Safety Net Connect

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Safety Net Connect - overview

Established

2008

Location

Newport Beach, CA, US

Primary Industry

Business Support Services

About

Safety Net Connect provides an integrated telehealth solution to enhance care coordination among healthcare providers, facilitating communication between primary care and specialists, ultimately improving patient access and reducing wait times. Safety Net Connect, founded in 2008 in Newport Beach, US, offers a comprehensive telehealth platform connecting healthcare providers and patients. The CEO and founder, Keith Matsutsuyu, has been instrumental in the company's operations. Safety Net Connect (SNC) offers a comprehensive telehealth solution that integrates eConsult, eReferral, and Televisit functionalities to enhance care coordination among healthcare providers, payers, and patients.


The core product is designed to facilitate seamless communication between primary care physicians and specialists, thereby resolving a significant portion of specialty care needs within primary care settings. By leveraging real-time, evidence-based data, the platform addresses critical issues such as long wait times for specialist appointments and access for underserved populations. The solutions are particularly beneficial for Federally Qualified Health Centers (FQHCs), Community Health Centers (CHCs), hospitals, and correctional facilities, primarily targeting markets within rural and underserved urban areas across the United States. SNC's innovative approach to healthcare delivery not only aims to reduce hospital readmissions and improve post-discharge follow-ups but also enhances patient satisfaction by minimizing the need for specialist visits when possible.


Safety Net Connect's revenue model is built around providing its telehealth services to various healthcare entities through subscription-based agreements and partnerships. Clients, including healthcare providers and payers, engage with SNC’s offerings by subscribing to the integrated telehealth platform, which allows for streamlined referrals and access to a wide range of specialists. The revenue is generated through these contracts, which are structured to ensure ongoing service and support. Specific pricing plans are associated with the comprehensive telehealth solution, reflecting the value provided in areas such as care coordination, data integration, and patient engagement.


The model emphasizes recurring revenue, derived primarily from the subscription fees of clients who utilize the eConsult, eReferral, and Televisit services to enhance their operational efficiency and patient care outcomes.


Primary Industry

Business Support Services

Sub Industries

Consulting Services, Healthcare

Website

www.safetynetconnect.com

Total Amount Raised

Subscriber access only

Safety Net Connect - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedvCareConnect-

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