eHealth Global Technologies Inc.

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eHealth Global Technologies Inc. - overview

Established

2006

Location

New York, NY, US

Primary Industry

Healthcare IT

About

eHealth Global Technologies Inc. is focused on enhancing healthcare delivery through innovative solutions that streamline access to patient medical records and provide actionable health information in real-time. Founded in 2006 and headquartered in New York, US, eHealth Global Technologies Inc. specializes in providing advanced medical record management solutions.


The company has not undergone significant pivots in its business strategy and does not have known subsidiaries. The firm, led by CEO Dan Torrens and founder Tim Vasko, has secured a total of USD 41. 00 mn through its most recent funding round on March 14, 2019, led by Aldrich Capital Partners, making them the primary investor in this round. eHealth Global Technologies Inc.


has executed 4 deals to date. eHealth Technologies specializes in innovative solutions designed to streamline access to patient medical records, lab results, images, and pathology materials. Their core offering, eHealth Connect®, utilizes patented technology and embedded AI to collect, organize, and deliver actionable medical histories efficiently. This service addresses critical healthcare challenges by facilitating faster access to comprehensive patient information.


eHealth Technologies serves a wide range of clients, including hospitals, health systems, health information exchanges, and clinical research teams across the United States, aiming to enhance patient outcomes through meaningful appointments and customized care plans. The products are designed to integrate seamlessly into existing clinical workflows, thus improving the efficiency of healthcare providers and expediting patient care processes. eHealth Technologies generates revenue through partnerships and subscriptions with healthcare systems and organizations that utilize their technology-based solutions. The transaction structure typically involves service agreements where clients subscribe to eHealth Connect® for streamlined access to patient data, often on a recurring basis to ensure continuous support and updates.


Clients benefit from reduced administrative burdens, which can lead to enhanced operational efficiencies. Revenue is primarily driven by the volume of medical records processed and the level of service provided, with clients paying for the breadth of solutions that are customized to their specific needs. The company’s approach to addressing inefficiencies in healthcare delivery drives demand for its services, creating a sustainable revenue model based on delivered value rather than one-time transactions. In March 2019, eHealth Global Technologies Inc.


raised USD 41. 00 mn in venture funding to support its growth initiatives. The company is focused on launching additional features for eHealth Connect® to enhance its product offerings further. Plans for market expansion include targeting additional healthcare systems in the United States and exploring opportunities in international markets by 2023.


The recent funding will be utilized to bolster product development and expand the sales team to facilitate these market outreach efforts.


Current Investors

Aldrich Capital Partners, Merck Global Health Innovation Fund, Stonehenge Growth Capital

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Medical Software

Website

www.ehealthtechnologies.com

Verticals

HealthTech

Company Stage

Series D

Total Amount Raised

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