
Health Recovery Solutions
Health Recovery Solutions develops a cloud-based warning system to help users reduce readmissions for hospitals and ACOs..
Date | Investors | Amount | Round |
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- | investor investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
$70.0m | Series C | ||
Total Funding | 000k |
USD | 2017 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
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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.