32-Year-Old Raises $10 Million Series B To Lower Hospital Readmission Rates With Mobile Patient Management

“Chronic disease continues to drive up healthcare costs and is the leading cause of hospital readmissions. Remote patient monitoring (RPM) is becoming a fundamental tool for decreasing readmissions, improving outcomes, and reducing the overall cost of care. Hoboken, N.J.-based HRS provides an RPM platform that allows health systems and home care agencies to reduce hospital readmission rates by up to 80% while improving patient and caregiver satisfaction.”

Why it’s hot: 
At MRM we know full well the complicated nature of the healthcare industry, but huge opportunities lie in the intersection of technology and health (Duh).

I really like this product because while most RPM products are dependent on hardware, ‘Health Recovery Solutions’ is mostly focused on software that can run on most devices.