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IN THE NEWS

Introducing Cadence, a New Health Tech Company Redefining Remote Care for the
Nation's Largest Health Systems
Date Posted: Aug 5, 2021
See More Related Articles Related To:
 * [LifePoint Health News]

New York, NY (August 5, 2021) – Health tech company Cadence today announced its
launch with $41 million in funding led by General Catalyst and Thrive Capital.
Cadence has built a breakthrough remote care management platform that will
deliver better care to people managing chronic conditions at scale.

“With care expanding outside of the hospital and into the home, Cadence is
assuring the management of chronic conditions is a simple, empowering, everyday
event for our patients,” said Chris Altchek, CEO and Founder, Cadence. "Better
data and expanded clinical support will give more patients access to world-class
care, no matter where they are."

By collecting and analyzing its patients’ vitals, medical history, and wellness
data from the comfort of their home, Cadence creates personalized, real-time
responsiveness previously unheard of in disease management. And as patient data
is collected and synthesized, Cadence’s Care in Sync™ platform uses machine
learning to continuously improve. 

Hemant Taneja, Managing Partner at General Catalyst and a co-founder of Livongo
and Kareem Zaki, General Partner at Thrive and a co-founder of Cedar have joined
Cadence’s board of directors. Additional capital has come from investors and
founders who have built transformational healthcare businesses including Adam
Boehler, Chelsea Clinton (Metrodora Ventures), and Martin Ventures.

The company was founded by Chris Altchek and Kareem Zaki. Its founding team is
made up of technologists, clinicians and healthcare professionals including Dr.
Theodore Feldman, MD FACC FACP as Chief Medical Officer; Eric Hauser as CTO,
previously at Salesforce; Ryan Keith as Partnerships Lead, previously with HCA
Healthcare; Susan Mackin as Head of Care Delivery, previously with Landmark;
Vikram Singh as Head of Product, previously with Glooko; and Chip Stine as
Business Operations Lead, previously with Oscar.

"We were inspired by Cadence's mission to deliver world class care outside the
four walls of a hospital," says Hemant Taneja, Managing Partner of General
Catalyst. "They are stepping in to fill a huge gap in the care ecosystem—finding
a new solution for conditions that are too hard for patients to treat alone at
home, and those that are too costly and complex for hospitals to manage at
scale. Their solution takes us a step further in realizing the promise of health
assurance—which is all about better care experiences, improved outcomes and
bending the cost curve."

In conjunction with its launch, Cadence has forged a founding partnership with
leading national healthcare company, LifePoint Health. Once it is fully
operationalized across LifePoint’s facilities, the partnership will deliver
remote care to over 100,000 people living with chronic conditions across the
United States. LifePoint and Cadence are initially focused on increasing
adherence to Guideline Directed Medical Therapy (GDMT) treatment for heart
failure patients in a single market, with the aim of building the largest remote
care platform for heart failure patients in the country.

“Our partnership with Cadence is an exciting step forward in bringing new
capabilities for our providers to better support their chronic care patients and
advance our mission of Making Communities Healthier,” said Christopher Rehm,
M.D., senior vice president and chief medical officer of LifePoint Health.
“LifePoint is committed to investing in technology-enabled solutions that
improve quality, access and outcomes, and we’re thrilled to begin offering
remote patient monitoring to people who are managing chronic conditions. We look
forward to expanding access to care by combining Cadence’s innovative technology
with clinical excellence to help LifePoint deliver a consistent, personal and
high quality care experience.”

For LifePoint and its national health system partners, Cadence delivers improved
clinical outcomes with its proprietary technology, Care in Sync™. This creates a
more robust partnership with clinical staff, allowing for better management of
chronic conditions like heart failure, COPD, Type 2 diabetes, and hypertension.

For more information on Cadence, or to explore if it’s the right partner for
you, please visit www.cadence.care.

About Cadence
Cadence is a pioneering health technology company helping the nation’s largest
health systems deliver world-class care outside of the four walls of the
hospital. Cadence’s Care in Sync™ platform couples powerful new technology with
clinical excellence, providing its patients a precise and personal level of care
through remote patient monitoring. More information about the company can be
found at www.cadence.care.

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