| CareAscend, LLC. |
 |
|
| 12486 Shadow Cove Way, Carmel, IN 46033 www.CareAscend.com Contact: info@careascend.com |
For-Profit | |
| Role(s) | • Help Post-Acute and Long-Term Care providers to engage with their teams with purpose and full compliance to deliver quality care to patients and their families • Assures Medical Director services are compliant with required regulatory frameworks |
| Mission | Deliver easy to use technical solutions to improve interdisciplinary team learning and collaboration, with purpose and full compliance to deliver highest quality care to patients and their families. |
| History | August 2017 - Conception of idea for CareAscend Nov/Dec 2017 - Demo of MVP at American Medical Directors Association (AMDA) Jan 2018 - Agreements with two Skilled Nursing Home operators for pilot (Genesis Health Care, #1 in the industry with 325+ facilities and Signature HealthCARE, #8 in the industry with 111 facilities) Feb 2018 - Pilot started May 2018 - Formation of CareAscend, LLC. May 2018 - Seed Round - Raised $75,000 August 2018 - First paid customers - Genesis Health Care & Signature HealthCARE March 2019 - Implement in 150 Facilities December 2019 - Implemented in 200 Facilities January 2020 - Pilot started with US Post Acute, aa provider company June 2020 - Conception of GeriBytes for inter-professional engagement and skill development August 2020 - Agreement with 5 Star Senior Living, #21 in industry with 50 facilities October 2020 - Agreement with Avalon Healthcare, #30 in industry with 44 facilities November 2020 - CareAscend in 25 States, 302 facilities and 243 Medical Directors |
| Org | One full time and five part-time team. 75% on technology and 25% on business development and customer engagement side. Leadership: • Bharath Bynagari: Chief Executive Officer • Arif Nazir: Chief Medical Officer • Prasanth Krishnam: Chief Technology Officer • Andrew Heideman: Software Engineer |
| Board | Bharath Bynagari: Chief Executive Officer Arif Nazir, MD: CMO of Signature HealthCARE Joe Steier: Co-founder and CEO of Signature HealthCARE |
| Finance | >$1M in annual revenues |
| Data Sources | • Medical Director Contract Hours at each Skilled Nursing Facility • Medical Director Hourly Contract Rate • Medical Director’s Fair Market Value assessment data • Tasks performed by each Medical Director at a Skilled Nursing Facility • CMS’s Project Based Journal Data for Medical Directors • GeriBytes (Geriatrics Bytes): Crowd-sourced 5-10 minute structured information to empower inter-professional teams by actionable knowledge dissemination for care teams at front-lines. |
| Data Access | De-identified data provided to partners via project specific data sharing agreements |
| Tech Capabilities | N/A |
| Projects |
Medical Director Compliance GeriBytes |
| Future Focus | Integrate the non-patient care workflows into CareAscend like OSHA Respirator Questionnaire for N95 mask fit testing etc. |
| Talent Development | N/A |
| Data Sharing Agreements | Many agreements in place; however, they are use case American Medical Directors Association - We share Medical director tasks performed at skilled nursing facilities and time spent on each task. Can share de-identified information with specific partners |
| Programs/ Publications | N/A |