Compwell

About Compwell

Compwell provides a suite of chronic care management services, including telephonic clinical assessments and remote patient monitoring, to enhance patient health outcomes in primary care settings. By utilizing evidence-based interventions, Compwell helps identify and address health issues early, reducing hospitalization rates and unnecessary healthcare spending.

```xml <problem> Many primary care practices struggle to effectively manage patients with chronic conditions due to limited resources and time constraints. This can lead to poor patient outcomes, increased hospitalizations, and higher healthcare costs. Traditional methods often lack the proactive, continuous monitoring needed to identify and address health issues early. </problem> <solution> Compwell offers a suite of chronic care management services designed to improve patient health outcomes and reduce healthcare spending in primary care settings. Their services include telephonic clinical assessments, remote patient monitoring (RPM) using devices like blood pressure cuffs and glucometers, and annual wellness visits. By leveraging evidence-based interventions and a dedicated care team, Compwell helps identify and address health issues proactively, empowering patients to take control of their health. The RPM program provides physicians with real-time data to improve outcomes, strengthen patient relationships, and add value to patient care. </solution> <features> - Monthly telephonic clinical assessments for Medicare patients - Remote patient monitoring using devices such as blood pressure cuffs, glucometers, and weight scales - Annual wellness visits, including screenings such as colonoscopies and breast exams - Secure, HIPAA-compliant platform for data transmission and communication - Mobile app for self-assessments, care plan access, and real-time communication with the care team - Weight management, cardiovascular health counseling, and smoking cessation programs - Diabetes Self-Management Education (DSME) and Diabetes Prevention Program (pre-diabetes) - Corporate biometric screenings and risk assessments </features> <target_audience> Compwell's primary customers are primary care physicians, health systems, and corporate clients seeking to improve chronic care management, reduce hospitalizations, and enhance patient engagement. </target_audience> <revenue_model> Compwell generates revenue through Chronic Care Management (CCM) reimbursement (approximately $60 per patient per month), Remote Patient Monitoring (RPM) reimbursement (approximately $100 per patient per month), and Annual Wellness Visit reimbursement (approximately $124 per year). </revenue_model> ```

What does Compwell do?

Compwell provides a suite of chronic care management services, including telephonic clinical assessments and remote patient monitoring, to enhance patient health outcomes in primary care settings. By utilizing evidence-based interventions, Compwell helps identify and address health issues early, reducing hospitalization rates and unnecessary healthcare spending.

Where is Compwell located?

Compwell is based in Collierville, United States.

When was Compwell founded?

Compwell was founded in 2019.

How much funding has Compwell raised?

Compwell has raised 5000000.

Location
Collierville, United States
Founded
2019
Funding
5000000
Employees
9 employees

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Compwell

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Executive Summary

Compwell provides a suite of chronic care management services, including telephonic clinical assessments and remote patient monitoring, to enhance patient health outcomes in primary care settings. By utilizing evidence-based interventions, Compwell helps identify and address health issues early, reducing hospitalization rates and unnecessary healthcare spending.

compwellco.com300+
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Crunchbase
Founded 2019Collierville, United States

Funding

$

Estimated Funding

$5M+

Team (5+)

No team information available.

Company Description

Problem

Many primary care practices struggle to effectively manage patients with chronic conditions due to limited resources and time constraints. This can lead to poor patient outcomes, increased hospitalizations, and higher healthcare costs. Traditional methods often lack the proactive, continuous monitoring needed to identify and address health issues early.

Solution

Compwell offers a suite of chronic care management services designed to improve patient health outcomes and reduce healthcare spending in primary care settings. Their services include telephonic clinical assessments, remote patient monitoring (RPM) using devices like blood pressure cuffs and glucometers, and annual wellness visits. By leveraging evidence-based interventions and a dedicated care team, Compwell helps identify and address health issues proactively, empowering patients to take control of their health. The RPM program provides physicians with real-time data to improve outcomes, strengthen patient relationships, and add value to patient care.

Features

Monthly telephonic clinical assessments for Medicare patients

Remote patient monitoring using devices such as blood pressure cuffs, glucometers, and weight scales

Annual wellness visits, including screenings such as colonoscopies and breast exams

Secure, HIPAA-compliant platform for data transmission and communication

Mobile app for self-assessments, care plan access, and real-time communication with the care team

Weight management, cardiovascular health counseling, and smoking cessation programs

Diabetes Self-Management Education (DSME) and Diabetes Prevention Program (pre-diabetes)

Corporate biometric screenings and risk assessments

Target Audience

Compwell's primary customers are primary care physicians, health systems, and corporate clients seeking to improve chronic care management, reduce hospitalizations, and enhance patient engagement.

Revenue Model

Compwell generates revenue through Chronic Care Management (CCM) reimbursement (approximately $60 per patient per month), Remote Patient Monitoring (RPM) reimbursement (approximately $100 per patient per month), and Annual Wellness Visit reimbursement (approximately $124 per year).

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