June 11, 2024 – Accorded, Inc., the leading healthcare actuarial intelligence company that helps healthcare companies drive better and faster value-based care (VBC) decisions, and Health Care Originals (HCO), the first complete virtual respiratory care platform for those with Asthma or COPD, announce the launch of their partnership, which kicks off with a presentation at AHIP 2024, the national association whose members provide health care coverage, services, and solutions to hundreds of millions of Americans every day.

Accorded’s actuarial analysis revealed the significant cost burden associated with chronic respiratory diseases, particularly asthma and COPD (Chronic Obstructive Pulmonary Disease). Costly comorbidities often accompany these illnesses. For instance, the prevalence of obesity is 92% higher among asthma patients compared to the general commercial population. Diabetes and hypertension are also more prevalent among asthma sufferers by 41% and 45%, respectively. The presence of anxiety is 67% higher in individuals with asthma and 83% higher in those with COPD compared to the general commercial population

COPD patients face even higher comorbidity rates, with diabetes being 283% more prevalent, obesity being 167% more prevalent, and hypertension being 265% more prevalent than in the general commercial population.

Financially, these comorbidities substantially increase healthcare costs. Asthma patients with comorbidities incur an additional $10,000 to $15,000 in costs per member per year (PMPY), while those with COPD and these comorbidities incur $31,000 to $40,000 PMPY of additional expenses.

The teams will present detailed cost savings data from their innovative Virtual Respiratory Care platform at AHIP 2024.

Frank Cheung, CEO and Co-Founder at Accorded, said, "I’m deeply impressed by Sharon and Health Care Originals' unwavering commitment to their innovative clinical model. We're thrilled to empower their team with actuarial intelligence, enabling them to embrace risk-based contracts and drive greater accountability in the respiratory care space."

Sharon Samjitsingh, CEO and Co-Founder of HCO added, "We’re excited to share the deep clinical outcomes of our Nightingale solution and our innovative graduation promise that assures payers and employers of ROI. We couldn’t think of a better partner than Accorded for our needs, providing the actuarial intelligence and integrity that’s so necessary as continue to scale and show ROI for our customers. Frank and his team are highly skilled experts who are all a pleasure to work with.”

Accorded and HCO will integrate advanced actuarial intelligence and data analytics from Accorded with HCO's cutting-edge virtual respiratory care platform. This collaboration will create personalized care plans, predictive analytics for early intervention, and performance measurement tools that demonstrate the value of the combined solutions to payers, providers, and patients. The partnership aims to provide a scalable, efficient, and effective approach to managing asthma and COPD, aligning with the principles of value-based care to improve health outcomes while reducing costs. The AHIP debut presentation features Frank Cheung, CEO and Co-Founder of Accorded, and for Health Care Originals, Sharon Samjitsingh, CEO, and Dr. Jennifer Chambers, CMO.

About Healthcare Originals

Health Care Originals provides solutions that empower individuals to understand their bodies by developing personalized digital biomarkers using its proprietary wearable. HCO’s newest solution, Nightingale, is at the forefront of virtual respiratory care, revolutionizing how individuals manage asthma and COPD and how payers generate savings from true value-based contracts. Their comprehensive platform combines the convenience of virtual consultations with respiratory therapists, the ADAMM wearable’s cutting-edge management technology, and a user-friendly app for personalized insights. Nightingale is dedicated to empowering individuals with respiratory conditions to take control of their health and enjoy a higher quality of life. To learn more about Health Care Originals and its solutions, visit www.healthcareoriginals.com.

About Accorded

Accorded is an actuarial intelligence company that aims to enable a frictionless and sustainable value-based care ecosystem. Our technology combines actuarial science and modern data engineering to transform healthcare data at scale, ensuring that healthcare companies have access to standardized, actuarially rigorous, and ready-to-use VBC data assets. Reach out for a custom demo today: https://www.accorded.com/get-started