder Ian Coons. “The unique synergies between our two companies will enable us to secure and successfully execute cardiac VBC agreements across the full range of CVD patients, at-risk provider networks and payers.”
In a recent proof of concept that Karoo conducted with participating providers, 86% of eligible patients converted to Karoo Health's care model, 98% of enrolled patients demonstrated digital engagement, and 29% of patients experienced at least one It was found that unnecessary emergency department visits were avoided. An emergency room visit for a patient with serious heart disease can cost him more than $8,000, but is often completely unnecessary or preventable.
About Karoo Health
Karoo Health employs a unique combination of specialized care teams and proprietary technology based on value-based principles to seamlessly deliver value-based care to cardiac networks, payers, and at-risk organizations. enable you to move, succeed, and excel. There is a great need for outcomes-driven initiatives in the cardiac field today. For more information, visit the company at www.karoohealth.com or connect with us on LinkedIn.
About Heartbeat Health
Heartbeat Health is a decentralized cardiovascular care company pioneering a new approach to cardiac care. Led 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 diagnostics, video visits and virtual care programs. Improving cardiovascular access, quality and outcomes, Heartbeat helps provider groups and at-risk organizations identify, monitor and fill gaps in care for member populations at elevated CVD risk. Heartbeat's decentralized services are available in every state in the U.S. for all cardiac conditions and all severity levels.
Virtual-first cardiology has arrived. Learn more at heartbeathealth.com.
Source: Karoo Health