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Health Recovery Solutions: Remote patient monitoring technology for chronic conditions, providing early intervention and reducing hospital readmissions.
Health Recovery Solutions has raised $91.0M across 4 funding rounds.
Key people at Health Recovery Solutions.
Health Recovery Solutions has raised $91.0M in total across 4 funding rounds.
Health Recovery Solutions (HRS) provides remote patient monitoring technology to track real-time data for patients with chronic conditions like CHF, COPD, and diabetes, based in New York City, NY, USA. The platform enables hospitals and clinicians to receive early warnings for timely interventions, significantly reducing costly readmissions and improving patient outcomes for healthcare providers and insurance companies. HRS delivers comprehensive digital health monitoring solutions to clinicians, caregivers, and consumers managing chronic diseases via telehealth. The company has successfully raised Series B and C funding rounds, with early investment from firms like Blueprint Health. Its leadership includes CEO Jason Comer and Chief Medical Officer Lucienne Ide MD PhD, who previously founded Rimidi, which HRS acquired to expand its offerings. Health Recovery Solutions was founded in January 2012 by Jarrett Bauer.
Key people at Health Recovery Solutions.
Health Recovery Solutions has raised $91.0M in total across 4 funding rounds.
Health Recovery Solutions's investors include Edison Ventures, Gregg Michaelson.
Health Recovery Solutions (HRS) is a healthcare technology company specializing in remote patient monitoring (RPM) and telehealth solutions that enable care at home, serving healthcare organizations, clinicians, hospitals, and payors.[1][2][3] It builds the ClinicianConnect® portal and PatientConnect® RPM platform, which provide disease-specific care plans, educational videos, medication reminders, video chat, wound imaging, and text messaging to manage high-risk patients remotely, solving problems like hospital readmissions, high costs, and administrative burdens by improving outcomes, satisfaction, and bed utilization.[1][2][3] With over 1 million patient lives impacted, 400+ US health system clients, and $23.5 million in revenue, HRS demonstrates strong growth momentum, including $13.7 million in total funding across 5 rounds and recognition from Frost & Sullivan for its patient-centric RPM solutions.[1][2][3]
HRS was co-founded by Jarrett Bauer, who serves as Chairman, inspired by his grandmother's battle with cardiac issues, which sparked the mission to transform patient care through remote monitoring.[1] CEO Jason Comer has also highlighted the company's roots in personal family struggles, evolving into a vision realized by surpassing 1 million lives impacted via its RPM technology.[1] Based in Hoboken, New Jersey, with 155 employees, HRS has grown over a decade into the leading provider of end-to-end telehealth services, including logistics, clinical monitoring, EMR integration, and reimbursement guidance, earning trust from major health systems.[1][2][3][4]
HRS rides the telehealth and RPM trend accelerated by post-pandemic shifts toward home-based care, addressing market forces like rising healthcare costs, clinician shortages, and value-based reimbursement models that reward reduced readmissions and better outcomes.[1][2][3] Its timing aligns with CMS expansions in RPM billing and chronic care management, enabling broader adoption across diverse settings from hospitals to payors.[2][5] By influencing the ecosystem through scalable, enterprise-grade solutions, HRS strengthens communities, empowers clinicians, and sets standards for holistic remote care, as evidenced by Frost & Sullivan accolades and KLAS client feedback.[2][3]
HRS is poised to expand its enterprise RPM leadership by leveraging AI-enhanced analytics, deeper EMR integrations, and new condition-specific modules amid growing demand for virtual care.[3][5] Trends like aging populations, hybrid care models, and regulatory support for telehealth will fuel its trajectory, potentially doubling patient impact through partnerships with more health systems. As remote care becomes standard, HRS's clinician-focused innovation—born from personal stories of resilience—will continue transforming lives at home, reducing systemic burdens while scaling its proven model.[1][3]
Health Recovery Solutions has raised $91.0M across 4 funding rounds. Most recently, it raised $70.0M Series C in March 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2021 | $70.0M Series C | Edison Ventures | |
| Sep 5, 2019 | $10.0M Other Equity | Gregg Michaelson | |
| Sep 1, 2019 | $10.0M Series U | Edison Ventures | |
| Jan 21, 2015 | $1.0M Other Equity |