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BEN Partners with KangarooHealth to Optimize Omnichannel Remote Patient Monitoring Support with GenAI Platform

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Brand Engagement Network (BEN) and KangarooHealth have partnered to enhance AI-supported remote patient monitoring for chronic conditions. This collaboration aims to improve patient outcomes in value-based care by combining BEN's AI assistant technology with KangarooHealth's remote monitoring devices. The partnership will offer:

  • 24/7 interactive support for patients and healthcare providers
  • AI-powered avatar 'Sandy' for real-time patient inquiries
  • Integration of over 100 connected devices supporting 50+ chronic condition pathways
  • EMR integration and access to on-demand licensed remote care clinicians

The joint solution seeks to create a scalable remote patient monitoring program, offering personalized health education, early risk detection, and timely interventions. This partnership addresses the challenge of healthcare professional availability, particularly in rural areas and healthcare deserts.

Brand Engagement Network (BEN) e KangarooHealth hanno stretto una partnership per migliorare il monitoraggio remoto dei pazienti supportato dall'IA per condizioni croniche. Questa collaborazione mira a migliorare i risultati dei pazienti nella cura basata sul valore, combinando la tecnologia degli assistenti AI di BEN con i dispositivi di monitoraggio remoto di KangarooHealth. La partnership offrirà:

  • Supporto interattivo 24 ore su 24 per pazienti e operatori sanitari
  • Avatar 'Sandy' potenziato dall'AI per domande in tempo reale da parte dei pazienti
  • Integrazione di oltre 100 dispositivi connessi che supportano più di 50 percorsi per condizioni croniche
  • Integrazione EMR e accesso a clinici remoti autorizzati su richiesta

La soluzione congiunta mira a creare un programma di monitoraggio remoto dei pazienti scalabile, offrendo educazione sanitaria personalizzata, rilevamento precoce dei rischi e interventi tempestivi. Questa partnership affronta la sfida della disponibilità di professionisti sanitari, in particolare nelle aree rurali e nei deserti di assistenza sanitaria.

Brand Engagement Network (BEN) y KangarooHealth se han asociado para mejorar el monitoreo remoto de pacientes respaldado por IA para condiciones crónicas. Esta colaboración tiene como objetivo mejorar los resultados de los pacientes en la atención basada en el valor al combinar la tecnología de asistentes de IA de BEN con los dispositivos de monitoreo remoto de KangarooHealth. La asociación ofrecerá:

  • Soporte interactivo 24/7 para pacientes y proveedores de salud
  • Avatar 'Sandy' potenciado por IA para consultas en tiempo real de los pacientes
  • Integración de más de 100 dispositivos conectados que apoyan más de 50 trayectorias de condiciones crónicas
  • Integración EMR y acceso a clínicos remotos licenciados bajo demanda

La solución conjunta busca crear un programa escalable de monitoreo remoto de pacientes, ofreciendo educación sanitaria personalizada, detección temprana de riesgos e intervenciones oportunas. Esta asociación aborda el desafío de la disponibilidad de profesionales de la salud, especialmente en áreas rurales y desiertos de salud.

브랜드 참여 네트워크 (BEN)캥거루헬스가 만성 질환을 위한 AI 지원 원격 환자 모니터링을 개선하기 위해 파트너십을 체결했습니다. 이 협력은 BEN의 AI 어시스턴트 기술과 KangarooHealth의 원격 모니터링 장치를 결합하여 가치 기반 치료에서 환자 결과를 개선하는 것을 목표로 합니다. 이 파트너십은 다음과 같은 내용을 제공합니다:

  • 환자 및 의료 제공자를 위한 24시간 상호작용 지원
  • 실시간 환자 문의를 위한 AI 기반 아바타 '샌디'
  • 50개 이상의 만성 질환 경로를 지원하는 100개 이상의 연결된 장치 통합
  • EMR 통합 및 요청 시 면허가 있는 원격 치료 전문가에 대한 접근

이 공동 솔루션은 개인 맞춤형 건강 교육, 조기 위험 감지 및 적시 개입을 제공하는 확장 가능한 원격 환자 모니터링 프로그램을 만드는 것을 목표로 합니다. 이 파트너십은 특히 농촌 지역과 의료 사각지대에서 의료 전문가의 가용성 문제를 해결합니다.

