Deacon Health provides a specialty care management platform that coordinates patient journeys from pre- to post-acute phases, focusing on improving outcomes and reducing costs. Its data analytics engine optimizes utilization and manages polychronic conditions, demonstrating significant reductions in readmissions and post-acute care utilization.
Funding
$7M 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.
Founders
Product
Problem
The U.S. healthcare system faces significant inefficiencies, labor shortages, and rising costs, particularly within specialty care. This fragmentation leads to suboptimal patient journeys and increased healthcare expenditures, especially in areas like musculoskeletal (MSK) conditions where waste is prevalent.
Solution
Deacon Health offers a specialty care management platform designed to improve patient outcomes and reduce healthcare costs through a whole-person approach. The platform focuses on coordinating care across the patient journey, from pre- to post-acute phases, to drive measurable financial impact and enhance patient satisfaction. By leveraging data analytics and proven technology, Deacon Health aims to optimize utilization, reduce readmissions, and manage polychronic conditions effectively.
Target Audience
Deacon Health targets hospitals, Accountable Care Organizations (ACOs), and payers seeking to improve specialty care management, reduce episode costs, and enhance patient satisfaction.
Features
- Whole-person care management platform for specialty conditions, with an initial focus on musculoskeletal (MSK) care.
- Data analytics engine for identifying care pathway optimization opportunities and driving program execution.
- Pre- and post-acute care coordination, including personalized care plans and guided post-acute recovery.
- Quality measures implementation and continuous improvement practices.
- Program compliance management to meet accreditation and regulatory requirements.
- Reporting capabilities delivering analytics to internal and external stakeholders.
- Demonstrated reduction in readmission rates from a baseline of 17.5% to as low as 5.48%.
- Reduced utilization of inpatient rehabilitation and skilled nursing facilities (SNF), with SNF utilization decreasing from 28.3% to 3.2%.
- Decreased average length of stay in SNF from 31.9 days to 19.6 days.