Carbon Health Acquires Remote Patient Monitoring Company Alertive Healthcare to Expand Omnichannel Care Delivery
New home-based care technologies offer key vitals for providers and more accessible healthcare for patients
SAN FRANCISCO--(BUSINESS WIRE)--Carbon Health, a leading national healthcare provider, today announced the acquisition of Alertive Healthcare, an industry-leading remote patient monitoring (RPM) company. This acquisition accelerates Carbon Health’s omnichannel care delivery strategy, extends its home-based care capabilities, and expands its remote patient care offerings.
Alertive Healthcare offers a robust platform of RPM tools for providers to manage patients proactively across a range of specialties spanning primary care, cardiology, neurology, and nephrology. Alertive’s platform records physiological data from patients and sends intelligent alerts to providers to streamline documentation and decrease treatment time for critical chronic conditions. Providers who have enrolled high-risk patients in Alertive Healthcare’s platform have seen significant reduction in systolic blood pressure associated with decreased heart attack and stroke risk. By letting the patient and doctor know when the patient’s blood pressure is rising, Alertive automates medication management to prevent heart attack and strokes before they occur.
By acquiring Alertive Healthcare, Carbon Health is extending the company’s impact on its patient’s lives beyond physical clinics. Over the next several months, Alertive Healthcare’s platform and services will be integrated into Carbon Health’s omnichannel care model, extending its home-based care capabilities with connected devices, wearables and other sensors to share patient’s vitals with their Carbon Health provider. In addition to in-person follow ups and phone calls, Carbon Health providers will have real-time visibility into patients' vitals allowing them to alert and monitor patients at home.
Carbon Health will also continue to partner with Alertive Healthcare’s provider customers to serve a broader range of patients for post-acute care and chronic condition management. With early detection of deterioration that can flag potential issues and more active monitoring and management, Carbon Health will be able to collaborate closely with other health systems, specialists, and payors to coordinate care through the Alertive platform and reduce costs.
“Carbon Health has already seen the power of RPM tools throughout the COVID pandemic in enabling better care for patients remotely with blood pressure cuffs, glucometers, and scales.” said Myoung Cha, Chief Strategy Officer and President of Home-Based Care at Carbon Health. “Based on this early success, we believe that delivering great care in the home is critical to providing accessible healthcare for everyone, which is why we are making investments in hardware as a key pillar of our omnichannel care model. Combined with our recent acquisition of Steady Health for diabetes care, Alertive Healthcare now allows us to expand our existing RPM offerings to multiple chronic diseases affecting the heart, brain, lungs and kidney.”
“As a stroke neurologist, I observed early on in my career that video consultations can only do so much and that there needed to be infrastructure to monitor patients beyond hospital settings. The pandemic made this even more obvious,” said Nirav H. Shah M.D., CEO and Founder of Alertive Healthcare. “As two companies focused on closing access gaps to healthcare, Carbon Health and Alertive Healthcare are a great match. By joining the Carbon Health team, we will be able to reach more patients, provide real telemetry, and deliver care beyond video in a way that’s truly scalable.”
Through its unique omnichannel care model, Carbon Health is designed to meet patients where they are by delivering care via a variety of access points, including in-person clinics, home-based care, and easy-to-use consumer health tools. The combination of these offerings go beyond one-off appointments, spanning the entire spectrum of primary care, including for chronic and acute conditions. With Carbon Health’s proprietary electronic medical record (EMR) combined with the addition of powerful new RPM tools to monitor chronic diseases, Carbon Health is expanding how its providers analyze meaningful data and make better informed decisions for patients' long-term care.
About Carbon Health
Carbon Health is a leading national healthcare provider with a mission to bring high-quality healthcare to everyone. Carbon Health provides primary and urgent care that is accessible to nearly two-thirds of the U.S. Leveraging its unique technology platform, Carbon Health provides its patients with omnichannel care, designed to meet patients where they are by delivering care via a variety of access points, including in-person clinics, home-based care, hardware, on-site employer-based care, and virtually via the Carbon Health app. Carbon Health also provides value-based care to enterprise partners across a broad range of industries, including academia, sports, entertainment, biotechnology, and travel.
Founded in 2015, Carbon Health is headquartered in San Francisco and backed by Atreides, Blackstone Horizon, Dragoneer Investment Group, Brookfield Technology Partners (BTP), Fifth Wall, Lux Capital, Silver Lake Waterman, DCVC, and Builders VC. To access Carbon Health, download the app (iTunes or Google Play) or visit carbonhealth.com.