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Red Cell Partners Launches Savoy Life, A Virtual Healthcare Platform For Long-term Care
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Red Cell Partners, an incubation firm focused on building rapidly scalable technology-led companies in the national security and healthcare sectors, has announced $3 million in pre-seed funding for Savoy Life. Savoy Life is a virtual care coordination and delivery platform designed to enhance care quality and accessibility for seniors and adults with disabilities residing in residential community care facilities.
Savoy Life's primary goal is to address the increasing demand on the healthcare system caused by more than 10,000 seniors transitioning to Medicare daily. This demand, coupled with decreasing access to primary care services, poses significant challenges. To counter these challenges, Savoy Life has been developed as a scalable solution that empowers community managers, caregivers, and those closely associated with residents to provide high-quality, personalized care. The platform offers a range of virtual services aimed at improving the standard of care in thousands of residential care communities across the United States.
Grant Verstandig, the Founder, Chairman, and CEO of Red Cell, emphasized the critical ...
... need for innovative solutions to address the growing demands on the healthcare system. Savoy Life is positioned to fill this gap by partnering with residential long-term care communities to enhance occupancy rates, length of stay, healthcare access, and overall quality of life for residents.
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