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Frist launches new long-term health care tech company

Added 01-13-20 06:22:01pm EST - “Former U.S. Senate Majority Leader Bill Frist is launching a new long-term health care technology company backed by more than $40 million in funding, including from the venture capital arm of Google's parent company.” - Washingtontimes.com

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Posted By TheNewsCommenter: From Washingtontimes.com: “Frist launches new long-term health care tech company”. Below is an excerpt from the article.

NASHVILLE, Tenn. (AP) - Former U.S. Senate Majority Leader Bill Frist is launching a new long-term health care technology company backed by more than $40 million in funding, including from the venture capital arm of Google’s parent company.

A news release Monday says CareBridge will offer a range of services, including electronic visit verification and real-time sharing of detailed clinical information among patients, caregivers, health plans and state officials.

It will also feature 24-7 support for patients at high risk of hospitalization and a predictive model for determining the amount of home and community-based services that patients living at home need.

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“Over half of the dual eligible individuals in the country receive long-term support services,” said Frist, the board chairman, said in the news release. “CareBridge offers a unique opportunity to significantly improve care for this vulnerable population, which is only going to grow as baby boomers continue to age.”

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