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Geneia Partners with Covidien to Enter $21B Remote Patient Monitoring Market

by Jasmine Pennic 09/04/2014 Leave a Comment

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Geneia today announced a multi-year, strategic partnership with Covidien to help improve the health of and reduce the costs for chronically ill patients.  The partnership  with Covidien has agreed to provide Geneia with rights to sell its ZephyrLIFE remote patient monitoring solutions in designated markets to monitor patients with heart disease, diabetes, and other chronic illnesses in the home setting.  

Geneia’s @home product combines Covidien’s ZephyrLIFE remote monitoring technology with Geneia’s clinical care expertise to better manage chronic and acute conditions.  Patients use the @home remote monitoring device to record their vital signs on a daily basis, including weight, pulse, blood pressure, blood oxygen level, and blood glucose.  Geneia merges this patient data with administrative and clinical data sets to provide an early warning about patients at risk and trigger the deployment of early intervention strategies such as telephonic support and home visits by clinicians.  As a result, @home is able to: 

  • Reduce hospital admissions/readmissions, observation bed days, and emergency department visits,
  • Ensure appropriate medication usage,
  • Improve adherence to recommended preventive care, 
  • Improve coordination of care between the patient and their physician(s); and 
  • Enable and engage patients and the people in their support system to participate in managing their health and well-being.

Geneia also announced that Capital BlueCross, a $3 billion health plan with over 700,000 members, is the first of the Blue plans to pilot @home to monitor patients with congestive heart failure.  “At Capital BlueCross, our members afflicted with congestive heart failure are among the sickest and costliest members we have. We’re confident that @home will improve the health outcomes and reduce hospital readmissions for these members,” said Dr. Jennifer Chambers, Senior Vice President and Chief Medical Officer of Capital BlueCross. 

This service is now available to other Blue plans and insurance carriers across the country as a value-add service to chronically ill patients.

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