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100plus

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100Plus Company Profile



Background



100Plus is a leading provider of AI-assisted remote care platforms, specializing in Remote Patient Monitoring (RPM) and Chronic Care Management (CCM) solutions. The company's mission is to empower healthcare providers to manage patients with chronic conditions remotely, proactively engage them to prevent episodic care, and enhance their quality of life. By offering an end-to-end solution—including patient outreach, device setup, patient engagement, and automated billing—100Plus aims to increase efficiency, improve patient adherence, reduce hospitalizations, and achieve better health outcomes.

Key Strategic Focus



100Plus focuses on delivering comprehensive remote care solutions that integrate seamlessly into healthcare practices. The company's core objectives include:

  • Remote Patient Monitoring (RPM): Utilizing connected medical devices to monitor patients' health data outside clinical settings, enabling timely interventions.


  • Chronic Care Management (CCM): Providing tools and support for continuous management of chronic conditions, enhancing patient engagement and adherence.


  • Artificial Intelligence Integration: Employing AI technologies, such as the virtual health assistant Ava, to facilitate patient interactions, reminders, and data analysis, thereby reducing administrative burdens on healthcare staff.


  • End-to-End Service Delivery: Offering a comprehensive suite of services, including patient outreach, device setup, education, and automated billing, to ensure a seamless experience for both providers and patients.


Financials and Funding



In March 2021, 100Plus announced a $25 million seed funding round led by prominent investors, including Henry Kravis and George Roberts. This investment aimed to accelerate the company's growth in the RPM market, enhance its AI capabilities, and expand its service offerings. Prior to this funding, 100Plus had achieved $5 million in annual recurring revenue since its launch in January 2020.

In August 2021, Connect America, a leading provider of digital health and connected care solutions, acquired 100Plus. This acquisition combined Connect America's Personal Emergency Response Services (PERS) with 100Plus's RPM solutions, creating a unified care management platform.

Technological Platform and Innovation



100Plus distinguishes itself through its proprietary technological platforms and innovative approaches:

  • Esper AI Virtual Health Assistant: Ava is an AI-powered virtual assistant that engages patients through personalized messages, reminders, and feedback, enhancing patient adherence and engagement. Ava's machine learning capabilities allow for tailored interactions based on individual health data and care plans.


  • Seamless Device Integration: The company's RPM devices are fully configured and ready to use out of the box, requiring no smartphone, app, Bluetooth, Wi-Fi, or cellular plan. This design ensures ease of use, particularly for senior patients who may be less tech-savvy.


  • Comprehensive Data Monitoring: 100Plus's platform continuously monitors high-risk patients, providing healthcare providers with real-time data to inform clinical decisions and prevent costly episodic care.


Leadership Team



The leadership team at 100Plus comprises experienced professionals dedicated to advancing remote patient monitoring:

  • Janet Dillione: Chief Executive Officer


  • Larry Stone: Co-Founder and Vice President of Engineering


  • Muriel Herrera: Head of Marketing


  • Jimmy Lee: Advisor


In April 2021, 100Plus announced the appointment of Erick DeOliveira as Chief Financial Officer and Meghan Sinclair as Senior Vice President of Product and Operations. Additionally, the company welcomed new Advisory Board members, including Seema Verma, former Administrator of the Centers for Medicare & Medicaid Services; Cora Tellez, former CEO of Blue Shield California; Fawad Butt, former Chief Data Officer of UnitedHealthcare and Optum; Jimmy Lee, former President of Anthem; and Dr. Mehmet Oz, Cardiothoracic Surgeon and Professor at Columbia University.

Competitor Profile



Market Insights and Dynamics:

The remote patient monitoring market is experiencing significant growth, driven by the increasing prevalence of chronic diseases and the need for cost-effective healthcare solutions. The Centers for Medicare and Medicaid Services (CMS) have expanded reimbursement for RPM services, further fueling market adoption.

Competitor Analysis:

Key competitors in the RPM space include:

  • Health Recovery Solutions: Offers comprehensive RPM solutions with a focus on patient engagement and clinical monitoring.


  • Glooko: Specializes in diabetes management through connected devices and data analytics.


  • Endotronix: Provides implantable sensors and cloud-based data systems for heart failure management.


  • DatStat: Focuses on patient engagement and data collection through customizable platforms.


  • Infermedica: Utilizes AI for preliminary diagnosis and patient triage, enhancing clinical decision support.


100Plus differentiates itself by offering an AI-assisted, end-to-end RPM solution that includes patient outreach, device setup, engagement, and automated billing, streamlining the process for healthcare providers.

Strategic Collaborations and Partnerships



100Plus has established significant partnerships to enhance its market position and service offerings:

  • athenahealth Marketplace Program: In November 2021, 100Plus partnered with athenahealth's Marketplace Program, making its RPM services available to athenahealth's network of healthcare providers. This collaboration enables seamless integration of 100Plus's platform into existing electronic health records.