INMED has inked a partnership with Northern Manhattan care facilities to integrate and operate its AI-based for Remote Patient Management across all ten of Northern Manhattan’s care facilities in the US. The transaction is valued at around $25 million.
The pilot resulted in a substantial reduction in acute patient readmission rates, avoiding hospital infections, an unpleasant and new hospital environment, and patient family disturbance due to hospitalization bedside care. Readmission rates were reduced by 92%, resulting in an estimated yearly savings of $200K per nursing home institution.
Additionally, the pilot showed the benefits of enhancing acute patient care at the bedside through the utilization of assessment equipment and the opportunity to do billable tests in-house. By providing medical teams with 24-hour access to patients through video, chat, and phone, they can deliver prompt medical treatment to both acute and unmonitored patients, significantly enhancing care at all levels of medicine.
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INMED is an Israeli fast-growing B2B startup that offers an end-to-end digital health platform that includes a unique mix of software, hardware, and human solutions, including an electronic medical record (EMR), an application, continuous monitoring, 24/7 remote examination technologies, dynamic bots, and a 24/7 call center staffed by nurses, physicians, and social workers.
The Service is linked with major worldwide partners enabling health providers to deliver superior medical care at the lowest possible cost and without regard for regional limits.
INMED is paving the way for the future of digital medical services without sacrificing human connection or health quality.
“We are proud to bring our unique and advanced digital medical solutions to New York. The system we have developed is unique in that, unlike other digital medical platforms on the market today,” said INMED Founder and CEO, Dr. David Morel.
Norman Rausman, CEO of Northern Manhattan care facilities says: “Our staff was very impressed with the pilot we ran jointly, pointing out the professional standards, the care level, and ultimately, the excellent results that prevented many hospitalizations”.