Brand Engagement Network (BEN) et KangarooHealth ont uni leurs forces pour améliorer la surveillance à distance des patients soutenue par l'IA pour les maladies chroniques. Cette collaboration vise à améliorer les résultats des patients dans le cadre de soins basés sur la valeur en combinant la technologie d'assistant IA de BEN avec les dispositifs de surveillance à distance de KangarooHealth. Le partenariat proposera :

  • Soutien interactif 24/7 pour les patients et les prestataires de soins de santé
  • Avatar 'Sandy' alimenté par l'IA pour des questions en temps réel des patients
  • Intégration de plus de 100 dispositifs connectés soutenant plus de 50 parcours de maladies chroniques
  • Intégration EMR et accès à des cliniciens à distance agréés sur demande

La solution conjointe vise à créer un programme de surveillance à distance des patients évolutif, offrant une éducation personnalisée en santé, une détection précoce des risques et des interventions en temps opportun. Ce partenariat répond à la problématique de la disponibilité des professionnels de santé, en particulier dans les zones rurales et les déserts de santé.

Brand Engagement Network (BEN) und KangarooHealth haben eine Partnerschaft geschlossen, um das KI-unterstützte Fernmonitoring von Patienten mit chronischen Erkrankungen zu verbessern. Diese Zusammenarbeit zielt darauf ab, die Patientenresultate in der wertbasierten Versorgung zu verbessern, indem die KI-Assistententechnologie von BEN mit den Fernüberwachungsgeräten von KangarooHealth kombiniert wird. Die Partnerschaft wird Folgendes bieten:

  • 24/7 interaktive Unterstützung für Patienten und Gesundheitsdienstleister
  • KI-gesteuerten Avatar 'Sandy' für Echtzeit-Anfragen von Patienten
  • Integration von über 100 verbundenen Geräten, die mehr als 50 chronische Krankheitswege unterstützen
  • EMR-Integration und Zugriff auf lizenziertes medizinisches Fachpersonal für Fernbetreuung auf Abruf

Die gemeinsame Lösung zielt darauf ab, ein skalierbares Fernmonitoring-Programm zu schaffen, das personalisierte Gesundheitsbildung, frühe Risikoerkennung und zeitgerechte Interventionen bietet. Diese Partnerschaft geht das Problem der Verfügbarkeit von Fachkräften im Gesundheitswesen an, insbesondere in ländlichen Gebieten und Gesundheitswüsten.

Positive
  • Partnership aims to improve chronic condition patient outcomes in value-based care
  • Offers 24/7/365 AI-supported remote patient monitoring
  • Integration of 100+ connected devices supporting 50+ chronic condition pathways
  • Potential to reduce readmissions and emergency room visits
  • KangarooHealth reports 92% compliance rate among enrolled patients and 98% customer satisfaction rate
Negative
  • None.

This partnership between BEN and KangarooHealth represents a significant step forward in AI-driven remote patient monitoring (RPM). The integration of BEN's AI assistant, Sandy, with KangarooHealth's extensive device ecosystem could potentially revolutionize chronic care management. Key benefits include:

  • 24/7 patient support, addressing the healthcare workforce shortage
  • Early risk detection, potentially reducing hospitalizations
  • Personalized health education, improving patient engagement

However, challenges may arise in data privacy and integration with existing healthcare systems. The 92% patient compliance rate is impressive, but long-term studies on AI-assisted RPM effectiveness are needed. Overall, this collaboration could significantly impact the value-based care model, potentially reducing costs while improving patient outcomes.

This partnership positions BEN and KangarooHealth at the forefront of the rapidly growing RPM market, estimated to reach $117.1 billion by 2025. The collaboration addresses key market demands:

  • Scalable solutions for chronic care management
  • AI-powered personalization in healthcare
  • Omnichannel support for patients and providers

The partnership could potentially disrupt traditional healthcare models, attracting interest from health plans, ACOs and pharmacy networks. However, market adoption may face hurdles due to regulatory constraints and resistance to AI in healthcare. The 98% customer satisfaction rate is a strong selling point, but competition from established telemedicine giants could pose challenges. Investors should monitor user adoption rates and regulatory developments in this space.

