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Health Recovery Solutions

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Health Recovery Solutions develops a cloud-based warning system to help users reduce readmissions for hospitals and ACOs.

Hoboken, United StatesFounded 2012Health Tech & Medtech
Valuation $250–500M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Health Recovery Solutions and the history behind them.

About Health Recovery Solutions

Health Recovery Solutions (HRS) is a leading provider of remote patient monitoring solutions, serving over 400 healthcare organizations. The company operates in the telehealth market, which has seen significant growth due to the increasing need for remote healthcare services.

HRS offers a comprehensive suite of remote care solutions, designed to improve patient outcomes and reduce healthcare costs. Their primary product, PatientConnect®, is a customizable remote patient monitoring kit that empowers patients to manage their own health. This technology allows healthcare providers to monitor a large number of patients remotely, whether it's 100 or over 1,000.

In addition to remote patient monitoring, HRS also offers EHR integration. This feature enables healthcare providers to optimize their workflows, enroll patients, and enrich their electronic health records with real-time data. This integration reduces redundancy and duplicate documentation, streamlining the process for healthcare providers.

Another key aspect of HRS's business model is their reimbursement support. They have a team of in-house specialists who guide healthcare providers through the process of claiming reimbursement from various sources, including CMS, commercial payors, partners, and private pay sources.

HRS generates revenue by selling their remote patient monitoring solutions to healthcare organizations. They also offer support and advisory services to ensure the success of their clients' remote patient monitoring programs.

In summary, HRS is a key player in the telehealth market, providing comprehensive remote patient monitoring solutions and support services to healthcare organizations.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2012
Headquarters
Hoboken, United States
Employees
168
Open positions
None listed
Dealroom signal
78.8/100
Industry
Health
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Diabetes, Wealth Management, Recovery, Risk Management, User Behavior, Patient Care, Telemedicine, Hospital, Hospital Logistics, Tech for Hospitals and Clinics
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Mar 2026
Capital deployed
—
Preferred round
ACQUISITION

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Mar 2021 $70M $280M LLR Partners · Edison Partners —
EARLY VCOther financing Sep 2019 $10M $40M Edison Partners —
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Health Recovery Solutions website traffic

Latest recorded traffic for Health Recovery Solutions is 12K monthly website visits, up 0% over the last three months. Health Recovery Solutions's team grew 7% over the past year.

Latest monthly visits12K 3-month web change0% 1-year team growth+7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • Edison Partners

Series B and later2 investors entered at this stage

  • SaaS Capital
  • LLR Partners
Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇸 United States87.4%
🇵🇰 Pakistan8.7%
🇬🇧 United Kingdom1.9%
🇪🇹 Ethiopia1%
🇮🇳 India1%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Health Recovery Solutions on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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