The funding round was led by ARCH Venture Partners and General Catalyst. From access and convenience to quality and equity, Rippl is rethinking what’s required to keep seniors with these specialized conditions healthier and at home – and out of the ER and long-term care.” “Our country’s healthcare system is not designed to tackle the needs of seniors with mental health challenges, particularly those struggling with dementia and Alzheimer’s disease – leaving many families and caregivers to navigate these complex conditions alone. “Mental healthcare for seniors is broken,” said CEO and Co-Founder Kris Engskov, in a statement. The Rippl model, backed by a technology platform, will provide 24/7 access to care by experienced and passionate clinicians when and where seniors need it – on the phone, online or in their living rooms, the company said. Rippl said it is pioneering a new care model to be offered by health plans that will expand access to wrap-around mental healthcare for seniors with dementia and other neurocognitive disorders – with an emphasis on making the experience work better for seniors, their families, and caregivers. adults aged 50 and older living with a mental, behavioral, or emotional disorder today – and more than eight million suffering from Alzheimer’s disease alone. This problem will only grow more urgent with 16 million U.S. These patients cost Medicare 2.5 times more than seniors without a cognitive impairment. The company notes that seniors with neurocognitive mental health conditions and their families have little access to high quality, real-time, practical care, and are 3.5 times more likely to visit the emergency room and three times more likely to be admitted to the hospital. Seeking to help fix a “broken” mental healthcare system for seniors, a startup company called Rippl focused on caring for seniors with dementia and other neurocognitive conditions, launched with $32 million in seed round funding.
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