TSG Innovation Lab Partners with Nymbl to Reduce Patient Falls

The TSG Innovation Lab sent out the following press release today. We’re excited to be partnering with them!

“The TSG Innovation Lab is excited to announce its strategic partnership with Nymbl Science, a digital health company specializing in fall prevention, the number one sentinel event as reported by The Joint Commission. Combining medical science and mobile technology, Nymbl’s patented application measures, tracks and improves reflexive balance in the elderly population.

Ed Likovich, Nymbl’s CEO, commented: “We all have a personal example of how a fall has significantly impacted a loved one’s life; in fact, I lost my Grandfather to a fall. Through this exciting partnership with the TSG Innovation Lab, we will greatly increase our reach to seniors throughout the U.S. Most falls are preventable; no one should have to receive the call that their loved one has had a catastrophic fall.”

Using Nymbl’s cloud-based mobile application, patients complete a risk assessment based on research supported by the American Geriatrics Society and the British Geriatrics Society. Nymbl generates a balance score identifying fall risk areas for each patient and automatically assigns a customized training program to improve their reflexive balance, to move them out of the high fall risk category. Early adopters of this new technology have realized a reduction in their patient fall profile by up to 50%.

Nymbl will be joining other strategic partners of the TSG Innovation Lab, a recently established business unit within The Sullivan Group (TSG). “We are very excited that Nymbl has joined the TSG Innovation Lab,” stated Dan Sullivan, MD, JD, President and CEO of TSG. “Preventing patient falls has always been an important part of patient safety. Unfortunately, patient falls remain one of the leading causes of litigation in the aging services community. We are optimistic that Nymbl’s scalable solution to improve the reflexive balance in millions of elderly patients will greatly reduce the number of patient falls across the globe.”

The TSG Innovation Lab meets monthly with its strategic partners and quarterly with TSG’s Leadership Team to evaluate and assess potential new strategic partners. If you’d like to learn more about opportunities to partner with the TSG Innovation Lab or Nymbl, please contact us at innovation@thesullivangroup.com.

About Nymbl Science
Nymbl’s mission is to prevent 1 million falls among older adults. Nymbl achieves high engagement by giving older adults a fun experience in only 10 minutes a day using an approach that directly improves an individual’s ability to sense and react to the everyday stimulants that could result in a fall. This approach is called dual-tasking, which combines cognitive and physical exercise into an engaging daily program delivered through a smartphone or tablet. The Nymbl intervention is designed to remove the barriers of cost and scalability, making it the ideal population health solution for the problem of falls among older adults.

About TSG Innovation Lab
TSG has worked with over 1,000 acute care facilities; it has been used by 95,000 clinicians, and it has an impact on over 20 million patient visits annually. TSG’s RSQ® Solutions platform is used by some of the nation’s largest hospital systems to successfully reduce adverse outcomes. The TSG Innovation Lab partners with organizations in the healthcare technology space, resulting in co-development of new products and greater exposure to solutions that impact patient safety and improve patient outcomes and patient experience.”

For more information, you can see the original release here.

Kaiser on Falls: “Doctors Could Do More To Reduce The Risk.”

The number of falls for people over 65 is increasing despite best efforts to prevent them. Giving older adults a long to-do list of ways to improve their balance is disengaging and unsuccessful, according to Kaiser.  Kaiser Health News addresses what needs to be changed in senior care to actually prevent falls.

Kaiser concludes “Older adults worried about falling typically receive general advice: Take an exercise class. Get your vision checked. Stop taking medications for sleep. Install grab bars in the bathroom. … That sort of advice hasn’t proved to be very effective: Nearly three times more adults age 75 and older died from falls in 2016 than in 2000, according to a recent report in the Journal of the American Medical Association.”

Kaiser’s recommendations are:

  • Get a Fall Risk Assessment
  • Get a Personalized Plan
  • Be careful during transitions, especially after a hospital stay

They also conclude that doctors should communicate to older adults in a supportive, non-patronizing way that with language that reinforces the importance of independence, not fear of falling.

Nymbl offers a webinar about why fall prevention hasn’t worked. We encourage you to sign up to learn what Nymbl is doing to prevent falls.

Aaron Duke Joins Nymbl Management Team as VP of Product

We are excited to announce that Aaron Duke (Linkedin) is joining Nymbl as VP of Product. Most recently, Aaron was employee #4 at CirrusMD and brings a skillset that will be essential for our healthcare payer launches.

Aaron’s primary initial focus will be to make sure that Nymbl’s product line is ready for the January 1 launch of Nymbl with our Medicare Advantage partners, and to strategize and execute on a successful launch and engagement strategy.

Aaron is active in the Denver startup community as the Product Track Chair at Denver Startup Week and as an instructor for General Assembly. He has multiple degrees in environmental sciences from (naturally) Duke University, where he also played center on the football team.

Please welcome Aaron to this important role as we continue to grow our impact in the Healthcare industry.

Rockies Venture Club Leads Nymbl Seed Financing Round

Nymbl has closed the first round of its Series Seed Financing Round, which exceed the target. The round was led by the Rockies Venture Club (RVC), a Denver-based Angel Club that is the longest tenured in the United States.

This new capital, which is authorized up to $1.4 million, will be used to build the sales and customer experience teams, and bolster the tech team as the company continues to scale to reach its goal of preventing one million falls.

