We continue our Pride & Purpose Postcard highlighting two portfolio companies and their contributions during this pandemic. While some are helping medical professionals and patients, others are focused on helping businesses and sustaining the economy. This week, we applaud the efforts of PurpleLab and Overhaul.
PurpleLab, a global leader in the aggregation of healthcare insights, leveraged its extensive claims repository and its medical terminology platform, HealthNexus, to risk-adjust the U.S. population by geography for adverse outcomes related to COVID-19 infection. The company then analyzed capacity measures, including hospital and ICU beds and physicians intensivists (physicians with experience in managing ventilator dependent patients), to provide an understanding of potential hotspots for increased risk of ventilator need, reduced chance of recovery, and mortality relative to the aforementioned capacity-to-treat measures. Click here to find out more.
" The idea of social distancing was to "flatten the curve" of COVID-19 infections so that our health systems would not get overrun with demand for ventilators, etc. But the population is not homogenous. So, we risk adjusted the population for demand relative to capacity-to-treat measures or supply. In doing so, we provide a view of potential local hotspots for strategic planning and tactical resource allocation. We had the data and the means so it would have been both unpatriotic as well as inhumane not to do our part. We hope we made a timely contribution."
Mark Brosso, Founder & CEO
For the duration of the COVID-19 pandemic, Overhaul is providing free access to its platform's insights to keep supply chains running. This will provide companies with insight into everything from flight delays and port closings to border crossing delays and extreme weather conditions, as well as COVID-19 case rate changes. In addition, Overhaul has partnered with PurpleLab to integrate pre-existing condition patient data to help emergency planners accurately predict where emergency response supplies and materials should be positioned. Click here for more information.
" Now more than ever, supply chain security and risk management is a top priority. Being able to see the daily number of active infections, and if rates are dropping or rising offers an added level of insight into potential disruptions. "
Barry Conlon, Founder & CEO
Did you miss our previous postcards?