Transforming Continuing Care with Team CarePal: Health Economic Modeling

Team CarePal is an integrated software platform that assists caregivers and their carees through resource and time management, task sharing, emotional well-being support, and access to measurement tools and caregiver support.

Join us online as we go through our Health Economic modeling and how it considers the Team CarePal intervention potential to lead to better care for the caree and lower costs, both through better managed and more appropriate care, as well as greater resilience and well-being for the caregiver.

From the model we will highlight:

• The potential impact of Team CarePal for people in Long Term Care.
• Compare the total cost and total health benefit of current care with the estimated benefits and costs of care utilizing Team CarePal.
• Specific health and cost outcomes for the health system, as well as other important stakeholders.

The patient cohort is all people in Canada over the age of 65 who are living in long-term care (LTC), with a specific focus on the jurisdiction of Alberta.

Team CarePal has the proposed value proposition to improve care and support a better experience for both the caregivers and the person in care.

The model will consider specifically that Team CarePal has the ability to lower the cost of care for a person in LTC, as well as increase their health, potentially even lowering the number of hospitalizations. It will also consider whether through better managed care, the implications if Team CarePal can lower the rate of admission of seniors into LTC, saving costs and improving well-being.

We will finish the meeting with question and answers for our modeler Kyle Riley from HIMA Consulting.

Modeling was done under the guidance of The ASSESS Project, created by Birota Economics Group.

The ASSESS Project, created by Birota Economics Group. has been established to re- think how life sciences technology innovators are supported with early value assessment. The ASSESS project facilitates early health technology assessment (eHTA), to provide key insights at a time when there is opportunity for innovators to make decisions that support them to focus R&D, commercialization and evidence generation efforts on those that have the highest value from the perspective of the payer and end user.

We look forward to a fuitfull discussion on how we can reimagin caring for the caregiver.