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2015 August 14
Company Description
KangarooHealth reinvents home care management for the 21st century using computer vision and big data analytics.
KangarooHealth develops a white-labeled AI-powered care management software solution to help healthcare organizations reduce readmission and care costs, while improving patient outcomes and satisfaction. The solution is delivered via the patient's mobile phones coupled with smart home motion tracking sensors. The patient gets a customized home treatment plan with automatic AI-powered feedback, while the care provider gets real-time analytics and insights to enable early interventions for at-risk patients. The target market segments include orthopedic physician groups, healthcare systems, home health agencies, physical therapy clinic chains, and pain management clinics. The new CMS rules of value-based care are cutting medical payments for joint replacement surgeries while penalizing hospitals for high readmission rates. Hospitals are pressured to send patients home ASAP after surgery. However, they have no visibility or control over post-surgery care, leading to increased readmission costs and decreased margins. KangarooHealth is uniquely focusing on this segment of market for the next 5 years with an addressable market of $12.33 billion, among a large $176 billion outpatient care management market. KangarooHealth has launched its first MVP with two paying providers along with 3rd-party validated clinical study results demonstrating significant patient outcome improvement. KangarooHealth was rated as the top start-up in 2015 by Founder Institute, and a portfolio start-up in Stanford StartX, Johnson & Johnson Accelerator, and Village Capital Accelerator.
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Manufacturer:
Data and Analytics -
Formed:
August 14, 2015 -
Company Website:
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Company E-mail:
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Company Address:
Palo Alto, CAUnited States -
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