Company Research Report: Recora, Inc.
Company Overview
- Name: Recora, Inc.
- Mission: Empower everyone to live a long, full, and optimal life by redefining the future of heart health. Recora is redesigning heart health from the ground up so that people can live fuller lives, building technology to accelerate recovery after cardiac events, and optimize health stacks for preventive and aspirational goals.
- Founded By: Abhi Chandra, Ed Wu, MD, Vivek Vishwanath (Co-Founders)
- Key People:
- Abhi Chandra: Co-Founder & CEO
- Ed Wu, MD: Co-Founder & COO
- Vivek Vishwanath: Co-Founder & CGO
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue: No information is available
- Known For: Recora is known for its virtual cardiac rehabilitation programs which aim to reduce hospitalizations and enable patients to manage their heart health better.
Products
1. Virtual Cardiac Recovery Program
- Description: A comprehensive program providing tools and guidance for patients to restore their heart health and transform their lives. It boasts an average reduction of 30% in hospitalizations compared to patients without cardiac rehabilitation.
- Key Features:
- Recora Recovery Kit: Sent to patients for use during the program.
- Personalized Program: Beyond virtual sessions, it includes educational tools, support groups, and communication with the Recora Care Team.
- Recora Care Team: A multidisciplinary team consisting of physicians, nurses, exercise physiologists, health coaches, dieticians, and other specialists.
Recent Developments
- New Partnerships:
- October 14, 2024: Partnered with Cardiology Associates of Mesa (CVAM) on virtual cardiac rehabilitation.
- July 29, 2024: Partnered with Cardiology Associates of Fredericksburg.
- February 13, 2024: Expanded into Greater Boston with Today's Wellness and Primary Care and New England Inpatient Specialists.
- December 11, 2023: Partnered with SDCVA to address critical access gaps in San Diego County.
- December 5, 2023: Partnered with Advanced Heart and Vascular Institute of Hunterdon.
- Legislative Developments:
- November 17, 2023: Dr. Ed Wu advocated for virtual cardiac rehab as a Medicare benefit. Bipartisan legislation introduced to make virtual cardiopulmonary rehab permanent for Medicare beneficiaries, as part of efforts to codify flexibilities established during the COVID-19 pandemic.
- Press Highlights: Featured in articles promoting the benefits of virtual cardiac rehabilitation and the push for legislative support to establish it as a standard Medicare benefit.
Conclusion
This report provides an insight into Recora, Inc., focusing on its commitment to redefining heart health through its innovative virtual cardiac rehabilitation program. The company's efforts in forming strategic partnerships and advocating for legislative changes demonstrate its proactive approach to improving cardiac care accessibility.