#USA #Atlanta #SteelSky Ventures #Google Ventures #myLaurel

Transforming Acute Care at Home

In a significant step toward enhancing the landscape of home healthcare, SteelSky Ventures has spearheaded a new investment round in myLaurel, an innovative company that redefines how acute and transitional care is delivered at home. This investment brings together key players in the healthcare space, joining Deerfield Management and Google Ventures, who have previously supported myLaurel's mission.

Addressing Growing Healthcare Challenges

As the healthcare system grapples with increasing patient volumes in emergency departments and a dwindling workforce, myLaurel presents a compelling solution. The company has developed a scalable, technology-driven model that enables health systems to deliver high-acuity hospital-level care directly to patients in their homes. This model is not just a response to the current healthcare challenges but a transformative approach that aligns with hospital protocols and incentivizes positive outcomes.

At the core of myLaurel's operations is its advanced, AI-powered infrastructure, which orchestrates transportation logistics, documentation, and virtual physician oversight. This facilitates rapid responses to patient needs, adherence to standardized care protocols, and ultimately, measurable outcomes that benefit health systems in a tangible way.

Proven Success in Key Markets

Currently, myLaurel operates in several prominent U.S. cities, including New York City and New Orleans, where it has established partnerships with leading health systems such as Ochsner Health, LCMC Health, and Maimonides Medical Center. The results have been promising: myLaurel reports a remarkable 49% reduction in hospital readmissions and boasts a 6-to-1 return on investment for its hospital partners. Additionally, patient satisfaction scores consistently exceed 90 on the Net Promoter Score (NPS), highlighting both the clinical effectiveness and financial viability of the model.

Maria Toler, the founding and managing partner at SteelSky Ventures, expressed her enthusiasm about the investment, stating, "myLaurel is transforming one of the most complex areas of healthcare delivery by creating a scalable, data-driven model for hospital-level care at home. The team helps hospitals extend their reach and deliver safer, more personalized care, and we are thrilled to support them in bringing their service to scale nationwide."

Strong Leadership Driving Growth

At the helm of myLaurel, CEO Juan Vallarino brings a wealth of experience in healthcare operations and technology integration. Under his leadership, and with the expertise of President and Chief Medical Officer Marcy Carty, MD, the company is well-positioned to expand its reach while maintaining high standards of clinical care. Together, they aim to effectively implement myLaurel's services with a commitment to quality and patient satisfaction at the forefront.

Vallarino elaborated on myLaurel's mission, saying, "Our mission is to help hospitals deliver the right care, in the right place, at the right time. With SteelSky's partnership and vision, we are positioned to expand rapidly while maintaining the high standards of clinical quality and patient experience that define our work."

Looking Ahead

With this latest round of investment, myLaurel anticipates an accelerated rollout of its services across the nation, further enhancing access to quality healthcare for patients in their homes. The collaboration aims to not only expand the reach of myLaurel but also to ensure that healthcare providers can deliver the best possible care to their patients in a comfortable and familiar environment. As the healthcare landscape continues to evolve, initiatives like this represent a vital step toward addressing the needs of patients and providers alike.

SteelSky Ventures remains committed to harnessing the power of technology and innovation to transform healthcare delivery. With myLaurel leading the charge in home-based acute care, the future of healthcare is not just in hospitals, but within the homes where patients reside and thrive.

For more information about SteelSky Ventures and their innovative work in healthcare, visit SteelSky Ventures and to learn more about myLaurel, check out myLaurel Health.