Jarrett Bauer, a graduate of the Johns Hopkins Carey Business School's charter Global MBA program in 2012, has been named to Forbes magazine's "30 Under 30" list in the area of health care entrepreneurship.
Image caption: Jarrett Bauer
Image credit: Forbes
Bauer, 29, is a co-founder of Health Recovery Solutions, a firm that works with hospitals to help patients with high risk of readmission avoid return visits.
"Bauer watched his grandmother, who suffers from heart failure, ping-pong in and out of the hospital," Forbes wrote. "His startup Health Recovery Solutions offers patients a customized computer tablet. In a 50-patient randomized controlled study at two hospitals, it seemed to reduce hospitalizations by two thirds. HRS has booked $4.2 million in sales and raised $1.8 million."
In 2013, CNN Money identified Health Recovery Solutions as one of "6 companies cashing in on Obamacare":
Through HRS, hospitals give patients with the highest risk of readmission a tablet preloaded with educational videos and information about what they need to do to stay out of the hospital. At the end of each video there's a short quiz; the answers allow the hospital staff to determine that patient's educational needs. Once the patient goes home, they use the tablet to record -- and transmit to their care team -- the medication they take, their weight, their activities and any side effects they experience.
The Forbes "30 Under 30" health care cohort was selected by panelists Bob Kocher, who helped craft the Affordable Care Act and whose investments aim to fix the health care system; Steven Nissen, the past president of the American College of Cardiology and author of 350 scientific papers; and Vivek Ramaswamy, an alumnus of the Forbes "30 Under 30" list who is responsible for one of the biggest IPOs in biotech history and who works to help drug developers get their products to market.
Tagged alumni, entrepreneurship
