SynapticurePearl Health, a telehealth company serving people with neurodegenerative diseases and their caregivers, announced a partnership with Pearl Health, a technology company focused on empowering physicians in value-based care, to provide personalized support to Medicare patients with dementia.
This collaboration aims to provide benefits to people with dementia and their families through the CMS GUIDE.Guide to an improved dementia experience) program.
The CMS GUIDE program, launched in July, eases the burden on caregivers by providing online visits with Synapticure neurologists and approximately 80 hours of respite care services from experienced providers.
Under this partnership, Pearl Health primary care providers across the country will be able to refer Medicare patients to Synapticure as part of a proactive, value-based access strategy.
“Our partnership with Synapticure and Pearl Health through the GUIDE program democratizes access to high-quality dementia care within a week of consultation, including expert neurologists, behavioral health, and comprehensive caregiver support,” Synapticure Caregiver and CEO Sandra Abrebaja said in a statement. “This approach ensures that patients can receive the highest quality care in their own homes.”
Dr. Cameron Berg, Vice President of Clinical Strategy at Pearl Health, explained the partnership: Synapticure It also helps the company’s primary care providers provide the right treatment at the right time.
“These organizations share a commitment to improving the quality of life and maintaining the highest standards of clinical, technical and operational competence,” Berg said.
The bigger trend
Chicago-based Synapticure launched in 2022 with $6 million in seed funding in the following round: Google Ventures (GV).
In April Synapticure is partnering with the ALS Association to offer Synapticure’s telehealth platform as a complement to in-person care at ALS Certified Treatment Centers of Excellence and Accredited Treatment Centers.
In 2023, Pearl Health collaborated with: Walgreens partners with primary care providers to expand value-based care options. Pearl also raised $55 million in Series B funding and expects to receive a $20 million line of credit in addition to the equity financing.
Andreessen Horowitz and Viking Global Investors led the 2023 round, just two years after the company secured the funding. $18 million in Series A funding.
Pearl has announced a number of partnerships this year, including collaborations with: WellCare, Centene’s Medicare brand, was founded to improve value-based care with primary care physicians.
We also announced a strategic partnership with PraxisCare and Adaugeo Healthcare Solutions to provide value-based care to patients across several Medicare accountable care organizations (ACOs) and MDX Hawai’i, a large physician network in Hawaii.
