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VitalTech | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Venture capital, Series A Funding, Series B Funding, Seed funding
Number of Funding Phases
3
Business Type
Limited liability company

All you need to know about VitalTech

VitalTech is a dynamic company that specializes in transforming the healthcare landscape through innovative virtual care solutions.

It was founded with the mission to revolutionize how healthcare is delivered. So, the company provides comprehensive platforms designed to enhance patient care, particularly for those with chronic conditions.

Their flagship product, VitalCare, offers robust remote patient monitoring (RPM) and chronic care management (CCM) services.

By integrating cutting-edge technology with user-friendly interfaces, VitalTech enables healthcare providers to deliver superior care, reducing hospital visits and improving patient outcomes.

The company work towards empowering both healthcare providers and patients, ensuring that high-quality, accessible care is available to all​.

Our Mission

Their mission is to enable and lead the transformation of virtual care, striving to be the most trusted partner in proactive healthcare delivery.

Our Vision

VitalTech aims to become the premier provider of innovative and effective virtual care solutions, ensuring optimal health outcomes for all patients through continuous improvement and technological advancements

Core Values at VitalTech

  • Integrity: We are led by integrity in all aspects of our business.
  • Respect: We have the highest respect for our employees, clients, and their patients.
  • Innovative: Innovation is at the backbone of what we do and how we continue to lead the transformation of virtual care.
  • Responsive: We take immediate and actionable steps to keep clients moving toward their goals.
  • Performance: We deliver solutions that optimize performance, resulting in improved outcomes across the care continuum.

Services We Provide

VitalTech offers the following services to support various healthcare needs:

  • VitalCare Platform: A comprehensive virtual care solution offering RPM and CCM to manage chronic conditions such as diabetes, CHF, hypertension, and COPD.
  • Remote Patient Monitoring (RPM): Enables real-time data collection and continuous monitoring to facilitate timely medical interventions.
  • Chronic Care Management (CCM): Provides ongoing treatment and care plan management for patients with multiple chronic illnesses.
  • Patient Engagement Tools: Includes educational resources, direct communication channels with healthcare providers, and user-friendly interfaces to empower patients in managing their health.
  • Data-Driven Insights: Utilizes collected data to generate actionable insights, improving clinical decisions and patient outcomes​.

Business Model at VitalTech

VitalTech operates on a B2B model, primarily targeting healthcare providers such as hospitals, home health services, and community health centers. They generate revenue through subscriptions and licensing fees for their VitalCare platform, as well as through partnerships and strategic alliances.

By offering customizable virtual care solutions that integrate with existing healthcare systems, VitalTech enables providers to enhance their service offerings, reduce costs, and improve patient satisfaction.

Additionally, their solutions help providers qualify for reimbursement through Medicare and other insurance programs, further driving adoption and revenue.

FAQs

Who is the founder of VitalTech?

It was founded by James Hamilton, Ernie Ianace and Anjan Selvam.

What Year was VitalTech founded?

It was founded in 2018.

Where is the headquarter of VitalTech?

The company has its Operational Headquarters at Carrollton, Texas, United States.

How many projects a year does VitalTech deliver?

On average, this company delivers over 100 projects annually.

Who are VitalTech’s main clients?

Their main clients include healthcare providers such as hospitals, home health services, and community health centers.

Company Founder
James Hamilton
James Hamilton

VitalTech
Business Model

The Company major services and product include: Remote Patient Monitoring, Remote Patient Care, Increased Patient Engagement, Patient Centered Care, Virtual Care, Reduced Readmissions, Chronic Care Management, Population Health, Digital Health, Increased Heath Equity, Vital Signs Monitoring, Automated Clinical Workflows, Health Insights, and Patient Empowerment

The Company was Founded
The Company was established on March 2, 2018
HeadQuarters
The Company has its Operational Headquarters at Carrollton, Texas, United States
Industry
The Company is contributing to the development of the Industry Health Care, Hospital
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

VitalTech Business Model

The Company major services and product include: Remote Patient Monitoring, Remote Patient Care, Increased Patient Engagement, Patient Centered Care, Virtual Care, Reduced Readmissions, Chronic Care Management, Population Health, Digital Health, Increased Heath Equity, Vital Signs Monitoring, Automated Clinical Workflows, Health Insights, and Patient Empowerment

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
.75 Million
Company Net worth as of 2023

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