June 16, 2024
TimeDoc Well being Recaps Yr of Development, Market Penetration, as Digital Care Adoption Heats Up

Firm highlights new partnerships and expanded staffing companies coming into 2023

CHICAGO, Jan. 17, 2023 /PRNewswire/ — TimeDoc Well being, a best-in-class resolution supplier for digital care administration, persistent situation administration and distant affected person monitoring, has capped a yr of regular progress and adoption by key healthcare partnerships. The corporate, which raised a $48.5M Sequence B spherical in March 2022, is now serving greater than 100,000 sufferers by its SaaS and hybrid companies mannequin.

“Final yr was a breakout yr for us, when it comes to buyer acquisition, however extra importantly because of the widespread realization that digital care is the trail ahead for healthcare organizations constructing extra accessible supply programs for sufferers,” mentioned TimeDoc Well being Chief Government Officer Will Boeglin. “We’ve got discovered from new and current purchasers that persistent care administration and distant affected person monitoring are optimized with a team-based, tech-enabled strategy. Subsequent yr, we plan to develop our platform’s capabilities to make sure scientific groups are working with probably the most substantive affected person knowledge to tell decision-making.”

Current partnerships, like Transitions Care and Southwest Group Well being Middle, have been pivotal to the corporate’s technique to succeed in extra sufferers in rural and suburban populations, the place entry to care could be restricted. A latest partnership with Rainelle Medical Middle throughout websites in West Virginia was born of necessity, with the group needing a instrument to observe at-risk sufferers and allocate sources to symptomatic sufferers who battle with transportation as a barrier to care.

“We partnered with TimeDoc Well being as a method to instantly enhance connectivity with these furthest away from our bodily places,” mentioned Sabrina Ford, director of nursing at Rainelle. “A very powerful factor for us is delivering well timed, efficient care and our system is empowered by know-how and specialised staffing that optimizes our operation even when the circumstances are unpredictable.”

This yr, the corporate eyes continued growth with FQHCs, group well being facilities, and medical practices focusing on a variety of suppliers who battle with digital persistent circumstances administration, affected person engagement, and staffing shortages. The latter threatens to derail the healthcare business within the coming years, if not addressed correctly. A 2021 report from Mercer, a world funding analysis agency, forecasts a scarcity of greater than 3 million “lower-wage” staff within the subsequent 4 years, limiting the power to ship high quality at-home care.

Extra oversight from authorities businesses, just like the Facilities for Medicare and Medicaid Companies (CMS), additionally looms within the years forward, probably incentivizing suppliers to undertake new hybrid care fashions to boost security and entry in underserved communities. It presents a chance for TimeDoc Well being to proceed its progress trajectory and enchantment to a broad vary of stakeholders within the business.

“On daily basis we’re inspired by the info that flows by our platform,” mentioned TimeDoc Well being Vice President of Care Administration Sarah Cameron, LCSW. “Whether or not it is a lower in emergency division utilization for a supplier or a protected discount in a affected person’s blood strain enabled by distant affected person monitoring, we’re getting nearer to creating the nationwide healthcare system that all of us deserve. This yr will get us one other step nearer.”

About TimeDoc Well being

TimeDoc Well being, based mostly in Chicago, Illinois, is a frontrunner in digital care administration for healthcare organizations. The corporate permits suppliers to ship actually steady, complete care by serving to them set up care administration applications for sufferers with persistent well being circumstances. The answer combines a care administration SaaS platform with care coordination companies for persistent care administration, distant affected person monitoring, and behavioral well being integration. For extra data, go to www.timedochealth.com.

James Coates
Senior Vice President, Advertising
[email protected]
TimeDoc Well being

SOURCE TimeDoc Well being

TimeDoc Well being Recaps Yr of Development, Market Penetration, as Digital Care Adoption Heats Up