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Health Recovery Solutions

Remote patient monitoring & telehealth

101-200 employees
  • Healthcare
  • B2C
  • B2B
  • Telecommunications
  • Data Analysis
  • Wellbeing
50 Harrison St., Suite 310 Hoboken, NJ United States

Company mission

Health Recovery Solutions' mission is to deliver best-in-class remote patient monitoring and telehealth solutions that providers and patients need to improve clinical outcomes.

-10% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

When a patient is discharged from the hospital, families are often put under an overwhelming amount of stress. It can be difficult to take responsibility for the care of a loved one, and a lack of support from healthcare services often results in readmission to the hospital.

Health Recovery Solutions (HRS) develops software applications, wearable technology, and tablets that provide remote patient monitoring. These products aim to engage patients and home carers and provide a link to providers. Monitored health data is then analyzed to predict potential outcomes, a process that cuts down 30-day readmissions by as much as 80 percent.

The startup has raised $87 million to date and is using it to scale the business and form new partnerships to reach more patients. Whilst HRS holds its roots in software development, the company also aims to continue the development of wearable health monitoring hardware.

Benefits

  • Company-sponsored events
  • HRS monthly book club
  • Flexible PTO
  • 401k match
  • Medical, dental, and vision plans (100% covered options)
  • 3 months paid parental leave
  • Flexible hours and work environment

Company values

  • Operate with excellence
  • Do the right thing
  • Committed to constant innovation
  • Take ownership and act
  • Collaborate and have fun

Funding (last 2 of 7 rounds)

Mar 2021

$70m

SERIES C

Sep 2019

$10m

EARLY VC

$84.1m

Total funding

Founders

Jarrett Bauer

(Chairman)

MBA at Carey Business School. Previous Healthcare Consultant at McBee Associates and Englewood Hospital.

MS Computer Science at Villanova. Previous Lead Software Developer at NuVida and Software Engineer at Unisys.

MS Electrical Engineering at Vilanova. Experience as Business Analyst at ALaS Consulting and Project Engineer at CG Power Solutions.