TimeDoc Well being Recaps Yr of Development, Market Penetration, as Digital Care Adoption Heats Up

TimeDoc Well being Recaps Yr of Development, Market Penetration, as Digital Care Adoption Heats Up

Firm highlights new partnerships and expanded staffing providers coming into 2023

CHICAGO, Jan. 17, 2023 /PRNewswire/ — TimeDoc Well being, a best-in-class answer supplier for digital care administration, persistent situation administration and distant affected person monitoring, has capped a 12 months of regular development and adoption by way of key healthcare partnerships. The corporate, which raised a $48.5M Sequence B spherical in March 2022, is now serving greater than 100,000 sufferers by way of its SaaS and hybrid providers mannequin.

“Final 12 months was a breakout 12 months for us, when it comes to buyer acquisition, however extra importantly because of the widespread realization that digital care is the trail ahead for healthcare organizations constructing extra accessible supply techniques for sufferers,” mentioned TimeDoc Well being Chief Government Officer Will Boeglin. “We have now realized from new and present shoppers that persistent care administration and distant affected person monitoring are optimized with a team-based, tech-enabled method. Subsequent 12 months, we plan to broaden our platform’s capabilities to make sure medical groups are working with essentially the most substantive affected person information to tell decision-making.”

Present partnerships, like Transitions Care and Southwest Neighborhood Well being Heart, have been pivotal to the corporate’s technique to achieve extra sufferers in rural and suburban populations, the place entry to care could be restricted. A latest partnership with Rainelle Medical Heart throughout websites in West Virginia was born of necessity, with the group needing a device to watch at-risk sufferers and allocate sources to symptomatic sufferers who battle with transportation as a barrier to care.

“We partnered with TimeDoc Well being as a option to instantly enhance connectivity with these furthest away from our bodily places,” mentioned Sabrina Ford, director of nursing at Rainelle. “A very powerful factor for us is delivering well timed, efficient care and our system is empowered by expertise and specialised staffing that optimizes our operation even when the circumstances are unpredictable.”

This 12 months, the corporate eyes continued growth with FQHCs, group well being facilities, and medical practices focusing on a variety of suppliers who battle with digital persistent situations administration, affected person engagement, and staffing shortages. The latter threatens to derail the healthcare business within the coming years, if not addressed correctly. A 2021 report from Mercer, a world funding analysis agency, forecasts a scarcity of greater than 3 million “lower-wage” employees within the subsequent 4 years, limiting the flexibility to ship high quality at-home care.

Extra oversight from authorities businesses, just like the Facilities for Medicare and Medicaid Providers (CMS), additionally looms within the years forward, doubtlessly incentivizing suppliers to undertake new hybrid care fashions to reinforce security and entry in underserved communities. It presents a possibility for TimeDoc Well being to proceed its development trajectory and attraction to a broad vary of stakeholders within the business.

“Day-after-day we’re inspired by the information that flows by way of our platform,” mentioned TimeDoc Well being Vice President of Care Administration Sarah Cameron, LCSW. “Whether or not it is a lower in emergency division utilization for a supplier or a secure discount in a affected person’s blood strain enabled by distant affected person monitoring, we’re getting nearer to creating the nationwide healthcare system that all of us deserve. This 12 months will get us one other step nearer.”

About TimeDoc Well being

TimeDoc Well being, primarily based in Chicago, Illinois, is a frontrunner in digital care administration for healthcare organizations. The corporate allows suppliers to ship actually steady, complete care by serving to them set up care administration applications for sufferers with persistent well being situations. The answer combines a care administration SaaS platform with care coordination providers for persistent care administration, distant affected person monitoring, and behavioral well being integration. For extra info, go to www.timedochealth.com.

Contact:
James Coates
Senior Vice President, Advertising
[email protected]
TimeDoc Well being

SOURCE TimeDoc Well being

TimeDoc Well being Recaps Yr of Development, Market Penetration, as Digital Care Adoption Heats Up

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