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HealtheMed

12600 Whitewater Dr, Suite 125, Minnetonka, Minnesota, 55343, United States

Overview

HealtheMed’s core product is Clinic@Home, a digital platform that brings health care into patients’ homes via a smart TV connected to monitoring devices. The platform includes medication reminders, vitals monitoring, and direct access to doctors and nurses. The company focuses on a niche population of Medicaid patients eligible for waivers—generally under‑65 individuals with developmental disabilities, chronic illnesses, or mental health concerns. HealtheMed currently serves 180 clients and employs 27 people, with plans to grow the client base to over 1,000 and headcount to more than 50 by year‑end. Financially, the company has raised about $8 million to date, including roughly $600,000 in angel investments and the recent $5.7 million Series A. With the new capital, HealtheMed plans to scale installs substantially in Minnesota this year and then begin exploring expansion into other states. HealtheMed operates Clinic@Home, a hybrid telemedicine system that enables Minnesota Medicaid-waivered clients to access health care in their homes. The platform combines telemedicine via television, remote patient monitoring, and medication-dispensing devices with high-touch nurse guidance and in-home patient training. Led by CEO Thomas Spencer, the company is dedicated to enriching the lives of underserved populations in Minnesota. HealtheMed focuses on enabling the state’s most vulnerable citizens to remain independent longer through its digital care offerings. The company raised funding to expand awareness of those service offerings and broaden reach among eligible clients.

Total raised
$7M
Funding rounds
2
Latest round
Series A
Latest activity
Feb 2023

Industries

  • Health Care
  • Medical
  • Medical Device
  • Telehealth
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Recent funding

  1. Series A

    Feb 2023

    $6M

  2. Seed

    Apr 2022

    $1M

Team

  • Thomas Spencer

    Co-Founder, Chief Executive Officer

    LinkedIn
  • Robert Arnold

    Co-Founder & Chief Operating Officer

    LinkedIn
  • Ronald Mandelbaum

    Executive Vice President

    LinkedIn
  • Steve Pontius

    President and COO

    LinkedIn