Cypress HomeCare receives greater than $400,000 in grant funding for innovation inside Medicaid
Cypress HomeCare Options has acquired the Arizona Healthcare Value Containment System (AHCCCS) American Rescue Plan (ARP) program award.
The corporate acquired the award as a part of its partnership with Nevvon and PocketRN. Collectively, the businesses acquired $419,210.06. The funding will assist these corporations advance value-based care among the many Medicaid inhabitants.
“This can be a demonstration grant,” Bob Roth, co-founder and managing companion of Cypress, informed Residence Well being Care Information. “They wish to convey innovation to the Medicaid sector. One of many issues I've discovered over time is that you simply want collaboration to create innovation. I knew I couldn't do that alone, and I knew I wanted companions to make this occur.”
Based in 1994, Cypress is a house care firm providing private care, dementia applications and extra.
New York Metropolis-based Nevvon is a expertise platform for house care coaching and certification.
In the meantime, PocketRN is a California-based digital healthcare startup that enables sufferers, households, and caregivers to video chat with nurses from their houses.
Roth famous {that a} key aim for Cypress, PocketRN and Nevvon is conserving seniors of their houses and lowering prices.
By way of partnership, Nevvon has been working to tailor coaching content material to the wants of the Medicaid inhabitants.
“Our dedication is to lift the usual of care via higher healthcare supplier coaching, which is the cornerstone of efficient and compassionate care supply,” mentioned James Cohen, CEO of Nevvon, in a press assertion. “Our focus will not be solely on delivering higher coaching, but additionally on making certain that these efforts translate into higher look after members. The affect of this collaboration shall be measured by our collective skill to enhance healthcare outcomes and value effectivity, demonstrating the tangible advantages of our mixed experience in value-based care.”
PocketRN will make medical contributions to the partnership.
“We’re non-medical,” Roth mentioned. “We actually can't get any medical data, so we've clearly partnered with PocketRN.”
PocketRN CEO Jenna Morgenstern-Gaines believes this partnership will enable the corporate to extend entry to care.
“This partnership permits us to develop our revolutionary house care mannequin, serving to much more folks obtain compassionate and customized well being care,” she mentioned within the launch. “Collectively we’re not solely remodeling healthcare; we enhance lives and construct a more healthy future for our communities.”