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Circadia Health

Circadia Health

Health monitoring solutions for nursing facilities

About

Circadia Health offers health monitoring solutions for nursing facilities, using technology to detect vital biosignals like respiration from up to 8 feet away. This early warning system alerts healthcare providers to high-risk patients, allowing for timely interventions that can reduce hospitalizations. The company differentiates itself with a subscription-based service that provides automated reports and integrates with Electronic Medical Records (EMR) for better trend analysis. The goal is to improve patient outcomes and operational efficiency for nursing facilities.

Company Stage

Series A

Employees

51-200

Industries

Hardware, Biotechnology, Healthcare

Total Funding

$15.2M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • The early warning system can significantly reduce hospitalizations, leading to better patient outcomes and cost savings for nursing facilities.
  • Automated daily reports and continuous data-driven insights enhance operational efficiency and improve the quality of care, making Circadia Health an attractive partner for nursing facilities.
  • The subscription-based model ensures a steady revenue stream, providing financial stability and enabling ongoing innovation and service improvements.

What critics are saying

  • The reliance on nursing facilities as primary clients could limit market expansion opportunities.
  • Integration with EMR systems, while beneficial, may pose challenges in terms of data security and compliance.

What makes Circadia Health unique

  • Circadia Health's technology can detect vital biosignals from up to 8 feet away, a capability that sets it apart from traditional health monitoring systems that require direct contact.
  • The integration with EMR systems allows for detailed trend analysis, providing a comprehensive view of patient health that is not commonly available in competing solutions.
  • Their focus on elder care and nursing facilities enables them to specialize and tailor their services to meet the specific needs of this market, unlike broader healthcare technology providers.

Growth & Insights
Headcount

6 month growth

-11%

1 year growth

5%

2 year growth

24%

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