After losing his Holocaust-survivor dad as a result of three medical errors at a US academic hospital, Raphael Rakowski was driven to start Medically Home. Trained as an engineer who then successfully launched a few prior companies, Raphael was prepared to try to address the problem of high fixed cost burdens at medical facilities that he felt affected quality of care. He and his co-founders started Medically Home almost 13 years ago with the vision to provide high acuity, complex care, in a home setting. Thankfully, after some behind-the-scenes backing from Mayo Clinic, a momentous decision by CMS to provide a reimbursement code for their care model, and a boost in demand for out-of-hospital care during Covid, the company has recently really taken off. Tune into this episode to learn more about Medically Home’s technology and patient experience, as host Steve Krupa chats with Raphael about the company’s business model, tipping point, traction gained with both patients and providers, and future.
Executive Chairman & Co-Founder
Raphael Rakowski has devoted his career to transforming and transcending the ways in which companies provide essential services to the public, particularly in the healthcare industry. Raphael is a life-long entrepreneur, and his knowledge and expertise extends into sectors such as healthcare, consumer products, and renewable energy. In 2000, Raphael was the President of American Healthways, a Share care company, which focuses on using behavior change to track a person’s health. Following this, Raphael founded SAMI (Show All Medical Information) in 2010, a company designed to use modern healthcare technology to provide a simple search platform for families and their doctors. Raphael was also a co-partner at Intersection Partners, a group that helps launch and operate healthcare service companies. Raphael is now currently the co-founder and executive chairman of Medically Home, a company revolutionizing healthcare by providing hospital-level care for high-acuity patients in the comfort of their own homes. Through a combination of 24/7 virtual monitoring and in-person home visits, patients in Medically Home have higher rates of positive outcomes and lower readmission rates than traditional hospital patients