Health Recovery Solutions Raises $10 Million

Funding Rounds

Summary

HRS has received national attention for its clinical success in reducing hospital readmissions and commitment to improving outcomes for both patients and health systems. “Hospital readmissions cost the U.S. $41 billion annually as chronic disease management continues to challenge the healthcare system. Our platform is a fundamental tool for reducing the cost of care and readmissions,” said Health Recovery Solutions CEO and co-founder Jarrett Bauer. “Edison Partners brings a wealth of expertise in healthcare technology and we look forward to their leadership as we accelerate the development of new products and services. Bauer had co=founded the company with Rohan Udeshi and Daniel Priece as a graduate student at Johns Hopkins after his grandmother was readmitted to the hospital with heart failure.

$ Funding

$
Amount $10.0M Total raised
Date September 5, 2019 Announcement date
Investors - Lead investors
Company https://www.healthrecoverysolutions.com Funded company

Classifications

industries
HealthTech
applications
Web and Content Management

AskAI Classifications

Labels
Healthcare Software Remote Patient Monitoring Software Telehealth Software

Linked Companies