Announcing Exclusive INTERACT® License Agreement
Pathway Health announces they have entered into an exclusive licensing agreement with Florida Atlantic University (FAU) to provide INTERACT® training, education, management, consulting services, including INTERACT™ 4.0 for Skilled Nursing Facilities, INTERACT™ 1.0 for Assisted Living and INTERACT™ 1.0 for Home Health. Under the terms of the agreement Pathway Health will also be sub-licensing the copyrighted INTERACT™ 4.0 and INTERACT™ 1.0 systems to entities such as Electronic Health Record providers and other technologies that want to incorporate INTERACT into their product offerings.
“Our nearly 20 years as a proven resource to the health care field, coupled with our insight, expertise and knowledge in the post-acute care continuum were the reasons that FAU selected Pathway Health as the exclusive company with the right to license and provide training, education and expertise to providers implementing INTERACT,” said Pathway Health Chief Executive Officer Peter B. Schuna.
INTERACT® (Interventions to Reduce Acute Care Transfers) is a quality improvement program that focuses on the management of acute change in patient condition. It includes clinical and educational tools, strategies to implement them, and related educational resources.
“Even though the INTERACT quality improvement program is publicly available, effective implementation and ongoing training are key to substantially reduce unnecessary interventions, as well as complications and costs associated with these interventions,” said FAU Vice President for Research Daniel C. Flynn, Ph.D.
Through this agreement, Pathway Health will continue to leverage their expansive network of consultants and strategic partners to help reduce hospital readmission rates and improve overall efficiencies.
“Pathway Health’s expert consultants will collaboratively assist hospitals, skilled nursing and assisted living facilities, home care companies and accountable care organizations improve the quality of care by providing key insights and training to support providers’ value-based care initiatives,” commented INTERACT creator Joseph G. Ouslander, M.D.
To learn more about how to effectively implement INTERACT or becoming a strategic partner, contact Peter Schuna at 877-777-5463.