Axial Exchange Inc. has won the $25,000 first prize and the promotional value that goes with it from the Department of Health and Human Services' vendor innovation contest, "Ensuring Safe Transitions from Hospital to Home."
The Raleigh, N.C.-based vendor's Care Transition Suite enables creation and execution of a transition plan via tablet and laptop computers or smartphones. The application connects first responders, emergency medical services, hospitals, physicians and health plans, providing updates and details on treatments.
The contest is part of the HHS $1 billion Partnership for Patients program, funded under the Affordable Care Act, to dramatically increase patient safety within two years. Information technologies that aid in identifying safety issues and quickly developing changes in patient health status can be used to support initiatives under the program.
HHS is offering grants totaling $500 million to community-based organizations partnering with hospitals to improve safety during care transitions. The Centers for Medicare and Medicaid Innovation Center will fund up to $500 million in additional grants to test different models of improving care, patient engagement and collaboration to reduce hospital-acquired conditions and improve care transitions.
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