United States · Hospital & health care startup

Health Recovery Solutions

Health Recovery Solutions (HRS) is a private healthcare technology company based in Hoboken, New Jersey, founded in 2012.

Funding reportedLast round: Series C

Hospital & health careHoboken, United States

About Health Recovery Solutions

Health Recovery Solutions (HRS) is a private healthcare technology company based in Hoboken, New Jersey, founded in 2012.

The company specializes in Remote Patient Monitoring (RPM), Chronic Care Management (CCM), and longitudinal virtual care, aiming to reduce hospital readmissions and enhance clinical outcomes. HRS serves over 320 clients across the U.S. and Canada, actively monitoring more than 450,000 lives. It has received multiple accolades, including being ranked #1 by KLAS for Remote Patient Monitoring in 2020 and 2021. HRS offers a cloud-based telehealth platform that integrates with major Electronic Health Record (EHR) systems. Its core services include continuous tracking of patient vitals, longitudinal care for chronic conditions, and comprehensive support throughout the patient journey. Key products include the PatientConnect® Suite, which features tools for patient education and communication, as well as integrated monitoring devices for real-time data tracking. HRS focuses on serving healthcare providers and payors, helping them reduce costs and improve patient satisfaction.

What company datasets say Health Recovery Solutions raised

Funding, as reported

Reported in all$87Min dollars
Rounds8
Last roundSeries C
Last round size$70M
Last round dateMar 2021
Investors listed4
SEC Form D$42M sold, 10 filings, last Mar 2021

Founders and team

From the SEC filings it signed: 6 on the team.

  • Jarrett BauerChief Executive Officer and Director of Issuer's Boardi
  • Rohan UdeshiChief Operating Officer and Director of Issuer's Boardi
  • Gregg MichaelsonDirector of Issuer's Boardi
  • Patrick O'KeefeDirector of Issuer's Boardi
  • Sasank AletiDirector of Issuer's Boardi
  • Scott PerricelliDirector of Issuer's Boardi

On 3 portfolio pages

Investors who name them

Each firm lists Health Recovery Solutions on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

remote patient monitoring for underserved populationshealth caredigital healthhealthcare analyticshealth equitylogistics managementoutcome improvementclinical resourcescardiac patient monitoringremote patient onboardingcomputer & network securitydigital health innovationhealthcare interoperabilityremote patient outcomesenterpriseshealthcare integration

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Sector
Hospital & health care
Industry code
NAICS 54151, 513210, 62, SIC 5049, 7372, 8099
Region
New Jersey
Revenue
$32M a year, as listed
Full record
Every detail in the company directory

Hospital & health care in United States

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