Moving Analytics (Movn), a virtual home intervention program for high-risk CVD patients, claims to be the “most clinically validated” cardiac rehabilitation program on the market. While other online programs exist, others either target other international markets such as Heart2Heart or only work with very specific current insurance partners such as Henry Ford Health.
Moving Analytics founders and fellow students Harsh Watsangam and Shuo Qiao met their third co-founder Ade Adesanya at the University of Southern California. The trio all immigrated to the United States in hopes of becoming engineers, but shortly thereafter, their goal turned into using “a data-driven approach to make a visible contribution to health care.”
The Irvine-based company is committed to providing recovering heart attack and heart disease patients with a 12-week managed-support home care alternative.
“A big part of the program is that…we are empathetic to those patients that are around: “Hey, we know that this is an important event that happened to you, this is not the end of your world, and you can do a lot if you follow our instructions to actually make the heart stronger,” said Adesanya.
Each patient is provided with a cellular scale, an American Heart Association information book, exercise wristbands, a Bodytrace blood pressure cuff, and a Garmin fitness tracker to help monitor and track their progress throughout the course.
The company was established as a health care provider and contracts with various insurance partners – Kaiser Permanente, Allegheny Health Network, CDPHP and others – and currently operates in 14 states with approximately 4,000 patients. If a patient with heart disease chooses home care, they are referred to the Movn team.
In addition, patients who also undergo cardiac rehabilitation have a reduced risk of dying from a heart attack. study published in the Journal of the American College of Cardiology.
According to data provided by TechCrunch, the company claims that some of its partners have seen an increase in enrolled and completed programs. At Kaiser, for example, the numbers show that the percentage of completed work used to be 14%, and now it is 88%. Similar figures are shown for other partners.
“I think we just feel responsible for this opportunity that we need to make sure we can make the world a little better,” Adesanya said. “And, you know, basically, in terms of just work and healthcare, innovation, we can also make it a little more inclusive.”
The company declined to say how much their program costs, but said it offers a “cheaper” alternative to traditional face-to-face classes. The average cost of an in-person session is approximately $240. study published in the National Library of Medicine.
Movn was able to convince investors as they raised $20 million in a Series A funding round led by Wellington Access Ventures and Seae Ventures with Philips Ventures. The investment comes in the form of all capital, the company said, though they declined to share by what estimate.
In total, the company has raised $30 million and will use the new funds to expand its reach in all 50 states, recruit staff and launch bilingual programs to better serve marginalized communities.
Credit: techcrunch.com /