Tech behind pet webcam could help telehealth offering medication tracking

Burnsville-based Omcare Inc., a digital health company working to bring its "telehealth portal" to market, cut its teeth with an unlikely product: a webcam for pets.

Following a merger, Omcare is the new identity of Anser Innovation, a firm that makes a webcam that connects pets with their owners called PetChatz. Everything is going according to plan, CEO Lisa Lavin said. Anser built out its video chatting hardware with PetChatz, but the goal was always to eventually make the technology with humans in mind.

Omcare is now looking to commercialize what it calls the Home Health Hub, a tablet-like device that connects users with health care providers and pharmacists via telehealth and dispenses medication. The Home Health Hub helps seniors and people with chronic conditions with medication adherence, or making sure they take the right medication at the right time each day, by providing visual confirmation of them taking the medication. It can work with any telehealth system, Lavin said.

The firm has already recruited a heavyweight board that includes former UnitedHealthCare and Optum CEO Jeaninne Rivet, Bind Benefits Inc. President Jodi Hubler and Surescripts' Chief Intelligence Officer Mark Gingrich.

Read the full article here.


Startup Ōmcare lands $2.5M medical investment

With new funding secured, a Minnesota health startup will bring its in-home health technology to consumers next year.

Ōmcare has received a $2.5 million investment from Connect the Grey Investment Management to bring its Home Health Hub, an in-home device that dispenses and allows monitoring of a user’s medicine intake, to market following the conclusion of its pilot program.

“We are pioneering products that [enable] remote care in the home, and promises real medication adherence — meaning the right medication, [at] the right time, [for the] right person,” said Lisa Lavin, Ōmcare’s founder and CEO.

The coronavirus pandemic has cemented the need for telehealth services and products, and Ōmcare aims to be part of the movement, Lavin said.

In-home health care is more efficient, costs less and is safer for both the caretaker and patient, she said.

Ōmcare’s home health hub holds 30-days’ worth of medicine, dispensing once per day. Family or other caretakers can watch the user take their medication, ensuring the proper dosage and consumption. At that time, the user and caretaker can have a conversation, as well, she said.

“The telehealth genie has come out of the bottle and … there’s no way of putting that genie back in,” Lavin said.

Read the full article from Finance & Commerce here.


MassChallenge HealthTech Announces 2021 Cohort of Top Digital Health Startups

Boston, Mass. (December 17, 2020) - MassChallenge HealthTech today announced the 30 digital health startups that will join its 2021 cohort. MassChallenge HealthTech invites the community to meet the 2021 cohort at its virtual MassChallenge Verticals Opening Night, an introduction to the digital health and financial technology cohorts on January 13.

“This year’s MassChallenge HealthTech cohort is our most competitive and diverse group to date – we closed our application season with more than 380 incredible applicants from more than 35 countries and 210 cities,” said Nick Dougherty, Managing Director of MassChallenge HealthTech. “The 30 startups represent some of the world’s most innovative businesses that are transforming healthcare. We are excited about what our entrepreneurs will accomplish with their Champion partners in this upcoming program year.”

After rigorous Matchmaking, this year’s startups received 73 partnership offers from 21 MassChallenge HealthTech Champions, an impressive group of institutions, providers, and payors. Beginning in January, these industry-leading organizations will work directly with startups by facilitating key advisor introductions, pilots, research, and investment opportunities. Startups will also have access to tailored curriculum, industry experts, and investors, and the opportunity to apply for scholarships.

Read the full article and see who joined Ōmcare in making the list here.


Ōmcare raises $2.5M for commercialization

Aging in place solutions increasing in demand as Ōmcare secures latest round of funding. 


MEDICAL ALLEY, Minn., Dec. 16, 2020 /PRNewswire/ -- Today, Ōmcare, a Minnesota-based digital health company, announced a $2.5 million investment along with future follow-on investments for its Ōmcare Home Health Hub™ commercialization.

The Ōmcare Home Health Hub incorporates on-time medication dispensing with visual confirmation that users are taking the right medication at the right time, along with remote face-to-face communication with their care team through the video portal.

An estimated 25% of hospitalizations and $300 billion in healthcare costs are due to poor medication adherence. Ōmcare aims to improve outcomes, lower costs and provide an alternative option for families with loved ones that need assistance.

Ōmcare is conducting a pilot program, in partnership with Minnesota based Ecumen Senior Care and Thrifty White Pharmacy, in early 2021 to evaluate how the technology improves medication adherence, reduces the cost of care and decreases the feeling of isolation and loneliness in users. Ōmcare will build upon success from the pilot program with a commercial launch expected later in 2021.

