|Venture Round, 5/2012 |
|Private Equity, 1/2013 ||$10M|
CareCam Health Systems is the creator of vHealth, a new generation of mHealth, that utilizes smartphone video to engage and empower patients in their own care. They provide the first and only true method to verify, validate and document patient compliance to care plans, resulting in improved health outcomes and dramatically lowering costs for stakeholders in the healthcare ecosystem. The sophisticated software system is comprised of three pillars: 1) a customized patient care plan with reminders and alerts uploaded to the patient’s smartphone, 2) remote monitoring of patient biometric readings and care plan compliance through sophisticated dashboard reporting, accessible by the patient’s care team (PCP, specialist, case manager, payer) 3) coordinated care, where the patient¹s health data is exported to the appropriate care team and family members who, if consented to by the patient, will receive notifications if their loved one has failed to comply with their care plan.