Wanda Expanding to Orthopedic Analytics

RNS Number : 0704I

NetScientific PLC

19 March 2018

 

Health Resource Solutions ("HRS") is expanding utilization of Wanda's Telehealth and Predictive Analytics to Orthopedics

London, UK - March 19^th 2017 - NetScientific plc ("NetScientific", AIM:NSCI), the transatlantic healthcare IP commercialisation Group, announces that Wanda Health, its portfolio company, is expanding into orthopedics through a new partnership with HRS Home Health ("HRS").

Wanda's predictive analytics and artificial intelligence solutions already provide remote management solutions for chronic conditions in heart and respiratory health. The partnership with HRS, a Wanda client, brings Wanda's capabilities to bear on orthopedics, and initial pilot studies have demonstrated a decrease in the length of time patients were required to remain in hospital through the use of Wanda's technology. HRS will use Wanda Telehealth and Predictive Analytics to provide real-time data and informatics to orthopedic surgeons and their clinical teams.

HRS Home Health partnered with orthopedic surgeons in Omaha, Nebraska to collect metrics in patients' homes that track patient outcomes post-surgery. HRS identified gaps in clinical information that were not being reported to the surgeons and their clinical teams during the critical time frame from 3 to 14 days of post-operative care. To improve patient outcomes, five key metrics were identified for remote telehealth data collection to assist with real time clinical oversight: Knee Flexion, Knee Extension, Pain with Activity, Knee Circumference, and Quadriceps Strength.

Initial pilot results demonstrated a decrease in cost per case of 18% compared to cases not involved in the pilot. Initial pilot cases show a decrease in length of stay (LOS) from 19.4 days to 11.5 days. These patients achieved desired outcomes 41% quicker than prior to the pilot. The integration of Wanda's technology with HRS care interventions has decreased readmissions, LOS and cost of care.

Commenting on the news, NetScientific's Chief Executive Officer and Chairman of Wanda, Francois R. Martelet said: "We are delighted to announce that Wanda is expanding its analytical focus to orthpedics, which demonstrates the flexibility and potential of the technology. In particular, we are pleased that the initial pilot cases demonstrate a decrease in length of stay (LOS) from 19.4 days to 11.5 days, achieving desired outcomes for patients 41% quicker when using Wanda technology."

NetScientific holds a 61.8% stake on a fully diluted basis in Wanda.

For more information, please contact:

NetScientific   François R. Martelet, M.D., CEO   Ian Postlethwaite, CFO	Tel: [phone]
Consilium Strategic Communications   Mary-Jane Elliott Jessica Hodgson /   Chris Welsh / Laura Thornton	Tel: [phone] [e-mail]
Stifel Nicolaus Europe Limited (NOMAD and Broker) Jonathan Senior / David Arch / Ben Maddison	Tel: [phone]

About NetScientific

NetScientific is a transatlantic healthcare technology group with an investment strategy focused on sourcing, funding and commercialising technologies that significantly improve the health and well-being of people with chronic diseases. For more information, please visit the website at www.netscientific.net

Health Resource Solutions is expanding utilization of Wanda's Telehealth and Predictive Analytics to Orthopedics

March 15^th 2018

Health Resource Solutions (HRS) is expanding their use of Wanda Telehealth and Predictive Analytics to provide real time data and informatics to orthopedic surgeons and their clinical teams.

Health Resource Solutions (HRS) is expanding their use of Wanda Telehealth and Predictive Analytics to provide real time data and informatics to orthopedic surgeons and their clinical teams. HRS Home Health partnered with orthopedic surgeons in Omaha, Nebraska to collect metrics in the patient's home that track patient outcomes post-surgery. HRS identified gaps in clinical information that were not being reported to the surgeons and their clinical teams during the critical time frame from 3 to 14 days of post-operative care. To improve patient outcomes, five key metrics were identified for remote telehealth data collection to assist with real time clinical oversight: Knee Flexion, Knee Extension, Pain with Activity, Knee Circumference, and Quadriceps Strength. Initial pilot results demonstrated a decrease in cost per case of 18% compared to cases not involved in the pilot. Initial pilot cases show a decrease in length of stay (LOS) from 19.4 days to 11.5 days. These patients achieved desired outcomes 41% quicker than prior to the pilot. The integration of Wanda's technology with HRS care interventions has decreased readmissions, LOS and cost of care.

Furthermore, HRS and Wanda developed a patient friendly daily assessment tool in unison with the clinical tool to maintain a strong focus on individual patient experience. The assessment tool allows patients the ability to communicate remotely with their physician and care team. The following information is collected via HIPAA compliant messages to gage patient experience for possible intervention and prevention techniques: Health Zone (Green, Yellow, Red), Calf/Leg Pain (Yes/No), Following Medication (Yes/No), Fever (Yes/No).

Robert Mikulak, Managing Partner and CSO for HRS, noted: "We are very excited by the results we were able to achieve for the patients participating in the Tele-Ortho pilot. A high level of clinical oversight combined with integrated network collaboration has improved clinical outcomes and cost savings for the Patient, Accountable Care Organization (ACO) and The Comprehensive Care for Joint Replacement Program (CJR). Wanda has enabled us to deliver better care, by creating transparency of data for the Surgeons and clinical teams. This allows everyone along the care continuum to make more informed decisions for patients during the recovery process at home. By combining our services with technology and analytics, we are able to provide the right type of care in the right place at the lowest cost.

"It is extremely exciting to see how HRS is utilizing Wanda's technology to achieve such improved outcomes. We continuously work toward advancing our offerings in close collaboration with HRS to enable better patient engagement coupled with new insights into health status trajectory of patients. Human-centered technology is once again proven to be one of the key elements in quality driven modern health care." Said Wanda CEO Foad Dabiri.

HRS is the largest privately owned high-tech nursing and rehabilitation home health agency in Chicago, IL. HRS recently opened an agency in Omaha, NE to service patients in Omaha and Lincoln, NE. Since 2005, HRS has integrated data and technologies with home health services to measure and increase outcomes and value for patients, caregivers and clinicians. More information about HRS can be found at http://www.healthrs.net and http://www.hrsnebraska.com

Wanda is dedicated to advancing the effectiveness and efficiency of medicine by using machine learning and modern software applications, enabling care providers to intelligently monitor, communicate with and manage their patients leading to improved outcomes and efficiencies. More information about Wanda can be found at http://www.yourwanda.com

 

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