Integrated healthcare provider and insurer UPMC is teaming-up with Vivify Health as a customer of and investor in its mobile population health solutions to remotely care for patients. UPMC led the $17 million round which also included Laboratory Corporation of America Holdings (LabCorp) and Envision Healthcare Holdings. As part of the deal, Brenton Burns, Executive Vice President of UPMC Enterprises, will join the Vivify Health board of directors.
Founded in 2009, Vivify Health's solution is in use by more than 500 hospitals and payers to efficiently manage, monitor and engage patient populations of all sizes and risk levels.
"As we deliver care under an increasingly risk-based reimbursement model, we are excited to become a customer, development partner and investor in Vivify's scalable population health management technology," Tal Heppenstall, President of UPMC Enterprises, the commercialization arm of UPMC which led the Vivify investment, said in a statement. "Backing this kind of innovation to solve critical healthcare problems is at the heart of our mission at UPMC Enterprises."
Vivify's integration with ZeOmega enables healthcare organizations to manage chronic care across multiple populations.Vivify Health solutions enable insurance and provider organizations to conduct virtual care visits, communicate with patients and members, and remotely monitor any patient population, such as those with chronic illnesses. The solution is tailored to patients of all levels of technology expertise, from an "instant-on" health kit for consumers with limited or no technology experience, to bring-your-own-device (BYOD) scenarios for those who prefer to use their own smartphones and tablets. Vivify claims it has helped reduce readmissions by 65 percent, improve return on investment by 144 percent, and achieve patient compliance and satisfaction rates well over 95 percent.
The company's other investors include over 700 hospitals represented by Heritage Group and Ascension Ventures, followed by LabCorp and Envision Health.
In the other news, Vivify Health has partnered with ZeOmega to integrated their Jiva Population Health Management platform. As a result, healthcare organizations are able to use Jiva and Vivify solutions not only to better engage patients during the post-acute recovery period, but also to manage chronic care across multiple populations, including the frail and elderly, and populations with complex co-morbidities.
Jiva's solution, deployed by both payers and providers, currently serves approximately 10 percent of the U.S. insured population. The bi-directional integration will enable healthcare organizations to obtain patient information, including biometric information collected via Vivify's solutions and deliver care plans and activities from Jiva to the patient.
"Healthcare organizations are quickly realizing that as with other areas of population health, flexibility is key to building a successful patient engagement program," Nandini Rangaswamy, executive vice president and chief strategy officer for ZeOmega, said in a statement. "Vivify's flexible platform and its ability to support multiple engagement models aligns with our vision for population health management and the needs of our clients."