iGetBetter, a Sudbury, Massachusetts-based company that aims to reduce hospital readmissions through remote patient monitoring and post-discharge patient engagement, has raised $1.1 million from undisclosed private investors.
The investors were a mix of private angels and members of the company's management team according to the company. This brings the company's total investment to $2.6 million.
iGetBetter's platform allows physicians to create a discharge care plan which the patient can then access on a mobile device or online. The system checks in with the patient via the app or by phone. Depending on the doctor's plan, patients can either answer questions on a digital form or collect biometric data via wearables and send it to the physician. The system uses Validic to connect with Withings and iHealth devices for remote patient monitoring.
“We are helping healthcare providers such as hospitals, Accountable Care Organizations (ACOs) and physician practice groups reduce costs by engaging patients in their own care plans using mobile devices and consumer biometric devices," iGetBetter CEO Win Burke said in a statement. "This enables clinicians to monitor patients’ biometric data as well as patients’ self-reported data, allowing clinicians to intervene when necessary to avoid unnecessary hospital readmissions and physician office visits.”
According to the company, a number of pilots of the technology are underway or completed, and the funding will be used to convert successful pilots to commercial operations. Pilots with six health systems are already completed, two of which have signed on as customers. Several more pilots are set to begin shortly, for diseases including congestive heart failure, total knee and hip replacements, hypertrophic cardiomyopathy, hypertension, diabetes and depression.
"We are very pleased with our first year of pilots with healthcare providers, and are gratified that these initial pilots are converting to commercial deployments of the iGetBetter system," Burke said. "We look forward to completing these initial pilots, and preparing for a phase of growth in 2015 and 2016."
One pilot for congestive heart failure was completed at the Partners Center for Connected Health in 2013. Another, with the UC Irvine Medical Center, is currently in progress, but Dr. Ran Schwarzkopf, an orthopedic surgeon at UC Irvine Medical Center, reported positive early results in a statement issued via iGetBetter.
“We initiated the iGetBetter pilot in October 2014, to explore how using mobile devices daily for patient engagement, communication of their care plan and monitoring of their adherence to their care plan and their progress might help improve the outcomes for total knee replacement patients," he said. “Early results are encouraging with increased levels of patient satisfaction, engagement and adherence, and we are looking forward to extending the pilot to hip replacement patients.”