Mindoula Health acquires Care at Hand
Mindoula Health, a case management company focused on behavioral health, has bought Care at Hand.
It will become a fully owned subsidiary of Mindoula, and Care at Hand co-founder and CEO Andrey Ostrovsky, M.D., will join the company as a senior vice president of medical affairs.
For post-acute providers, the partnership allows those using Care at Hand's platform to work with a mental health case management system.
“This is a pretty neat opportunity to tap into social work case management services,” Ostrovsky said. “If a SNF or skilled home health provider is doing once-a-week check-ins with one or two staff and are positioned to double or triple patient volume, it is helpful to outsource to an external call center rather than hire new staff.”
Mindoula, which has 60 employees and is based in Silver Spring, MD, also has a proprietary telehealth platform that includes a HIPAA-compliant mobile engagement app, proprietary psychometrics, predictive analytics, and collaborative care software. It was the best fit among Care at Hand's multiple acquisition offers, Ostrovsky told McKnight's.
“Having the ability to do boots on the ground for more complex, expensive patients: Mindoula is exceptionally good at that,” he said.
Care at Hand created a predictive insights platform that allowed those in bundled networks or working with home health patients to analyze hospital readmissions risk. Its data includes a study indicating more than $9,000 Medicare A savings per beneficiary per year and close to 40% reduction in hospital readmissions.
“Our case managers and peer support specialists leverage our multi-platform technology to provide around the clock behavioral health support that is person-centered and evidence-based,” said Steve Sidel, founder and CEO of Mindoula. “The Care at Hand acquisition helps us optimize our technology-enabled services and makes them indispensable to providers and payers participating in value based delivery models.”