Health Recovery Solutions , a technology company that provides remote patient monitoring for leading health systems, today announced closing $10 million in growth financing led by Edison Partners.
HRS has gained national attention for its clinical success in reducing hospital readmissions and commitment to improving outcomes for both patients and health systems. The platform comprises tablet-based patient monitoring software and a web portal for clinicians to effectively view and manage patient data. The company also provides patient support and logistics management.
"Hospital readmissions cost the U.S. $41 billion annually as chronic disease management continues to challenge the healthcare system. Our platform is a fundamental tool for reducing the cost of care and readmissions," said Jarrett Bauer, co-founder and CEO, HRS. "Edison Partners brings a wealth of expertise in healthcare technology and we look forward to their leadership as we accelerate the development of new products and services. Our long-term ambition is to positively impact and reduce readmission rates for millions of patients, and with the help of Edison Partners, we are now one step closer to this goal."
Since its founding in 2012, HRS now has more than 140 Health Systems as clients and has helped nearly 100,000 high-risk patients with multiple chronic diseases. HRS has leveraged its strong results to help its customers forge relationships and reimbursement programs with over 20 payers. Bauer cofounded the company with Rohan Udeshi and Dan Priece as a graduate student at Johns Hopkins after his grandmother was readmitted to the hospital with heart failure.
"Health Systems are looking for ways to improve patient outcomes as healthcare shifts to value-based economics. HRS offers a proven technology that reduces readmissions by helping patients be proactive in their own disease self-management," said Gregg Michaelson, Partner, Edison Partners, who led the investment and will join the HRS board. "CEO Jarrett Bauer and the management team have made HRS synonymous with innovation at the nation's most recognized medical centers and are well-prepared to scale their platform to meet the self-managed patient care needs of the wider healthcare system."
Over the past year, HRS has seen 75% year-over-year growth and expanded its product line to provide patients, clinicians, and caregivers with a three-tiered approach to patient care. The company was listed on the 2019 Inc. 5000 list of America's fastest-growing private companies.
About Health Recovery Solutions
Health Recovery Solutions (HRS) supplies leading health systems with the most advanced remote monitoring platform and technology-enabled management services focused on changing patient behavior to reduce readmissions and improve clinical outcomes. HRS' disease-specific telehealth solutions are customized with educational videos, care plans, and medication reminders while also integrated with Bluetooth peripherals to engage patients. For clinicians, HRS' software allows for the management of high-risk patients and provides seamless communication with them through video chat, wound imaging, and text messaging. For family members and caregivers, HRS' software gives them the ability to be fully involved in their family member's care and well-being.
“医院的再入院每年花费410亿美元，因为慢性病管理继续挑战医疗保健系统。我们的平台是一个基本的工具，以减少护理成本和重新入院，” JarrettBauer ，联合创始人兼首席执行官，人力资源服务。“爱迪生合作伙伴在医疗保健技术方面带来了丰富的专业知识，我们期待着他们的领导，因为我们加快了新产品和服务的开发。我们的长期目标是积极影响和减少数百万患者的再就诊率，在爱迪生伙伴的帮助下，我们现在离这个目标更近了一步。”
自2012年成立以来， HRS 目前已拥有140多家健康系统公司作为客户，并帮助近10万名患有多种慢性疾病的高风险患者。HRS 利用其强大的结果帮助其客户与20多个付款人建立关系和报销计划。Bauer 和 Rohan Udeshi 和 Dan Priece 一起在 Johns Hopkins 当研究生，因为他的祖母因心力衰竭被送往医院。
“随着医疗保健向基于价值的经济转变，卫生系统正在寻找改善患者结果的方法。Edison Partners 合伙人格雷格•迈克尔森( Gregg Michael son )表示：“ HRS 提供了一种经过验证的技术，可以帮助患者积极主动地进行疾病自我管理，从而减少重新入院的风险。”首席执行官 Jarrett Bauer 和管理团队使 HRS 成为美国最受认可的医疗中心创新的代名词，并准备好扩展他们的平台，以满足更广泛医疗系统的自我管理的病人护理需求。
在过去的一年中， HRS 实现了75%的同比增长，并扩大了其产品线，为患者、临床医生和护理人员提供了三级的病人护理方法。该公司在美国增长最快的私有公司的2019年公司5000名单上上市。
健康恢复解决方案（ HRS ）为领先的健康系统提供最先进的远程监控平台和技术支持的管理服务，重点是改变患者行为，以减少重新入院和改善临床结果。HRS 针对疾病的远程保健解决方案是定制的教育视频，护理计划和药物提醒，同时也与蓝牙外围设备，以吸引病人。对于临床医生来说， HRS 的软件允许管理高风险患者，并通过视频聊天、伤口成像和文字信息与他们提供无缝的沟通。对于家庭成员和照顾者， HRS 的软件给予他们充分参与家庭成员的照顾和福利的能力。