MediTelecare

MediTelecare

Telehealth services for behavioral health care

About

MediTelecare provides behavioral and mental telehealth services specifically for residents in skilled nursing and assisted living facilities. The company connects residents with a team of experienced clinicians, including psychologists, nurse practitioners, psychiatrists, and clinical social workers, through advanced televideo technology. This allows residents who may not have access to specialized care to receive the support they need from the comfort of their facilities. Unlike many competitors, MediTelecare focuses exclusively on the elderly population, ensuring that their clinicians are dedicated to making a positive impact in this demographic. The goal of MediTelecare is to enhance the mental health and well-being of elderly residents by providing accessible and specialized telehealth services.

Company Stage

M&A

Employees

51-200

Industries

Consumer Software, Healthcare

Total Funding

N/A

Headquarters

Middletown, Connecticut

Founded

1979


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Simplify's Take

What believers are saying

  • Growing demand for telehealth in rural areas boosts MediTelecare's service reach.
  • Medicare and Medicaid's expanded telehealth reimbursement policies increase potential revenue.
  • AI-driven diagnostic tools enhance MediTelecare's remote psychological evaluations.

What critics are saying

  • Increased competition from new telehealth startups threatens MediTelecare's market share.
  • Potential Medicare reimbursement policy changes could negatively impact revenue.
  • Data privacy concerns may lead to stricter regulations, raising operational costs.

What makes MediTelecare unique

  • MediTelecare specializes in mental health services for rural nursing home residents.
  • The company offers a comprehensive range of psychological and cognitive evaluations.
  • MediTelecare partners with educational institutions for advanced training in telehealth.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%

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