Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Back Pain Management Experts raise £250,000 from The Capital Fund

07.08.2006
The RealHealth Institute, an independent healthcare company that offers expert advice and treatment for back pain and other musculoskeletal disorders, has raised £250,000 from The Capital Fund, a £50 million venture capital fund that invests in fast-growth companies in Greater London. The company’s management team will use the new funding to build on the success of RealHealth’s thriving treatment centre in London, by opening a second centre as part of their plans to roll out a network of RealHealth treatment centres across the UK.

Founded in 2004 by Charles Pither, a former consultant pain specialist at St Thomas’ Hospital London, and John O’Dowd, a former consultant spinal surgeon at Guy’s and St Thomas’ Hospitals, the RealHealth Institute provides intensive treatment programmes for people suffering ongoing pain as the result of an injury or chronic conditions such as osteoarthritis. Patients either contact the Institute directly or are referred by GPs, hospital specialists, case managers or occupational health specialists. RealHealth has also established relationships with leading healthcare insurers, including BUPA.

To date, the RealHealth Institute has treated over 160 patients, achieving a 70 to 80 per cent success rate in helping people to make substantial changes to their physical and psychological function, enabling many to return to work and resume meaningful leisure activities. This is a comparable success rate to surgery with lower risk to the patient, and less cost and disruption.

Robert O’Dowd, Chief Executive Officer of the RealHealth Institute, said: “Spinal pain, such as low back pain and whiplash, are common conditions where the pain can be severe and often persists. Such pain is a huge cost to society as it can prevent people from leading normal lives at work and home. It is also a major cause of stress and depression – up to 50 per cent of patients attending pain clinics are clinically depressed.

Surprisingly, the reason why pain persists is not due to the severity of the injury but a host of other factors, such as the advice the person receives, their personality, their attitude to movement and pain, and subtle changes within the body, including involuntary changes in muscle tension and posture. When a person suffers persistent pain, yet tests are negative and treatment does not cure the symptoms, they often enter a vicious circle with poor sleep and high stress levels that leads to increased muscle tension, worsening pain and a spiral of increasing incapacity.”

RealHealth’s solution is to provide holistic treatment programmes that are designed to treat the whole person, not just the injury. The programmes are based on up to date best medical practice and are delivered by a medically-led interdisciplinary team of physiotherapists, psychologists, nurses and occupational therapists. Treatments include a functional restoration programme that aims to restore normal spinal function, enabling patients to return to work, and a pain management programme that helps patients develop effective strategies so that they can increase and maintain function despite ongoing pain.

Mr O’Dowd explained: “Our policy is to provide treatments where research or our own experience has proved that they work. For example, recently published research* has found that an intensive functional restoration programme is the optimum treatment for chronic back pain with the expectation that for many patients the pain will reduce substantially. This type of treatment is desperately needed and it is a tragedy that it has just not been widely available either in the NHS or the private sector.”

Mr O’Dowd commented on the fundraising process: “Our aim is to become the premier provider of intensive interdisciplinary rehabilitation services in the UK, delivering expert treatment in modern, purpose built centres in a community setting. The Capital Fund demonstrated a real understanding of our business and we are delighted that they have provided the vital finance we need to grow.”

The Capital Fund’s Investment Manager, Helen Reynolds, said: “The RealHealth Institute offers a unique and proven approach to pain management that could have a significant impact on the daily lives of thousands of people. The management team combines substantial expertise in back and musculoskeletal disorders with an innovative, holistic approach and they are well-placed to take advantage of the gap in the marketplace for intensive treatment programmes that traditional health providers are unable to offer. The Capital Fund is pleased to back their expansion plans.”

Margaret Henry | alfa
Further information:
http://www.thecapitalfund.co.uk

More articles from Health and Medicine:

nachricht Nanoparticles as a Solution against Antibiotic Resistance?
15.12.2017 | Friedrich-Schiller-Universität Jena

nachricht Plasmonic biosensors enable development of new easy-to-use health tests
14.12.2017 | Aalto University

All articles from Health and Medicine >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Error-free into the Quantum Computer Age

A study carried out by an international team of researchers and published in the journal Physical Review X shows that ion-trap technologies available today are suitable for building large-scale quantum computers. The scientists introduce trapped-ion quantum error correction protocols that detect and correct processing errors.

In order to reach their full potential, today’s quantum computer prototypes have to meet specific criteria: First, they have to be made bigger, which means...

Im Focus: Search for planets with Carmenes successful

German and Spanish researchers plan, build and use modern spectrograph

Since 2016, German and Spanish researchers, among them scientists from the University of Göttingen, have been hunting for exoplanets with the “Carmenes”...

Im Focus: First-of-its-kind chemical oscillator offers new level of molecular control

DNA molecules that follow specific instructions could offer more precise molecular control of synthetic chemical systems, a discovery that opens the door for engineers to create molecular machines with new and complex behaviors.

Researchers have created chemical amplifiers and a chemical oscillator using a systematic method that has the potential to embed sophisticated circuit...

Im Focus: Long-lived storage of a photonic qubit for worldwide teleportation

MPQ scientists achieve long storage times for photonic quantum bits which break the lower bound for direct teleportation in a global quantum network.

Concerning the development of quantum memories for the realization of global quantum networks, scientists of the Quantum Dynamics Division led by Professor...

Im Focus: Electromagnetic water cloak eliminates drag and wake

Detailed calculations show water cloaks are feasible with today's technology

Researchers have developed a water cloaking concept based on electromagnetic forces that could eliminate an object's wake, greatly reducing its drag while...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

See, understand and experience the work of the future

11.12.2017 | Event News

Innovative strategies to tackle parasitic worms

08.12.2017 | Event News

AKL’18: The opportunities and challenges of digitalization in the laser industry

07.12.2017 | Event News

 
Latest News

The body's street sweepers

18.12.2017 | Life Sciences

Fast flowing heat in layered material heterostructures

18.12.2017 | Materials Sciences

Life on the edge prepares plants for climate change

18.12.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>