"We are extending the reach of caregivers into the home," said Ōmcare Founder and CEO Lisa Lavin. "Taking the right medication at the right time can be life-changing and can enable people to live more independent, vibrant lives. This is about having more life options and making it easier for caregivers to care."

The capital in this funding round comes from Connect the Grey Investment Management. Ōmcare will become one of its portfolio companies—based upon the significant growth projections associated with the upcoming commercialization.

Janie Hanson, the Managing Director at Connect the Grey Investment Management, explained, "we see big potential and big opportunities in partnering with Lisa and her team at Ōmcare. We are confident in the company and in this product that takes digital health to the next level and expect exciting growth ahead."

Earlier this year, Ōmcare was named one of the nation's hottest healthcare startups in 'flyover tech' by a panel at the 38th Annual J.P. Morgan Healthcare Conference and was named as a startup projected to improve home health by MedCity NewsThe company continues to gain attention at a national level, as home-based care and options to combat loneliness in older adults emerge as a market priority.

Lisa Lavin added, "we are proud and grateful for the strong partnerships that see the value of our product and see the value of making Care. From anywhere.® - a reality."

 


Maintaining medication adherence during a health crisis

People of all ages can have difficulty managing their medications, but this is especially true for seniors who may face physical limitations, memory loss, and multiple chronic conditions. Add to this the complexity that coronavirus (COVID-19) social distancing has created for caregivers and older adults, and you have a perfect storm for medication non-adherence, which is estimated to account for 10% of hospital readmissions, nearly 25% of nursing home admissions, and 20% of preventable adverse drug events in older adults.

So, what is medication non-adherence? According to the American Pharmacists Association, non-adherence includes delaying or not filling a prescription, skipping doses, splitting pills, or stopping medication early. In addition to generating an estimated $100 to $289 billion in health care expenses annually, non-adherence takes a toll on the health of seniors who may be on long-term medication and need ongoing, consistent care.

Millions of older Americans currently depend on a home aide or family caregiver for help with their medications, but the current COVID-19 crisis is causing lockdowns and restricted visitation rules at nursing homes, while independent seniors are isolated in their homes. As a result, medication adherence is at risk for all older adults. In addition, they are at risk of suffering from loneliness as a result of extended isolation and a disruption in their social connections.

If you or someone you know is a caregiver, or if you’re concerned about medication management for a loved one or family friend during the current health crisis, here are three strategies to stay socially connected to loved ones and help ensure they take the right medication at the right time.

Read the full article from Senior News.


For The Record with Lisa Lavin, Founder & CEO, Ōmcare

Lisa Lavin is founder and CEO of Ōmcare, a subsidiary of Anser Innovation. Ōmcare is a digital health company pioneering products that enable remote care. Ōmcare extends the reach of caregivers and redefines medication adherence.

Lisa has over 25 years of experience building new business from the ground up within the healthcare and high-tech sectors. Lisa is active in local and national organizations that support entrepreneurialism and women in business. Lisa is a Minnesota Cup Division winner, Eureka Award winner for Innovation, was recognized by Minneapolis / St. Paul Business Journal as one of 25 Woman to Watch, Minnesota Business’ Real Power 50 and The New York Observer’s 2020 List of the Hottest “Flyover Tech” Companies in Digital Health.

Give us the Omcare elevator pitch.

Ōmcare is a digital health company pioneering products that enable remote care in the home. Ōmcare extends the reach of caregivers and enables visual confirmation of real medication adherence, resulting in lower healthcare costs and healthier populations. Ōmcare is changing the way the world cares.

What have been the company’s most exciting milestones thus far?

  • Ōmcare has formalized an agreement with Ecumen and Thrifty White Pharmacy for the pilot of the Ōmcare Home Health Hub. Ōmcare is expanding partnerships with other pharmacies, providers, payers, and channel partners for national launch later this year.
  • Ōmcare’s third patent was published July 9, 2019. Other patents are pending.
    • US 9,202,011, US 10,078,732 and US 10,347,377
  • Ōmcare has attracted top talent with over 150 years of combined experience in healthcare and innovation. The company and its leadership has been recognized as Minnesota Cup Division winner, Eureka Award winner for Innovation, Minneapolis / St. Paul Business Journal 25 Woman to Watch and Minnesota Business’ Real Power 50 and was named among the “20 Hottest Flyover Tech Companies” by The New York Observer, based on insights from a panel of healthcare and business experts at the 38th Annual JP Morgan Healthcare Conference.