While specific financial terms weren't disclosed, this partnership could significantly impact BEN's revenue streams. Key financial considerations include:

  • Potential for recurring revenue through subscription-based RPM services
  • Scalability of AI-powered solutions, possibly leading to high-margin growth
  • Expansion into the lucrative healthcare sector, diversifying BEN's portfolio

However, investors should note that healthcare AI is a competitive space with high R&D costs. The partnership's success will likely depend on rapid market penetration and sustained patient engagement. BEN's stock (NASDAQ: BNAI) may see increased volatility as the market assesses the partnership's potential. While promising, profitability in this venture may take time and investors should carefully evaluate BEN's cash position and burn rate in relation to this expansion.

BEN’s AI assistant technology, paired with KangarooHealth’s remote monitoring devices, will offer round-the-clock interactive support to patients and healthcare providers

JACKSON, Wyo., Sept. 19, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network (BEN), (Nasdaq: BNAI), an emerging provider in safe and secure generative AI (GenAI) for consumer engagement, and KangarooHealth, Inc. (KangarooHealth), a leading healthcare technology company renowned for its AI-assisted, turn-key connected care platform including remote patient monitoring (RPM), chronic care management (CCM) and other remote care services, have entered into a partnership agreement that will enable the companies to work together to broaden access to AI-supported remote patient monitoring – aiming to improve chronic condition patient outcomes in value-based care model with omnichannel support capabilities.

Brand Engagement Network (BEN) (Nasdaq: BNAI), an innovator in safe and secure generative AI for consumer engagement, has announced an exciting partnership with KangarooHealth, Inc. (KangarooHealth), a leading healthcare technology company specializing in AI-assisted, turn-key connected care platforms including remote patient monitoring (RPM), chronic care management (CCM) and other remote care services. This collaboration aims to broaden access to advanced AI-driven remote patient monitoring (RPM) solutions, enhancing outcomes for patients with chronic conditions in a value-based care framework. By combining their expertise, BEN and KangarooHealth will deliver AI-supported remote care services, including RPM and chronic care management (CCM), backed by powerful AI-based omnichannel support. This partnership seeks to transform patient care, seeking to ensure more effective management of chronic conditions, reducing adverse events via early symptom detection, and improving the overall care outcomes for patients.

At the heart of BEN’s innovative solution is BEN’s healthcare AI assistant, Sandy, capable of understanding patient inquiries in real-time and providing timely responses as an AI-powered avatar. Sandy engages patients anytime and anywhere, enhancing the overall care experience. KangarooHealth provides an extensive suite of connected care solutions, featuring over 100 connected device integrations that support more than 50 chronic condition pathways. This offering also includes electronic medical record (EMR) integration and access to on-demand licensed remote care clinicians.

Together, the integrated solutions from BEN and KangarooHealth seek to create a highly scalable, 24/7/365 remote patient monitoring program. This program not only offers personalized health education but also informs patients about early risk indicators and recommends next steps for care management, enabling timely interventions.

“Most patients struggle with managing chronic conditions at home, and the joint solution from BEN and KangarooHealth provides a care management partner for patients, meeting patients’ needs wherever they are in their chronic care management journey and providing always-available remote patient monitoring support while personalizing all communications for each patient’s preference with a rapid deployment cycle,” said Dr. Xiaoxu Kang, Founder and CEO of KangarooHealth. “Especially in value-base care framework, we would like to empower progressive health plans, accountable care organizations (ACOs) and pharmacy networks to better support their members with our AI-powered remote patient monitoring programs.”

“The limited availability of healthcare professionals makes remote patient monitoring challenging to efficiently execute – especially for patients in rural areas and healthcare deserts,” said Dr. William T. Lee, Senior Director, Pharmacy System Innovations, Carilion Clinic. “The partnership between BEN and KangarooHealth is a major innovation in chronic care management, elevating the development of the evolving hospital at home model where a positive outcome for many patients with chronic diseases can be achieved.”

KangarooHealth offers plug-and-play solutions for remote patient monitoring (RPM) and chronic condition management, designed to improve patient care while minimizing the burden on healthcare staff. As a comprehensive remote care provider, KangarooHealth supplies everything from devices and platforms to staffing and billing solutions. Founded in 2015, KangarooHealth has earned the trust of hundreds of providers nationwide. With a proven track record, the company boasts an impressive 92% compliance rate among enrolled patients and a 98% customer satisfaction rate. KangarooHealth's solutions effectively help providers reduce readmissions and emergency room visits, enhancing overall healthcare delivery.

