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*Driving Forces: Market Research, Intelligence, Analysis, Datapoints, Databases & Trends
*Driving Forces: Medical Devices & Technology (Technology)
*Driving Forces: Telemedicine,Telehealth, Mobile Health, mHealth, Virtual, Digital Health, DTx (Digital Therapeutics)
*Driving Forces: Telemedicine,Telehealth, mHealth & Home Health (Sectors)
*Driving Forces: Primary Care, Chronic Disease, Wellness, Weight Loss, Obesity, Coordinated Care
*Driving Forces: Health Systems, Plans & Policy_MEDICARE/MEDICAID, Affordable Care Act (ACA), FQHCs, Medical Home, ACOs, Healthcare Delivery, Hospitals & Health Insurance
2013: 6 companies cashing in on Obamacare
Health Recovery Solutions
Organization & Developments: Health Recovery Solutions
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Health Recovery Solutions
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*Health Recovery Solutions helps reduce readmissions (Congestive Heart Failure, Heart Attack, Pneumonia, Diabetes, COPD) for hospitals and ACOs through a mobile and cloud based early warning system.
2021: The healthcare company has deals with over 220 U.S. healthcare systems—74 of which signed on as clients of HRS during the pandemic—with over 20,000 nurses checking HRS logs every day.
All of this patient data is stored in a cloud for clinicians, making it easier to recognize prognosis patterns and health trends.
At the end of each video there's a short quiz
By implementing HRS, major healthcare systems like Penn Medicine have reduced 30-day readmission by over 50% for all heart failure patients, while FirstHealth of the Carolinas says the technology has saved patients more than $1.9 million since its implementation in 2016.
Early warning system for providers could reduce patient re-admissions for heart failure (2012)
Helps hospitals cut their readmissions.
HRS recognizes the varying levels of sickness and technological ability of patients, so the company’s products range from a pulse oximeter for the sickest, while near-recovered patients can manually enter symptoms on HRS’ smartphone app.
Once the patient goes home, they use the tablet to record -- and transmit to their care team -- the medication they take, their weight, their activities and any side effects they experience.
The Answers Allow the Hospital Staff to Determine that Patient's Educational Needs.
The company makes money by billing clinical institutions on subscription to integrate their solutions in treatment, coming at no additional cost to patients.
Through HRS, hospitals give patients with the highest risk of readmission a tablet preloaded with educational videos and information about what they need to do to stay out of the hospital.
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*Key People: Health Recovery Solutions
Finance & Acquisitions: Health Recovery Solutions