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Menu Search * Home * Investing & Startups * AI * Digital Health * INVEST Events * Knowledge Hub * MedCitizens * Video * About Us * Advertising * Contact us * Send Tips * Advertising * About * Twitter * Facebook * RSS * Subscribe via email X Close Signup Modal MEDCITY >> INBOX Get the latest industry news first when you subscribe to our daily newsletter. We will never sell or share your information without your consent. See our privacy policy. * Send Tips * Advertising * About * Twitter * Facebook * RSS * Subscribe via email MEDCITY NEWS WHY VALUE-BASED ADMINISTRATION IS KEY TO VALUE-BASED CARE GINGER CEO: ‘IT FELT LIKE THE RIGHT TIME’ FOR HEADSPACE MERGER SOFTBANK BACKS MENTAL HEALTH APP CEREBRAL, GIVING IT $4.8B VALUATION BIONTECH CEO: OMICRON IS PARTIAL ESCAPE VARIANT, BUT BOOSTER MAY RESTORE PROTECTION ALZHEIMER’S DISEASE SHOULD BE APPROACHED AS WHITE MATTER DISEASE, NOT GRAY HOW TECH CAN COMBAT COVID-19 IN MARGINALIZED COMMUNITIES THE CAMBRIAN EXPLOSION DRIVING DIGITAL HEALTH AND DIGITAL TRANSFORMATION 21ST CENTURY CURES: WHAT ONC AND CMS FINAL RULES MEAN FOR YOUR AMBULATORY CARE PRACTICE FDA CLEARS DIGITAL THERAPEUTIC FOR ABDOMINAL PAIN FROM IBS CANCER & IMMUNOLOGY BIOTECH ODYSSEY EMBARKS WITH $218M, GARY GLICK AT HELM THE QUEST TO RESTORE CONFIDENCE IN DRUG DEVELOPMENT SUPPLY CHAINS CVS STRIKES PARTNERSHIP WITH MICROSOFT AS IT ROLLS OUT NEW DIGITAL STRATEGY WHY ONE HOSPITAL DECIDED TO BUILD ITS OWN EHR LIBERATING REAL-WORLD DATA FOR USE IN CLINICAL TRIALS TELEHEALTH VISITS INCREASED 63-FOLD FOR MEDICARE PATIENTS, ACCORDING TO HHS STUDY * Investing & Startups * AI * Video * Digital Health * Podcast * MCN INVEST Events * INVEST * INVEST PharmaTech * INVEST Digital Health * INVEST Population Health * Research * MedCitizens Health IT, Hospitals, Startups CADENCE LAUNCHES WITH $41M, STRIKES PARTNERSHIP WITH LIFEPOINT HEALTH THE COMPANY OFFERS A REMOTE PATIENT MONITORING PLATFORM THAT ENABLES CLINICIANS TO NOT ONLY MONITOR PATIENTS AT HOME BUT ALSO PROVIDE PERSONALIZED FEEDBACK VIA TEXTS AND VIDEO VISITS. THE PLATFORM WILL BE DEPLOYED AT LIFEPOINT HEALTH FACILITIES AND USED TO DELIVER REMOTE CARE TO MORE THAN 100,000 PATIENTS. By Anuja Vaidya Post a comment / Aug 5, 2021 at 11:05 AM 1Shares Cadence, a provider of remote patient monitoring and virtual care services, has come out of stealth mode with $41 million in funding from rounds led by General Catalyst and Thrive Capital. The New York City-based company has also forged a partnership with Brentwood, Tennessee-based LifePoint Health. More than half (52%) of U.S. adults have at least one chronic condition, like arthritis or diabetes, according to data from the Centers for Disease Prevention and Control. Promoted TAKING A PERSONALIZED APPROACH TO CONNECTED CARE IN MEDICAL DEVICE This webinar will explore how a connected care solution can assist you in creating direct relationships with patients and providing them with a personalized experience that directly impacts their perceived reported outcome of the treatment. MedCity News and BioT “Managing these patients according to best guidelines is very difficult for health systems to do at scale,” said Chris Altchek, CEO and founder of Cadence, in an email. “Improving outcomes for chronic conditions requires good data, personalized approach and [a] responsive clinical team.” Cadence offers a remote care management platform that enables clinicians to monitor patient vitals remotely, provide personalized feedback via text message after each reading and conduct one-on-one telehealth visits when needed. The platform uses machine learning to continuously improve. For example, Cadence’s platform and clinical team can help increase adherence to guideline-directed medical therapy treatment for heart failure patients by enrolling, engaging and monitoring patients and adjusting medications as needed, Altchek said. The company provides the necessary equipment to collect patient vitals data. “Today, the management of chronic conditions is difficult for individuals to do alone and difficult for physicians to manage across thousands of patients,” Altchek said. “Nobody is set up for success, and our outcomes in the U.S. are terrible. We want to help large health systems fix this.” Promoted REIMAGINE HEALTHCARE: TRANSFORM HEALTHCARE IN THE CLOUD Learn how healthcare organizations are working with Microsoft to enhance patient engagement, accelerate healthcare innovation, support collaboration, improve clinical and operational insights and transform healthcare in the cloud. https://medcitynews.com/?p=556271&preview=true Cadence was founded late last year. It has completed a seed financing round led by Thrive Capital and a Series A round led by General Catalyst. Hemant Taneja, managing partner at General Catalyst and a co-founder of Livongo, and Kareem Zaki, general partner at Thrive and a co-founder of Cedar, have joined Cadence’s board of directors. The company will use its newly raised funds to build its team and support its partnership with LifePoint Health, Altchek said. Per the partnership, Cadence’s solution will be deployed to over 100,000 patients within the system. Initially, the organizations will focus on guideline-directed medical therapy treatment for heart failure. They are aiming to build the largest remote care platform for heart failure patients in the country, Altchek said. The market for remote patient monitoring is large and growing quickly, with a recent report estimating that market value will reach $15 billion by 2027, up from around $4 billion in 2018. Several players in the field are gaining funding, including BioIntelliSense, which recently raised $45 million for its remote patient monitoring device. Photo: Abscent84, Getty Images 1Shares TOPICS Cadence, funding, heart failure, launch, LifePoint Health, partnership, remote patient monitoring, virtual care HEAR THE LATEST INDUSTRY NEWS FIRST. SIGN UP FOR OUR DAILY NEWSLETTER. We will never sell or share your information without your consent. See our privacy policy. Promoted THE EMERGING GOLDEN ERA OF NEUROSCIENCE Bill Martin, the Global Therapeutic Area Head of Neuroscience at The Janssen Pharmaceutical Companies of Johnson & Johnson, shared some of the promising developments in the neuroscience space, such as the rise of neuro-immunology and the industry’s embrace of digital health tools to support drug development in a recent interview. Stephanie Baum GOT NEWS? SEND US A TIP MEDCITY >> INBOX Get the latest industry news first when you subscribe to our daily newsletter. We will never sell or share your information without your consent. See our privacy policy. Promoted HAVE CLOUDS OF UNCERTAINTY DISSIPATED? 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