CareSource – a nationally recognized nonprofit managed care organization – announced a $1 million investment in Augment Therapy, a digital health company enhancing rehabilitative health care and exercise through immersive and gamified technology. And this investment will further CareSource’s mission to connect its members to the latest digital technologies for helping address care gaps and ensure all people have access to innovative care.
CareSource and Augment Therapy had previously announced a pilot program that is underway in 4 locations throughout Ohio to research and showcase how access to Augment Therapy encourages children, and adults of all ages to exercise more and to get the most out of physical therapy and rehabilitation in both the clinical and at-home environments.
Augment Therapy’s gamified technology is able to be used in various settings, from pediatric children’s hospitals servicing inpatient and outpatient care, adult rehabilitation, and skilled nursing facilities, and in provider-focused at-home health care. And expected outcomes include increases in overall patient satisfaction, which can lead to greater compliance in rehabilitative care. This could help reduce inpatient stays and readmissions and increase functional mobility levels.
CareSource and Augment Therapy are hoping to expand their pilot program into new markets in Ohio, Georgia, Indiana, Arkansas, Texas, Florida, Kansas, and Michigan through its partnership with CareSource.
KEY QUOTES:
“CareSource believes Augment Therapy’s innovative, immersive technology can transform the health care industry’s approach to physical therapy and significantly improve rehabilitation outcomes for patients with significant disabilities and complex health needs. We look forward to helping more members and providers access this dynamic digital solution across the country.”
- Josh Boynton, senior vice president for complex health solutions at CareSource
“We are thrilled to strengthen our partnership with CareSource through this investment. We are proud to work with an organization that invests in innovation designed to particularly address the needs of marginalized groups including children, disabled and elderly populations.”
- Lindsay Watson, PT, MPT, CEO and co-founder of Augment Therapy
