HealtheMed Raises Seed Capital, Announces the Launch of Its Telemedicine Platform for Medicaid Populations
Innovative new television-based system to enable healthcare in the home
MINNEAPOLIS, Sept. 18, 2020 /PRNewswire-PRWeb/ -- HealtheMed (http://www.healthemed.net) today announces the launch of its new telemedicine platform to bring healthcare into the homes of the most vulnerable Minnesota Medicaid populations. HealtheMed has closed a seed round of capital from angel investors to fuel the launch of its new service and expansion to markets across the United States.
HealtheMed's unique platform will enable Medicaid special needs populations to quickly access medical services, including medication adherence, medication management, remote patient monitoring, chronic disease management, and primary/specialty care. The HealtheMed platform will consist of a large TV with attached camera and microphone for two-way synchronous communications with healthcare providers.
HealtheMed has partnered with Best Buy Geek Squad to install the equipment.
"Every state, including Minnesota, has thousands of Medicaid enrollees who cannot easily leave home because of their chronic health conditions and diseases," said Tom Spencer, CEO of HealtheMed. "By installing a miniclinic in the homes of these vulnerable people, HealtheMed can help bring safer, lower cost medical care to the people who need it most."
HealtheMed's initial Minnesota focus will be on installing its technology platform to monitor patient medication adherence and to provide medication therapy through telemedicine visits by physicians and pharmacists. HealtheMed expects to improve medication adherence in special needs populations by 45% - 90%. Better medication adherence will lead to healthier patients, less expensive clinic visits, fewer hospital stays and tremendous costs savings to state Medicaid budgets.
County caseworkers in each of Minnesota's 87 counties can recommend their most vulnerable Medicaid clients to the HealtheMed program.
Interested investors and friends of HealtheMed can still invest in the company by visiting it's WeFunder crowdfunding page at https://wefunder.com/healthemed/about.
About HealtheMed
HealtheMed, Inc. is a Minneapolis, MN telemedicine company that greatly improves the lives of the 53,000 special needs patients in Minnesota and over 4,000,000 patients nationally that live confined in their homes with chronic conditions. HealtheMed equips each special needs patient's home to function as a virtual clinic. HealtheMed lowers Medicaid healthcare costs for states through a telemedicine centric approach with an initial focus on medication adherence, medication management, and remote patient monitoring. For more information visit http://www.healthemed.net.
SOURCE HealtheMed
Share this article