The Right Place raises $2M for mobile care coordination, patient placement tool

By Aditi Pai
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The Right Place Bed BoardThe Right Place has raised $2 million from undisclosed angel investors for a mobile-enabled offering that helps skilled nursing facilities (SNF) with care coordination and patient placement.

“Discharging patients from the hospital to a post-acute care facility is a cumbersome and sometimes biased process that is fraught with challenges,” The Right Place Chief Medical Officer and Cofounder Dr. Alan Abrams said in a statement. “Among Medicare patients, almost 24 percent who are discharged from hospitals are readmitted within 30 days. Our mission is to provide a simpler more effective way for hospitals and skilled nursing facilities to more effectively match the right patient with the right facility to improve both the quality of care for patients and the financial well-being of healthcare systems.” 

The company, which has offices in Houston, Texas and Boston, created an iPad app, called BedBoard, that allows SNF admissions teams to view facility occupancy, create and edit referrals, as well as accept and assign referrals to beds. The company also developed an iPhone app, called Case Messenger, that allows clinicians to create and share all patient data with skilled nursing facilities. This data includes Medicare eligibility details for each patient referral.

The offering costs $299 per month, per facility and it includes analytics features that allow users to see trend data including occupancy, referral volume, current mix of payer source with patients in facility, average length of stay, gender mix, and case mix by clinical attribute.

The Right Place has beta tested their offering in the Boston-area for the last year.

Two other care coordination-focused companies that raised funds recently include Wesley Chapel, Florida-based CareSync, which raised $18 million, and New York-based Cureatr, which raised $13 million.