Proxie Health for Inclusive Longevity
- United States
- For-profit, including B-Corp or similar models
At the highest level, Proxie Health solves the "care reach" problem created by the health provider shortage problem coupled with the lack of visibility within the home setting which impacts healthy longevity within older adult populations (>60) with especially acute impact within low-middle income communities.
According to new projections published March 2024 by the AAMC (Association of American Medical Colleges), the United States will face a physician shortage of up to 86,000 physicians by 2036.
Some other key statistics outlining the impact of this issue overall are:
Women
- Older women make up two-thirds of those in the top 25% of the population for highest yearly burden when both treatment costs and lost wages are combined.
- Of those who lost wages due to chronic disease, 56% are older women.
- At the same time, older women also have the lowest household incomes and the highest out-of-pocket medical expenses.
People of Color
- Blacks and Hispanics/Latinos aged 60+ have $4,000 more in average yearly costs due to chronic disease than whites and far lower financial resources to deal with this.
- Older people of color experience 15% higher average yearly treatment costs than whites because they have a greater number of and/or more costly chronic diseases.
- Older people of color experience $3,000 more in average yearly lost wages than whites because they are more likely to experience job interruptions due to health.
- Nearly 40% of Black and Hispanic/Latino older adults lost wages because of their chronic disease compared to 16.6% of whites.
Proxie is building the smartest care algorithm and coordination platform which combines human guidance with AI to enable health providers and payers in helping any adult > 50 manage, improve or prevent chronic illness by providing greater health data visibility and insight at home.
We ingest data from four sources:
+ Electronic medical records
+ Open-source large language model data
+ Standard wearable data (Apple Healthkit, Google fit, Omron, etc.)
+ Patient-reported outcome data - from Proxie health coordinators and care partners (family, friends) permissioned into the system
That data is then analyzed referencing 23 different aspects of health across 3 dimensions - medical, social & behavioral to deliver and optimize health management plans that are understandable, actionable and accessible by our members.
Target end-user: Proxie serves older adult populations (>60 years old) initially in the US and the providers, either currently experiencing or seeking to prevent chronic illness.
Target customer: Value-based risk-bearing health entities (health provider groups) and health insurance companies seeking to increase performance and improve outcomes for their adult patients at-risk for chronic disease
Fritz Desir, 27 years experience as a experience designer & strategist with extensive experience creating digital/technology-based design solutions working with health care companies, health systems and life sciences companies.
Solomon Abiola, Head of Technology; Ex-Amazon, ex-Accenture, dual PhD in computer science & biomedical sciences; Built his own wearable for Ebola detection; deep familiarity with data models, EMR data integration and leveraging AI in health
Eric Bruno, Head of Member Experience; 26 years experience in patient navigation formerly with New York Presbyterian- guides our care model and training for Proxie Health Coordinators
- Increase capacity and resilience of health systems, including workforce, supply chains, and other infrastructure.
- 3. Good Health and Well-Being
- 9. Industry, Innovation, and Infrastructure
- 10. Reduced Inequalities
- Prototype
Because it accurately reflects our current stage of development.
- Initial service delivery platform developed
- Going to market with channel partner, ClaimPower a medical billing company servicing 150 Providers in 10 states
- Also being introduced to Providers by Healthcare Compliance Network, which handles compliance for dozens of provider groups in the tristate area
- Recently won the digital health startup competition at this past year’s CES
- Recently accepted into NVidia’s Startup Inception program (March ‘24)
To increase access to our solution and to partner with other organizations who are aligned with the world we're envisioning which looks like more people gaining access to the knowledge and tools to live as long as possible and as well as possible.
- Financial (e.g. accounting practices, pitching to investors)
- A new application of an existing technology
- Artificial Intelligence / Machine Learning
- Big Data
- United States
- Canada
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Founder & CEO