H
Health Recovery Solutions
Health Recovery Solutions develops a cloud-based warning system to help users reduce readmissions for hospitals and ACOs.
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES COther financing | Mar 2021 | $70M | $280M | LLR Partners · Edison Partners | — |
| EARLY VCOther financing | Sep 2019 | $10M | $40M | Edison Partners | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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