“We are excited to have the capital to accelerate our growth trajectory in both Senior Living and Healthcare, which are really beginning to take off”, commented Ed Likovich, CEO of Nymbl, “RVC has been a great lead for our Seed Round.  They have an excellent process that allowed us to meet literally hundreds of qualified angel investors, and have introduced us to investor syndicates all over the country. We are happy that the bulk of this round came out of Colorado.”

Nymbl Science adds Emma Bunch to Business Development Staff

DENVER, June 15, 2019 — Nymbl is excited to announce the appointment of Emma Bunch to its sales team as a Junior Business Development Representative. Emma will focus on educating operators and providers about Nymbl’s patented dual-tasking approach to falls prevention in senior living communities worldwide, and how implementing Nymbl can significantly decrease the fall risk of members in a community.

Emma joined Nymbl Science’s team this Spring through a 6 week internship where she displayed a passion in preventing the trauma seniors experience when they fall, as well as a great ability to understand the needs of Senior Living Communities. “I am incredibly excited to join the Nymbl Team full time as we continue to revolutionize balance training and fall prevention! My background in physiology and business will be a great addition to an already talented and passionate group of people.” says Emma.

In her position, Emma will be focusing on the Senior Living Communities by:

  • Building relationships with senior living communities whose values align with our efforts in fall reduction.
  • Creating educational information and opportunities for prospects to learn more about dual-tasking and its role in reducing fall risks.

Ed Likovich, CEO of Nymbl Science, commented “We are thrilled that someone as talented as Emma is joining Nymbl. We are confident that her passion for older adults coupled with her terrific skill set will move us closer to our mission of preventing 1 million falls .”

About Nymbl Science

Nymbl combines medical science and mobile technology to measure, track and improve balance. The Nymbl Balance Improvement System trains reflexive balance through dual tasking exercises delivered via patented smartphone technology. Nymbl achieves high engagement by giving older adults a fun experience they can do anywhere, in only 10 minutes a day. The Nymbl intervention is low cost and requires minimal human intervention, making it the ideal population health solution for the problem of falls among older adults.

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First Light and Nymbl Partner to help prevent 1 million falls

fiWe are proud to announce FirstLight Home Care, known as one of the county’s most innovative home care companies, has joined the Nymbl family in the mission to prevent 1 million falls in Colorado, Northwest Houston, and Chicago.

Through the partnership, Nymbl’s patented Dual-Tasking Balance Improvement program is integrated into the plan of care for FirstLight’s clients, and offered as part of the standard daily visits. The program takes only 10 minutes and adds fun to the visits through the engaging trivia, word games, and other cognitive challenges offered via Nymbl’s training app.

Nymbl launches with PARC Retirement Living

Nymbl is excited to partner with PARC Retirement Living to bring our award winning Falls Prevention program to their Independent Living Communities.  PARC is integrating Nymbl’s system in their 5 communities in Vancouver and Western Canada and Nymbl will be a key service in their new communities as they launch.

parc retirement communities

Nymbl fits well with PARCs goal of creating communities  that are “inspiring living spaces where residents come to live well, stay active and engage with a vibrant community of like-minded people”. Balance is a critical foundation to achieving this goal, and Nymbl will be offered daily to all residents in fun, easy to attend classes as well as in-home via our Nymbl Training App on their smartphones.

Jacqueline Omstead, Director of Operations at PARC, commented about the Nymbl partnership, “We are proud to be the first Canadian senior living group to have Nymbl and it proves our continued commitment to wellness and solves real problems for us”

Nymbl receives patent for dual-task balance evaluation and training!

Nymbl received word in April that we have been approved for a patent  by the US Patent office! This patent number 10,376,739 covers the use of dual-task balance evaluation and training delivered by a smart device such as a smartphone or tablet.

“We are thrilled that the US Patent office has officially recognized the brilliance of dual-task balance training and the profound impact it is having on Nymbl users worldwide.  We couldn’t be happier that our processes are now protected under patent”, said Ed Likovich, CEO of Nymbl Science.

Nymbl adds Vice President of Sales

George Karakatsanis joins Nymbl Science’s leadership team

Nymbl is excited to announce the appointment of George Karakatsanis to its management team as VP of Sales. George will focus on accelerating Nymbl’s strong momentum delivering its patented dual-tasking falls prevention system in senior living communities worldwide.

George Karakatsanis has joined the Nymbl Science’s team through a shared passion in preventing the trauma seniors experience when they fall. “I have seen firsthand the impact a simple fall can have on not just a resident but on their community and families as well. Nymbl not only has the first truly scalable falls prevention program, older adults love it and are thrilled when their communities adopt it. It is exciting to be a member of this team that is truly making a difference in older adults’ lives.” says George.

In his position, George will help Senior Living Communities:

    • Creatively implement and leverage Nymbl Science in their specific community.
    • Deliver Nymbl Science thought leadership to this pervasive challenge industry wide.
    • Help change the discussion from fall prevention to delivering freedom to our seniors through increased balance and mobility.

Ed Likovich, CEO of Nymbl Science, commented “We are thrilled to have George join our team. His passion for our mission combined with his deep experience in the senior living space moves us a significant step closer to preventing 1 million falls. With George onboard, we now have the bandwidth to expand nationally and internationally.”