VitalTech

VitalTech

Enhancing quality of life for patients through Virtual Care, Smart Wearable Devices and Remote Patient Monitoring.

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VitalTech, established in 2018 by Chad Toups and James Hamilton, operates in the digital health sector, offering a comprehensive virtual care platform. The company's genesis is tied to the founders' backgrounds; Chad Toups has a history in healthcare technology and business development, while James Hamilton brings experience from the telecommunications and technology industries, creating a foundation for a robust remote patient monitoring solution.

The firm's core business revolves around providing a white-label, HIPAA-compliant telehealth platform that connects patients with their care teams. VitalTech serves a diverse client base, including health systems, accountable care organizations (ACOs), managed care organizations (MCOs), and physician practices. Its revenue model is centered on a subscription-based service for its platform, which is designed to automate clinical workflows, enhance patient safety, and optimize reimbursements for healthcare providers.

The product suite is anchored by VitalCare, a patient-facing application that can be used on a provided tablet or the patient's own device. This application facilitates remote monitoring of vital signs through connected medical devices, tracks medication and nutrition, and engages patients with educational materials. Communication between patients and providers is enabled through secure messaging, audio, and video calls. For providers, the VitalCare Admin portal offers a dashboard to monitor patient data in real-time. A key feature within this portal is VitalTech Insights, a tool for generating customizable reports and analyses from the collected patient data. Additionally, VitalTech Care+ automates workflows to improve efficiency in delivering virtual care.

To address the social determinants of health, the company also offers VitalCare Family, an application that allows family members to connect with the patient, providing social support and helping to ensure adherence to care plans. This multi-faceted approach aims to improve health outcomes and lower the cost of care by enabling continuous remote engagement and monitoring.

Keywords: virtual care, telehealth, remote patient monitoring, digital health, patient engagement, healthcare technology, chronic care management, HIPAA-compliant, accountable care organizations, mHealth

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Investments by VitalTech

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Breezie
ACQUISITION by VitalTech Feb 2020