C30 Medical Corporation

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C30 Medical Corporation - overview

Established

2008

Location

-, CA-California, US

Primary Industry

Healthcare IT

About

C30 Medical Corporation operates as a provider of emergent neurology consult services, utilizing advanced telehealth technology to enhance access to specialty care in critical medical settings. Founded in 2008 and headquartered in Ojai, US, C30 Medical Corporation delivers telemedicine solutions focusing on neurology. The company was acquired by InTouch Technologies in January 2017, though financial terms were not disclosed. The founder's history and whether they had founded other companies are not available.


C3O Telemedicine specializes in providing emergent neurology consult services through a network of board-certified specialty physicians. Their core product offerings include real-time telehealth consultations in Tele-Neurology and Tele-Neurocritical Care, designed to enhance patient care in acute medical settings. The company operates its services across more than 30 hospitals in six states, addressing critical needs for healthcare systems facing physician shortages. By leveraging advanced telehealth technology, C3O enables healthcare providers to access specialty consultation services efficiently, ultimately improving patient outcomes and reducing operational costs.


This service model supports a diverse client base that includes hospitals and healthcare systems nationwide, facilitating immediate access to expert care during critical medical situations. C3O Telemedicine generates revenue through partnerships with healthcare systems, providing subscription-based access to its telemedicine services. The transaction structure involves hospitals subscribing to the C3O platform, which allows them to utilize telehealth consultations on an as-needed basis for emergent neurology cases. This model ensures that healthcare providers can promptly connect with specialists without the need for on-site visits, optimizing resource allocation and improving patient care delivery.


By focusing on their flagship service offerings, C3O structures its pricing plans around the volume of consultations and the specific needs of the healthcare systems they serve, enhancing flexibility and scalability in their service delivery. As of January 31, 2017, C30 Medical Corporation was acquired by InTouch Technologies. The company's future growth strategy involves leveraging this acquisition to expand its telehealth offerings. C3O Telemedicine plans to enhance its product line with new telehealth solutions and aims to penetrate further into the healthcare markets of California and Texas within the next two years.


The recent acquisition will support these initiatives by providing additional resources and technological advancements to improve service delivery.


Current Investors

InTouch Health, iRobot Corporation

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT

Website

www.c3otelemedicine.com

Company Stage

Add-on

Total Amount Raised

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C30 Medical Corporation - 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)
Add-onCompletedC30 Medical Corporation-

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