Two LDI Senior Fellows' Work Wins 'Game Changing' Healthcare Innovation Award
RightCare Solutions, a company organized around clinical decision support software invented by LDI Senior Fellows Kathryn Bowles and Mary Naylor, has received the 2014 "Game Changing Healthcare Award" by the Greater Philadelphia Alliance for Capital and Technologies (GPACT).
Bowles, PhD, RN, FAAN, is an Associate Professor, and Naylor, PhD, FAAN, RN, is a Professor at the University of Pennsylvania School of Nursing.
|The work of Penn School of Nursing professors Kathryn Bowles (left) and Mary Naylor (right) has been commercialized as a system for reducing hospital readmissions.|
Now in its 21st year, the annual GPACT Enterprise Awards honor a company that develops innovations that have the potential to make "a large and positive impact on the cost, quality, and access in healthcare." GPACT is an Affiliate of the Greater Philadelphia Chamber of Commerce; it supports and promotes business development in eleven Pennsylvania, New Jersey and Delaware counties surrounding Philadelphia.
Over a ten year period of research funded by an estimated $5 million in NIH grants, Bowles and Naylor developed the "Discharge Decision Support System" or "D2S2."
Risk scoring tool
The predictive analytics-based software tool calculates and scores a newly-admitted patient's risk of readmission and helps to manage the patient's clinical stay in a manner most likely to minimize the within-30-days readmission risk. Further details of the system are available in the U.S. patent application filed in 2012 and a 2013 study co-authored by Bowles.
The D2S2 system was licensed through Penn's Upstart entrepreneurial program to RightCare Solutions, a company co-founded in 2012 by Penn, Bowles and Wharton MBA graduate Eric Heil who is the firm's CEO.
$1.75 million in venture funding
In 2012, the D2S2 system won a $100,000 award from Janssen Healthcare Innovation to to advance the product's commercialization. A few months later RightCare received $1.75 million in initial funding from the merchant banking firm Compass Partners and venture capital firm Domain Associates.
Last month, Becker's Hospital CIO magazine hailed RightCare as one of four leading companies that are "leveraging the power of big data" to address some of health care's most persistent problems.
The Bowles-Naylor system was deployed at the Hospital of the University of Pennsylvania, Penn-Presbyterian Medical Center and Pennsylvania Hospital and, according to RightCare, achieved a 29% decrease in all-cause 30-day readmissions across all three institutions. It was also deployed at the Thomas Jefferson University Hospital and RightCare recently announced it has signed Houston Methodist Hospital in Texas as a new client.
"Discharge planners are overwhelmed with the volume of complex patients churning through our hospitals," said Bowles in a press statement. "We are eager to support their decision making with tools like the Discharge Decision Support System (D2S2) so our patients get the right care and achieve improved outcomes."