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Health Recovery Solutions

Health Tech & Medtech · Hoboken, United States · Founded 2012

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

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.

Keywords: Remote Patient Monitoring, Telehealth, Healthcare Organizations, PatientConnect®, EHR Integration, Reimbursement Support, Clinical Advisory, Healthcare Technology, Electronic Health Records, Patient Care.

Company overview

Health Recovery Solutions company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2012
Headquarters
Hoboken, United States
Employees
168
Open positions
None listed
Dealroom signal
78.8
Investment activity
1 companies · latest Mar 2026
Capital deployed
Preferred round
ACQUISITION
client focusb2bsub industryHealth PlatformsectorDiabetesbusiness modelSaaSsectorWealth ManagementindustryHealthsectorRecoverysectorRisk ManagementsectorUser BehaviorsectorPatient CaresectorTelemedicinesectorHospitalsectorHospital LogisticssectorTech for Hospitals and Clinics

Valuation & funding

Health Recovery Solutions funding history

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
DEBTDebt Oct 2018 $3M SaaS Capital
EARLY VCOther financing Nov 2016 $2.4M $9.6M Undisclosed
SERIES AOther financing Jan 2015 $1M $4M Undisclosed
SEEDOther financing Feb 2014 Undisclosed
FundingOther financing Jan 2014 Undisclosed
SEEDOther financing Jun 2013 Undisclosed
SEEDOther financing Jul 2012 Undisclosed
Showing 9 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $4.1M 0% 168
2025 $4.1M 0% 157
2024 $4.1M 0% 144
2023 $4.1M 0% 161
2022 $4.1M 0% 165
2021 $4.1M 0% 148
2020 $4.1M 130
Company filings, research estimates and Dealroom dataOpen the full financial model →

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%
Monthly website visits122 observations · Apr 2016–Jul 2026
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Comparisons

Health Recovery Solutions compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Capital deployed

Health Recovery Solutions investments and acquisitions

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

Talent graph

Health Recovery Solutions's talent

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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.

Investors

3 investors on Health Recovery Solutions's cap table

Sourced from Dealroom's funding and investor records.

Series A 1 investor entered at this stage
Edison Partners
Series B+ 2 investors entered at this stage
SaaS Capital
LLR Partners

Global footprint

Where Health Recovery Solutions has talent and traffic

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

In the news

Latest news about Health Recovery Solutions

Recent press, funding announcements, and product moves mentioning Health Recovery Solutions — open to read from the original sources.

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Market sentiment

What the market is saying about Health Recovery Solutions

An AI-synthesized read of the highest-engagement posts about Health Recovery Solutions on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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