Transcarent, a well being tech firm for self-insured employers, introduced a brand new program targeted on the cancer-care house. Dubbed Transcarent Oncology Care, the service is designed to assist Transcarent members join with most cancers care institutes, oncology suppliers and applicable scientific trials of their space.
Along with connecting members to care, the service additionally supplies emotional and social help companies. Members are in a position to join with Transcarent well being guides and oncology nurses to debate their care and desires. The service additionally gives members monetary steerage, psychological well being companies, dietary counseling, social work help and transportation.
Members are in a position to combine their most cancers care into their different healthcare companies and entry a physician just about via the Transcarent system.
WHY IT MATTERS
In accordance with the CDC, 1.7 million new most cancers circumstances have been reported in 2018. That very same 12 months 599,265 folks died of most cancers, in accordance with the company. At the moment there are 16.9 million most cancers survivors within the U.S., that quantity is anticipated to spike to 22.2 million by 2030, in accordance with the Nationwide Most cancers Institute.
“Almost day by day, a colleague, member of the family, or good friend reaches out to me for assist with a brand new most cancers prognosis. Whereas I can information every of those folks, separately, at Transcarent, we’re scaling this private strategy to each considered one of our members, so everybody within the nation can entry the best-in-class medical care and emotional help for his or her particular person well being problem,” Dr. Jeff Dobro, chief innovation officer for Transcarent, stated in a press release.
“By immediately contracting with main Facilities of Excellence and applicable websites of care, and mixing our personalised care journey expertise, we’re eradicating the obstacles which have traditionally existed for the typical particular person and their household relating to accessing best-in-class oncology care.”
THE LARGER TREND
Based by Livongo vet Glen Tullman, Transcarent emerged out of stealth mode in March 2021, with the aim of overhauling the self-insured market by overlaying a digital well being platform over current plans.
In January, the corporate raked in $200 million in Sequence C funding. The corporate has additionally been increasing via partnerships. In October, it made a cope with Walmart with a view to decrease prescription drug prices and different costs for its members within the self-insured market.
Transcarent is not the one digital firm trying to remodel the payer house. Clover Well being, a Medicare Benefit insurtech firm, went public via a SPAC merger in 2021. Different names within the house embrace Vivid Well being and Oscar Well being.