Highmark Interactive Inc. Announces Strategic Partnership Signing
August 10 2023 - 9:18AM
Highmark Interactive Inc. (TSXV:HMRK) (“Highmark'' or the
“Company”), a provider of remote patient monitoring and other
healthtech solutions, today announced that it has signed a
strategic partnership with Nsight Health, Inc. Inc. (Nsight) , a
national leader in preventive care through remote monitoring
solutions. As part of the agreement, Nsight will utilize Highmark’s
FDA approved software to administer remote patient care for its
patients while managing the entire administration process.
Highmark’s EQ Balance has been cleared by the US FDA as Class 2
Software as a Medical Device (SaMD) is reimbursed by US
Medicare/Medicaid and other third party insurance companies when
utilized by patients to monitor and track balance. Nsight enables
Highmark to focus on its core competency of software while
leveraging Nsight’s best practices for billing, operations and
execution. Dr. Sanjeev Sharma notes, “By focusing on Highmark’s
core competency of software innovation, we were able to partner
with one of the best-in-class complete TPM providers, including an
exceptionally strong services division. This partnership enables
Highmark to bring innovative, unique products to Nsight Health
while leverage Night’s deployment strength, thus creating a
powerful synergistic partnership. We are able to leverage its
software and show a path for a national Remote Monitoring partner
with the exciting capabilities it can provide. We look forward to a
successful launch in the weeks ahead.” Michael Ciullo, CEO of
Nsight stated, “Partnering with Highmark will allow us to expand to
new verticals, provide additional support to existing patients, and
help to further reduce hospitalizations. Patient falls are a
financial drain on the healthcare system via costly procedures and
lengthy rehabilitation. By proactively assessing patient balance
with Highmark’s FDA approved SaMD, our team of care coordinators
and specialists can intervene early to help providers adjust care
plans to reduce these tragic occurrences.” The Company is expected
to start integration and demo in August, while ramping up volumes
shortly thereafter.
About Highmark Interactive
Highmark Interactive was created to change the
paradigm of testing and management for brain and mental health.
Highmark's approach is focused on providing real-time data to
health providers to support proactive, preventative interventions
and targeted care planning to improve health outcomes.
In addition to a growing network of virtual,
in-person and hybrid clinics. Highmark Interactive offers the
world's first gamified, FDA cleared patient-led assessments as well
as digital clinician-led assessments of neurofunction and balance.
Together. The technology is used in more than 350 health
organizations globally. By unlocking insights, Highmark's platform
enables precision medicine and creates a more contemporary model
for delivering better outcomes in medical
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release."
Learn more: https://www.highmark.tech/
About Nsight Health
With a focus on population health management and
the mission to positively impact the lives of millions, Nsight
Health is the leading remote care company in the United States
providing Remote Patient Monitoring (RPM), Chronic Care Management
(CCM), Principal Care Management (PCM), Annual Wellness Visits
(AWV) and Behavioral Health Integration (BHI) to patients on behalf
of thousands of physicians across multiple specialties and
multi-state health systems.
For further information:
Highmark Interactive Inc.
Sanjeev Sharma, President & CEO.
sanjeev@highmark.tech or 1-855-969-5079 Investor
Relations
ir@highmark.tech
SOURCE: Highmark Interactive
Inc
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