Meditelecare
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Meditelecare - overview
Location
-, CT, US
Primary Industry
Healthcare
About
Meditelecare provides integrated behavioral health care solutions through telehealth and in-person services, enhancing clinical outcomes with an omnichannel approach tailored for diverse patient needs. Meditelecare specializes in delivering comprehensive behavioral health care solutions, focusing on both telehealth and in-person services. Founded by Edgardo Mercadante, the company is headquartered in Middletown, US. In June 2017, RHV Capital invested for a 57% stake in Meditelecare, with financial terms not disclosed.
The company has completed one deal to date. MediTelecare™ offers a technology-enabled integrated model for delivering comprehensive behavioral health care through telehealth and in-person services in psychology and psychiatry. Their core product offerings include telebehavioral health services that utilize technology supplied by MediTelecare™ to enable healthcare staff to manage daily behavioral health activities efficiently. The company focuses on evidence-based clinical standards and aims to promote safe management of behavioral health conditions, serving diverse clients, including post-acute, long-term care, and aging communities across the United States.
MediTelecare™ generates revenue through direct-to-consumer and B2B transactions with healthcare providers, long-term care facilities, and community health organizations, utilizing service contracts and partnerships. While specific pricing plans are not disclosed, the firm emphasizes comprehensive care solutions designed to improve patient outcomes and lower healthcare costs, particularly through reducing high-risk medications in favor of non-pharmacologic options. MediTelecare is focused on expanding its technology-enabled behavioral health services, particularly targeting new markets across the United States. Following the investment in June 2017, the company plans to utilize the funding to enhance its service offerings and accelerate market entry strategies.
Continued product development is expected, although specific upcoming releases have not been detailed.
Current Investors
RHV Capital
Primary Industry
Healthcare
Sub Industries
Home Healthcare, Nursing Homes & Assisted Living
Website
https://www.meditelecare.com/
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Meditelecare - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Meditelecare | - |
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Meditelecare - employee data
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