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DateInvestorsAmountRound
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$70.0m

Series C
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2017
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Company filings or news article

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More about Health Recovery Solutions
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Health Recovery Solutions (HRS) is a leading provider of remote patient monitoring solutions, serving over 400 healthcare organizations. The company operates in the telehealth market, which has seen significant growth due to the increasing need for remote healthcare services.

HRS offers a comprehensive suite of remote care solutions, designed to improve patient outcomes and reduce healthcare costs. Their primary product, PatientConnect®, is a customizable remote patient monitoring kit that empowers patients to manage their own health. This technology allows healthcare providers to monitor a large number of patients remotely, whether it's 100 or over 1,000.

In addition to remote patient monitoring, HRS also offers EHR integration. This feature enables healthcare providers to optimize their workflows, enroll patients, and enrich their electronic health records with real-time data. This integration reduces redundancy and duplicate documentation, streamlining the process for healthcare providers.

Another key aspect of HRS's business model is their reimbursement support. They have a team of in-house specialists who guide healthcare providers through the process of claiming reimbursement from various sources, including CMS, commercial payors, partners, and private pay sources.

HRS generates revenue by selling their remote patient monitoring solutions to healthcare organizations. They also offer support and advisory services to ensure the success of their clients' remote patient monitoring programs.

In summary, HRS is a key player in the telehealth market, providing comprehensive remote patient monitoring solutions and support services to healthcare organizations.

Keywords: Remote Patient Monitoring, Telehealth, Healthcare Organizations, PatientConnect®, EHR Integration, Reimbursement Support, Clinical Advisory, Healthcare Technology, Electronic Health Records, Patient Care.

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