Owlet and Wheel Establish Virtual TeleHealth Services Platform

Owlet Inc. has formed a strategic partnership with Wheel Health Inc. to provide caregivers of infants with timely prescriptions for BabySat, Owlet’s U.S. Food and Drug Administration-cleared infant pulse oximeter.
 
Annually, more than 450,000 babies transition home from the neonatal intensive care unit (NICU).¹ Further, congenital heart disease (CHD) affects 40,000 babies² annually in the United States and an estimated 58,000-80,000 children under five with respiratory syncytial virus (RSV) require hospitalization.3 BabySat, featuring Owlet’s signature wire-free sock design, empowers caregivers to more effectively monitor their baby’s health and collaborate with healthcare providers to ensure optimal care.
 
“Home monitoring plays a pivotal role in safeguarding at-risk infants by improving access to health services,” said Jim Fidacaro, Owlet senior vice president and general manager of Healthcare. “Owlet, in partnership with Wheel, can now enable parents to obtain prescriptions for BabySat directly via Wheel’s online portal and network of physicians. With a prescription, caregivers will then be able to order BabySat at little to no cost with insurance reimbursement.”
 
The BabySat virtual telehealth services platform, managed and powered by Wheel, also integrates with durable medical equipment (DME) suppliers who accept and can bill for the product through many insurance providers, who may offer up to 100% reimbursement for BabySat. This new, streamlined process makes advanced monitoring even more accessible by significantly reducing the effort and time needed to secure BabySat and get reimbursed through insurance or HSA/FSA.
 
“We’re thrilled to announce our strategic partnership with Owlet, a leader in smart infant monitoring. This collaboration marks a significant milestone in our mission to expand healthcare access and simplify care delivery for all Americans — especially for growing families,” Wheel CEO Michelle Davey stated. “Wheel’s virtual care platform helps streamline access to home monitoring, making Owlet’s BabySat pulse oximeter more convenient for new parents than ever before.”
 
Owlet was founded by parents in 2012; its digital parenting platform aims to give parents real-time data and insights. The company is based in Lehi, Utah.
 
Wheel is evolving the traditional care ecosystem by equipping the nation’s innovative companies with a platform to deliver high-quality virtual care at scale. The firm offers proven strategies and cutting-edge technologies to foster consumer engagement, build brand loyalty, and maximize return on investment. Wheel solutions include configurable virtual care programs, an intuitive consumer interface, and access to a nationwide network of board-certified clinicians.
 
References
¹ https://publications.aap.org/pediatrics/article/144/2_MeetingAbstract/687/3792/The-Association-of-Transition-to-Home-and-Hospital?autologincheck=redirected
² https://www.cdc.gov/ncbddd/heartdefects/data.html
³ https://www.cdc.gov/rsv/high-risk/infants-young-children.html#:~:text=Each%20year%20in%20the%20United,those%206%20months%20and%20younger