iRhythm Technologies

iRhythm Technologies

Advanced cardiac monitoring solutions provider

About iRhythm Technologies

Simplify's Rating
Why iRhythm Technologies is rated
C+
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Biotechnology

Healthcare

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2006

Overview

iRhythm Technologies specializes in cardiac monitoring solutions, primarily through its product, the Zio Patch. This wearable device allows for up to 14 days of continuous heart rhythm tracking, enabling healthcare providers to detect irregularities that shorter monitoring periods might miss. Patients who suspect heart rhythm issues can use the Zio Patch to monitor their heart activity conveniently, reducing the need for frequent office visits, which is especially important in the current telehealth environment. Healthcare providers, including cardiologists, can integrate the Zio Patch into their practices to enhance diagnostic services. iRhythm generates revenue by selling the Zio Patch and offering data analysis services that provide actionable insights based on the collected heart data. The company's goal is to improve patient outcomes and streamline healthcare workflows in the cardiac health sector.

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into Europe could significantly boost international revenue streams.
  • FDA approval of Zio AT may increase market confidence and clinical adoption.
  • Growing global market for ambulatory cardiac monitoring supports iRhythm's growth potential.

What critics are saying

  • Shareholder investigation may lead to legal and financial repercussions for iRhythm.
  • FDA warning letter could increase regulatory scrutiny and operational costs.
  • International expansion poses risks related to regulatory compliance and market entry challenges.

What makes iRhythm Technologies unique

  • Zio Patch offers up to 14 days of uninterrupted cardiac monitoring.
  • iRhythm's integration with AI enhances predictive analytics for arrhythmia detection.
  • Partnership with BioIntelliSense expands multiparameter sensor technology in cardiac monitoring.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$1084.2M

Above

Industry Average

Funded Over

9 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Mental Health Support

Hybrid Work Options

Pet Insurance

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 1%

2 year growth

↑ 1%
Life Care News
Apr 30th, 2025
iRhythm Technologies to Present at the Bank of America Securities 2025 Health Care Conference

iRhythm Technologies to present at the Bank of America Securities 2025 Health Care Conference.

ETF Daily News
Mar 26th, 2025
Cibc World Markets Corp Invests $264,000 in iRhythm Technologies, Inc. (NASDAQ:IRTC)

Cibc World Markets Corp invests $264,000 in iRhythm Technologies, Inc. (NASDAQ:IRTC).

Investing.com
Feb 28th, 2025
iRhythm technologies' CBO and CLO Murphy sells $1.79 million in stock

Additionally, iRhythm is expanding internationally, with early launches in Europe and plans to enter the Japanese market in mid-2025.

Yahoo Finance
Jan 13th, 2025
Irhythm Technologies Shares Preliminary Fourth Quarter 2024 Highlights And Business Update At The 43Rd Annual J.P. Morgan Healthcare Conference

iRhythmSAN FRANCISCO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ:IRTC) a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, today announced preliminary fourth quarter operational highlights and a business update at the 43rd Annual J.P. Morgan Healthcare Conference.Recent Operational Highlights and Financial OutlookAnticipate full year 2024 revenue slightly above high end of previously stated guidance range of $587.5 million provided in October 2024Record quarter of new account openings for both Zio monitor and Zio AT during the fourth quarter 2024 as well as strong volume contributions from large national accountsLaunched first four health care systems on Epic Aura during the fourth quarter 2024 with broad commercial roll out for Epic health systems across the U.S. beginning in 2025Initiated Zio monitor shipments for home enrollment patients during the fourth quarter 2024Five studies presented at the American Heart Association highlight Zio Monitor’s high patient satisfaction, engagement and compliance with the patient MyZio app and digital tools, health economic impact of early arrhythmia detection in type 2 diabetes and respiratory disease, and AI insights on sleep and activity patterns 1Expect revenue for the full year 2025 of approximately $675 million to $685 million“This past year was a period of significant growth and transformation for iRhythm,” said Quentin Blackford, iRhythm’s President and CEO. “In our core U.S

MarketBeat
Nov 26th, 2024
Dynamic Technology Lab Private Ltd Invests $1.50 Million in iRhythm Technologies, Inc. (NASDAQ:IRTC)

Dynamic Technology Lab Private Ltd invests $1.50 million in iRhythm Technologies, Inc. (NASDAQ:IRTC).

Recently Posted Jobs

Sign up to get curated job recommendations

iRhythm Technologies is Hiring for 16 Jobs on Simplify!

Find jobs on Simplify and start your career today

đź’ˇ
We update iRhythm Technologies's jobs every few hours, so check again soon! Browse all jobs →