ActiveAging provides an AI-driven platform for Medicare Advantage health plans to proactively manage member benefits and health outcomes. The solution uses data insights and remote monitoring to tailor benefits, aiming to reduce health deterioration and associated financial risks for payers. This end-to-end management system also enhances member engagement to improve retention and satisfaction scores.
Funding
$800K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
SVFounders
Product
Problem
Medicare Advantage (MA) health plans face challenges in effectively managing the health and well-being of their aging members, leading to increased healthcare expenditures. A lack of precise data insights hinders the ability of these plans to proactively tailor benefits and interventions to individual member needs, resulting in health deterioration and financial strain.
Solution
ActiveAging offers an AI-driven platform designed to optimize benefits and proactively manage the health of aging members within Medicare Advantage plans. The platform leverages data analytics and remote monitoring to generate actionable insights, enabling health plans to precisely target benefits and tailor interventions to individual member needs. By improving member engagement and satisfaction, ActiveAging aims to reduce health deterioration, lower associated expenses, and enhance member retention and plan star ratings. The end-to-end management platform includes a member's mobile app and a health plan dashboard, supporting health plans to automatically and proactively design and tailor benefits based on data.
Target Audience
The primary target audience is Medicare Advantage (MA) health plans seeking to improve member health outcomes, reduce costs, and enhance member engagement.
Features
- AI-driven data insights for precise benefit targeting
- Remote monitoring capabilities for proactive health management
- Member mobile app for enhanced engagement and data collection
- Health plan dashboard for comprehensive member overview and intervention management
- Automated benefit design and tailoring based on individual member data
- Cloud-based technology for easy access and scalability