Health Recovery Solutions

Health Recovery Solutions

Provides remote patient monitoring solutions

About

Health Recovery Solutions provides remote patient monitoring solutions to healthcare organizations, helping them manage patient care from a distance. Their main product, PatientConnect®, is a customizable kit that allows patients to monitor their own health, enabling healthcare providers to oversee a large number of patients remotely. This system integrates with electronic health records (EHR), allowing for real-time data updates and reducing paperwork for healthcare providers. HRS stands out from competitors by offering reimbursement support, with a dedicated team that assists healthcare organizations in navigating the reimbursement process. The goal of HRS is to improve patient outcomes and lower healthcare costs through effective remote monitoring and support services.

Company Stage

Series C

Employees

51-200

Industries

Enterprise Software, Healthcare

Total Funding

$81.8M

Headquarters

N/A

Founded

2012


Simplify Jobs

Simplify's Take

What believers are saying

  • HRS's appointment of experienced leaders like Jason Comer and Alan Bugos signals strong leadership and potential for continued innovation.
  • The company's recognition by Frost & Sullivan and consecutive Best in KLAS awards highlight its industry leadership and customer satisfaction.
  • The launch of HRS Analytics demonstrates a commitment to leveraging data for operational efficiency and improved patient outcomes.

What critics are saying

  • The telehealth market is highly competitive, requiring HRS to continuously innovate to maintain its market position.
  • Integration of new technologies and leadership changes could pose challenges in maintaining consistent service quality.

What makes Health Recovery Solutions unique

  • HRS's PatientConnect® offers a customizable remote patient monitoring kit, setting it apart from more generic telehealth solutions.
  • Their EHR integration feature optimizes workflows and reduces redundancy, providing a seamless experience for healthcare providers.
  • HRS's in-house reimbursement support team helps clients navigate complex reimbursement processes, a service not commonly offered by competitors.

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Growth & Insights
Headcount

6 month growth

-17%

1 year growth

-5%

2 year growth

-3%

Benefits

Flexible PTO

Company-sponsored events

Medical, dental, and vision plans (100% covered options)

3 months paid parental leave

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