Read the full interview from Medical Alley.


3 Strategies to Help Aging Loved Ones Master their Meds

Despite the widespread use of tools like lockable pill boxes and smartphone apps, it’s estimated that only half of patients take their medications as prescribed. In September of 2018, the American College of Physicians reported that medication non-adherence accounts for 30% to 50% of treatment failures and 1-in-4 hospital admissions.

Medication non-adherence directly impacts the senior population, wherein millions of seniors depend on a home care aide or family caregiver to administer medication. Managing the dosages and schedules of multiple drugs can be a complicated, confusing, and even stressful task for caregivers. As a result, part-time family caregivers often experience anxiety related to not knowing if their loved one has taken the right medication at the right time.

If you or someone you know is a caregiver, or if you’re concerned about medication management for a loved one or family friend, here are three strategies to help ensure they take the right medication at the right time.

1. Establish a routine and method of reminders.

A consistent care routine is the foundation of a successful, long-term care plan. Following a simple, memorable routine and reminder system can help aging loved ones remember to take their medications throughout the day, even if their caregiver can’t always be there to remind them.

Continue reading on The Caregiver's Voice.


Ōmcare® unveils its Home Health Hub at HIMSS20 Global Health Conference

News Release

(FOR IMMEDIATE RELEASE)                                                                                                                

Ōmcare® unveils its Home Health Hub at HIMSS20 Global Health Conference 

Ōmcare Home Health Hub™ designed to enable remote care and medication assistance via two-way audiovisual technology

Burnsville, MN (February 17, 2020) – Ōmcare® announced today that it will preview its soon-to-be-released Ōmcare Home Health Hub™ at the HIMSS20 Global Health Conference March 9-13 in Orlando, FL. HIMSS20 attendees can visit booth 6493 to see how the Ōmcare Home Health Hub can improve medication adherence for aging adults and people with chronic, complex health conditions.

Ōmcare is a Minnesota-based digital health company that aims to extend the reach of caregivers and improve medication adherence and outcomes through its Ōmcare Home Health Hub, which gives caregivers of all types – from physicians and pharmacists to home care providers or family members – the ability to see and speak to elderly or disabled dependents and confirm compliance with medication treatment plans from anywhere. The easy-to-use Ōmcare system is designed to serve as a conduit for telehealth and virtual care services. Ōmcare facilitates remote monitoring and interaction via the audiovisual interface and provides confirmation of a patient’s actions and status, which supports and gives family members greater peace of mind.

The two-way video capabilities of the Ōmcare Home Health Hub allow individual caregivers or senior living facilities to ensure proper medication adherence through visual confirmation of right medication, right person, right time – from anywhere – which can significantly impact quality of life and clinical outcomes while reducing health care costs.

“We’ve seen a growing interest in technology that extends the reach of caregivers and enables remote care, from anywhere,” said Lisa Lavin, founder and CEO of Ōmcare. “Our research shows that the marketplace is ready for the Ōmcare Home Health Hub and that utilization of this technology has the potential to change the way the world cares by reducing the burden and cost of caregiving and improving outcomes and quality of life for patients.”

Ōmcare earned its third patent from the United States Patent and Trademark Office (U.S. Patent No. 10,347,377) for the company’s web-enabled, audiovisual, medication-dispensing telemedicine system for the home in 2019. The device made its official debut at the Leading Age Annual Conference and Expo late last year, where it earned nods from industry media as an “emerging technology in the caregiving space.” Ōmcare was also recently named among the “20 Hottest Flyover Tech Companies” by The New York Observer, based on insights from a panel of healthcare and business experts at the 38th Annual JP Morgan Healthcare Conference.

To learn more, visit https://www.omcare.com. To schedule a meeting with the Ōmcare team during HIMSS20, email info@omcare.com.

 

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For more information:       

Barbara Tabor, APR / (651) 230-9192 / barbara@taborpr.com

About Ōmcare

Ōmcare is a digital health technology company focused on extending the reach of caregivers, increasing medication adherence, and improving treatment outcomes by harnessing the power of remote care and two-way video technology. By partnering with pharmacies, payers, providers, and family caregivers, Ōmcare strives to help people live healthier, more vibrant, independent lives. Learn more at www.omcare.com. Follow on Twitter (@Omcare_Health) and LinkedIn.