“BEN is excited to work with KangarooHealth to help them scale their monitoring service by providing 24/7 AI-based human-like technology,” said Paul Chang, CEO of BEN. “Through this collaboration, we are aiming to improve outcomes for all patients despite workforce and physician limitations that would otherwise inhibit optimal care.”

For more information about BEN please visit: www.beninc.ai.

About KangarooHealth
Established in 2015, KangarooHealth is a rapidly growing, woman- and minority-owned healthcare technology company dedicated to enhancing patient care through innovative connected care solutions, i.e., remote patient monitoring, remote therapeutic monitoring, and chronic care management solutions. By integrating AI-powered software with a robust network of biometric sensors and on-demand U.S.-based care teams, KangarooHealth empowers providers to monitor chronic conditions more effectively between/after visits and alerts providers to verified early symptoms, facilitating timely care escalation. KangarooHealth simplifies the launch of successful remote patient monitoring programs, eliminating the need for additional clinical or billing staff. As the end-to-end remote patient monitoring platform and service provider, KangarooHealth manages every aspect, from patient enrollment and connected device distribution to 24/7 monitoring and fully CMS-compliant billing. Covering over 50 common chronic conditions and post-acute care episodes, KangarooHealth’s platform is also highly configurable, allowing for effective monitoring of an unlimited range of conditions. The company is on a mission to revolutionize the healthcare model into a fully connected care journey, driving better outcomes and reducing overall care costs.

Visit us at www.kangaroohealth.com and follow us on LinkedIn and Facebook.

About BEN
Brand Engagement Network (BEN), NASDAQ: BNAI, is an emerging provider of safe and secure generative AI for businesses and consumers, headquartered in Jackson, WY. BEN’s full-stack platform, encompassing front-end, middleware, and back-end, is scalable, customizable, and can be fully optimized for superior CX, productivity, and performance. The backbone of BENs success is its rich portfolio of conversational AI applications, featuring 16+ perception, understanding and response modules that facilitate human-like engagements with consumers. BEN seeks to deploy scalable and sustainable AI solutions to businesses and partner with those with complimentary capabilities and networks in industries experiencing significant workforce gaps. In line with the vision of an AI-enhanced world, BEN strives to bring AI assistants to everyone who can benefit from them.

Forward-Looking Statements
This communication contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are not historical facts, and involve risks and uncertainties that could cause actual results of BEN to differ materially from those expected and projected. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “anticipates,” “believes,” “continue,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “projects,” “should,” “will,” or “would,” or, in each case, their negative or other variations or comparable terminology.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside BEN’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to, the risk factors that are described under the section titled “Risk Factors” in BEN’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q subsequently filed with the Securities and Exchange Commission.

BEN cautions that the foregoing list of factors is not exclusive. BEN cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. BEN does not undertake nor does it accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, and it does not intend to do so unless required by applicable law. Further information about factors that could materially affect BEN, including its results of operations and financial condition, is set forth under “Risk Factors” in BEN’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q subsequently filed with the Securities and Exchange Commission.

Media Contacts:
Dan Brennan, ICR
dan.brennan@icrinc.com


FAQ

What is the partnership between BEN (BNAI) and KangarooHealth about?

BEN (BNAI) and KangarooHealth have partnered to optimize omnichannel remote patient monitoring support using BEN's GenAI platform, aiming to improve chronic condition patient outcomes in value-based care.

How will BEN's AI assistant technology be used in the partnership with KangarooHealth?

BEN's AI assistant, Sandy, will provide round-the-clock interactive support to patients and healthcare providers, understanding patient inquiries in real-time and providing timely responses as an AI-powered avatar.

What services does KangarooHealth offer in this partnership with BEN (BNAI)?

KangarooHealth offers a suite of connected care solutions, including remote patient monitoring (RPM), chronic care management (CCM), over 100 connected device integrations, EMR integration, and access to on-demand licensed remote care clinicians.

What are the potential benefits of the BEN (BNAI) and KangarooHealth partnership for patients?

The partnership aims to provide personalized health education, inform patients about early risk indicators, recommend next steps for care management, and enable timely interventions, potentially improving overall care outcomes for patients with chronic conditions.

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