San Francisco-based Moving Analytics, a company focused on digital solutions for patient rehab programs has raised $1.1 million in funding, led by Launchpad Digital Health and including HealthX Ventures. The startup plans to utilize the funding to expand its home-based cardiac rehab solution and further develop home-based COPD product to complement their existing offerings.
Rehabilitation programs are time consuming and often inconvenient for patients. To solve this, Moving Analytics helps cardiac centers implement remote cardiac rehab programs delivered through patients’ mobile devices. The company’s core product seeks to increase enrollment to cardiac rehab, a program proven to reduce mortality and readmissions for cardiac patients but is severly underutilized due to geographical and financial constraints.
Moving Analytics’ product is based on MULTIFIT, an evidence-based cardiac rehab program and chronic care management system developed by world-renowned researchers at Stanford University. The paper-based program has been used on over 70,000 patients and is widely considered the best-in-class program for post-acute heart care. Based on over 20 years of research in home-based cardiac rehab, the platform has been shown to produce similar clinical outcomes &adverse event rates as traditional rehab. In addition, up to 5x more patients participate and 90% of them complete the program.
How It Works
After a patient has a cardiac event and is discharged, a provider uses the Moving Analytics software to generate a care plan for the patient and send this plan to his or her mobile phone. Typical aspects of the care plan include exercise management, medication reminders, tracking vital signs, education and counseling. At home, the app guides the patient through a series of supervised exercises, delivers educational content and provides an easy to use interface to track vital signs and chat with his or her provider. The provider can use the web-portal to track patient progress, manage patient timelines, provide counseling and modify care plans.
The company is currently working with 10 leading hospitals across the United States including Langone Medical Center and Keck School of Medicine.and is currently in San Francisco participating in the extensive one-year Launchpad Digital Health accelerator program.
“A total of 2.5 million patients in the U.S. don’t receive adequate follow-up care after discharge from heart attacks or surgeries because of high cost and long distances to the hospital,” said Moving Analytics CEO and Founder Harshvardhan Vathsangam. “Our mission is to help hospitals provide rehab to all eligible patients and by doing so, help them earn additional revenue and bring down readmission costs.”