Assembling the Dream Team: Anser Innovation appoints Jodi Hubler to Board of Directors, rounding out team of heavy hitters in preparation for Ōmcare Home Health Hub launch

NEWS RELEASE         

(For immediate release)

Assembling the Dream Team:  Anser Innovation appoints Jodi Hubler to Board of Directors, rounding out team of heavy hitters in preparation for Ōmcare Home Health HubTM launch

Hubler brings a unique combination of executive leadership, business development, and global health care investing expertise to help guide Ōmcare® toward commercialization

Burnsville, MN (February 13, 2020) –  A board of directors is critical to success for startup companies. And with the recent appointment of Jodi Hubler to its board of directors, Minnesota-based digital health company Ōmcare has rounded out a board that is packed with heavy hitters committed to guiding the company toward commercialization of its Ōmcare Home Health Hub. Hubler is currently CEO and managing director of Lemhi Ventures and president and board director of Bind On-Demand Health Insurance. She is widely recognized as an investment expert and has a long track record of identifying trends in market needs and backing companies with the potential to meet those needs.

Hubler joins Jeannine Rivet and Amanda Brinkman as recent additions to the Ōmcare Board of Directors, as Ōmcare founder and CEO Lisa Lavin prepares the company for product launch. According to Lavin, Hubler’s decade of venture capital investing and board governance expertise, starting and investing in health care services companies, makes her uniquely qualified to bring a differentiated perspective to the digital health start up.

“We are beyond excited to have such highly talented, passionate, creative and fearless people committed to helping us achieve our mission of changing the way the world cares,” said Lavin. “Jodi brings vast health care connections and a venture capital mindset to the Ōmcare Board, along with a personal passion for shaping the way people experience care. What’s more, Jodi has made it her personal mission to help others succeed. Jodi's heart puts her heads above the rest.”

Ōmcare aims to extend the reach of caregivers and improve medication adherence and outcomes through its Ōmcare Home Health Hub, which gives caregivers of all types – from physicians and pharmacists to home care providers or family members – the ability to see and speak to elderly or disabled dependents and confirm compliance with medication treatment plans from anywhere. The easy-to-use Ōmcare system is designed to serve as a conduit for telehealth and virtual care services. Ōmcare facilitates remote monitoring and interaction via the audiovisual interface and provides confirmation of a patient’s actions and status, which supports and gives family members greater peace of mind.

In addition to her position on the Ōmcare Board of Directors, Hubler currently serves on the boards of Central Logic, Digital Reasoning, Caring Bridge, and Medical Alley Association.

“Ōmcare realizes that the home is a central point in care delivery, and they are uniquely positioned to capitalize on the promise of connected health, digital technology, and human interaction to influence the necessary and important work of medication adherence and compliance,” said Hubler. “The digital health market has been noisy with many surface solutions, but Ōmcare has depth and the ability to meet people wherever they are in their health care journey. The Ōmcare Home Health Hub is a very elegant and tangible solution that enables aging in place and that will address medication adherence, individual health and well-being, and quality of life.”

Ōmcare earned its third patent from the United States Patent and Trademark Office (U.S. Patent No. 10,347,377) for the company’s web-enabled, audiovisual, medication-dispensing telemedicine system for the home in 2019. The device made its official debut at the Leading Age Annual Conference and Expo late last year, where it earned nods from industry media as an “emerging technology in the caregiving space.” Ōmcare was also recently named among the “20 Hottest Flyover Tech Companies” by The New York Observer, based on insights from a panel of healthcare and business experts at the 38th Annual JP Morgan Healthcare Conference.

To learn more, visit https://www.omcare.com.

 

###

For more information: 

Barbara Tabor, APR / (651) 230-9192 / barbara@taborpr.com

About Ōmcare
Ōmcare is a Minnesota-based digital health company that aims to change the way the world cares by extending the reach of caregivers, increasing medication adherence, and improving treatment outcomes through the power of remote care and two-way video technology. By partnering with pharmacies, payers, providers, and family caregivers, Ōmcare strives to help people live healthier, more vibrant, independent lives. Learn more at www.omcare.com. Follow on Twitter (@Omcare_Health) and LinkedIn.

Read related coverage on the following news outlets:


Podcast: Lisa Lavin on game-changing technology for seniors

Ōmcare founder and CEO Lisa Lavin was recently interviewed for the podcast Health Innovation Matters.

In this episode, Logan Plaster, editor of StartUp Health, mixes the personal with business as he interviews Lisa about the source of her passion for changing the caregiving experience and how technology can extend the reach of caregivers and ensure the right medication is taken by the right person at the right time.

Tune in to the podcast episode: https://healthinnovationmatters.libsyn.com/mcare-with-logan-plaster-and-lisa-lavin