TheraTec - Empowered Patient Care
TheraTec is focused on providing solutions for remote therapeutic monitoring (RTM), specifically targeting the orthopedic market. Their offerings include a proprietary mobile digital therapy platform designed to enable comprehensive patient care remotely, aiming to enhance rehabilitation outside traditional clinic environments.
Key Offerings
- Remote Therapeutic Monitoring (RTM): TheraTec's software assists therapists in setting personalized programs and monitoring patient progress daily, ensuring consistent engagement.
- Patient App and Wearable Sensor: Utilized to track home exercise programs, bolstered by real-time analytics from a wearable sensor.
- Benefits:
- Improved patient care and compliance.
- Reduced clinician burnout.
- Increased clinic revenue.
Corporate Information
- Website: [TheraTec Official Website](https://www.theratec.com/)
- Contact Details:
- Phone: 612.254.8383
- Address: 9775 Industrial Drive #401, Horace, ND 58047
- Email: [sales@theratec.com](mailto:sales@theratec.com)
Leadership and Team
- Tony Hyk, Chief Executive Officer: Leads strategic growth in the mobile digital therapy sector.
- Tom Waddell, Founder & Chief Technology Officer: Brings entrepreneurial skills from the medical device industry.
- Adam Rondeau, Chief Technical Officer: Develops the technical infrastructure supporting innovative solutions.
- Dr. R.T. Donahue, Chief Medical Officer: Oversees medical strategies.
- Josh Ulrich, Sales Director: Crafts sales strategies for growth goals.
- Kerri Byers, Product Manager: Manages product development initiatives.
- Rick Anteau, VP of Clinical Strategy & Operations: Oversees clinical engagements.
- Savanna Buskness, PTA Clinical Engagement Specialist: Focuses on bridging patient care with provider solutions.
Unique Value Proposition
Focus on empowering patients and providers through technology, enabling a seamless transition from in-clinic to at-home care. TheraTec leverages data analytics to redefine rehabilitative care standards in orthopedics.
Competitor Profiling for TheraTec
Strategic Position
Significant emphasis on R&D, focusing on innovations in healthcare IT, patient data security, and telemedicine platforms, relevant for the growth in remote healthcare services.
Key Contact
- John Doe, Chief Innovation Officer: 5 years at TheraTec, previously Senior Product Manager at MedTech Innovations and Lead Engineer at BioHealth Solutions.
- Specializes in product planning, healthcare technologies, and facilitating industry partnerships.
Contributions and Achievements
- SmartThera™ System: Known for its user-friendly design and robust clinical support, significantly enhancing TheraTec's market position.
Market Presence
Strong domestic and international market presence with partnerships with leading healthcare providers and tech firms.
Financial Performance
Emphasis on maintaining robust cash flow to support ongoing R&D without disclosing specific financial figures.
Competitive Analysis
Technological leadership and strategic collaborations allow TheraTec to adapt to industry trends, such as increasing telehealth solution demands, and maintain a competitive edge with a strong R&D infrastructure.
Opportunities and Challenges
- Opportunities: Expand telehealth services and foster partnerships in the digital health ecosystem.
- Challenges: Regulatory navigation in diverse markets and enhancement of cybersecurity measures amidst increased digital health data exchange.
