TimeDoc Health
222 W Merchandise Mart Plaza Suite 570, Chicago, Illinois, 60654, United States
Overview
TimeDoc Health is a Chicago, IL–based virtual care management activation company led by CEO Will Boeglin. The company combines a SaaS platform with care coordination services to support chronic care management, remote patient monitoring, and behavioral health integration. Its solution helps providers establish care management programs to deliver continuous, comprehensive care for patients with chronic health conditions. TimeDoc pairs software and staffed care coordination to operationalize chronic care programs. The company raised $48.5M in a Series B and plans to use proceeds to hire additional care coordination staff, sales and marketing personnel, and developers to expand its technology capabilities. TimeDoc provides a software platform for virtual care management programs used by hospitals, physician group practices, and Federally Qualified Health Centers. Led by CEO Will Boeglin, the platform is leveraged for Chronic Care Management and Behavioral Health Monitoring. Since launching in 2016 the company has raised over $8M in total funding. TimeDoc plans to use new capital to accelerate sales resources, strengthen Electronic Health Record (EHR) integrations, roll out Remote Patient Monitoring, and develop tools to improve outcomes for chronically ill patients. The company’s clients use its software to manage remote care workflows and patient monitoring across provider settings. The business is headquartered in Chicago, IL. TimeDoc Health is a Chicago-based provider of cloud-based digital care management solutions and digital nursing services that coordinate care for chronically-ill patients. Its solution combines a care management platform with digital nursing services to engage, monitor, and coordinate care on a monthly basis. The company works with 70+ healthcare clients participating in programs such as Medicare’s Chronic Care Management (99490 / G0511), Comprehensive Primary Care Plus, Patient-Centered Medical Home, and state-wide opioid use disorder programs. These engagements generate new monthly recurring revenues for clients and help prepare them for value-based reimbursement models. TimeDoc serves Federally Qualified Health Centers, Rural Health Clinics, multi-specialty and primary care practices, community hospitals, and independent physician associations in over 30 states. The company plans to use the funding to expand its platform into behavioral health and remote patient monitoring and to double its headcount within the next 12 months.
- Total raised
- $57M
- Funding rounds
- 3
- Latest round
- Series B
- Latest activity
- Mar 2022
Industries
- Health Care
- Information Technology
- Medical
Recent funding
Series B
Mar 2022
$49M
Series A
May 2020
$6M
Equity
Aug 2019
$3M