Remedy Partners

Remedy Partners

Founded in 2011 and based in Norwalk, CT, Remedy Partners is a leading technology, data, analytics, and services provider for the healthcare “bundled payments” sector, with offerings that both reduce healthcare costs and improve patient outcomes. Bundled payments link payments for the multiple services beneficiaries receive during an episode of care, enabling organizations to enter into payment arrangements that include financial and performance accountability for episodes of care. Remedy uses a proprietary database and advanced data and analytics to collaborate with health systems, at-risk providers, and employers in order to improve coordination of post-acute care. Remedy is allied with 175 acute care hospitals, 139 physician group practices, 540+ home health agencies, and 1,500+ skilled nursing facilities to drive improved patient outcomes. The Company’s data analytics team of in-house statisticians and actuaries analyze a health system’s historical patient mix, procedure mix, and spending patterns to design bundled payment programs. Remedy’s proprietary suite of software applications to manage bundled payments (“Episode Connect”), identifies patients eligible for a bundle, tracks patients through acute and post-acute care, and provides process and performance reports to care providers. Lastly, Remedy’s team of 120+ patient care coordinators interact extensively with patients in the hospital and post-discharge settings to ensure successful patient recovery and to reduce hospital readmissions. Key services include the development of a comprehensive, and patient specific care plan, the determination of the appropriate site for post-acute care, and 24/7 nurse call center to support patients through the episode of care.