qtq80-gKTB8J

Overview

TeleMate Health is not your traditional Remote Patient Monitoring (RPM) company. We solve one of the largest problems in healthcare. We understand healthcare equity and we bridge the gap between hospital discharges to prevent unnecessary readmissions.  Patients today get sent homes with a piece of paper but no actual support. We are that support. Hospital readmissions cost hospitals and insurance companies hundreds of millions of dollars annually because patients are only discharged with a piece of paper and not a supportive monitoring and mitigation plan to prevent avoidable ED visits and readmissions.

We are nurse owned and operated, with over 50 years of combined clinical and Healthcare IT experience, so we truly understand the needs of our patients and how to bridge the healthcare gap from a clinical and IT perspective.

We also provide holistic data to providers to make the best clinical decisions for their patients as opposed to a single data point taken during a visit. This data is interpreted by TeleMate Health nurses to authenticate validity and define why there may be a trend to better inform the prescribing provider. Our competitors typically do not offer this service. The receiver of the data is expected to have their own team at their expense to do this. Our competitors charge the provider or healthcare system for data. We bill the patient's insurance and participate with the healthcare team to deliver on the patient specific care plan.

Consumer Problem

When a patient is discharged from the hospital, there is not a comprehensive plan other than a piece of paper. The result is revolving door is readmissions costing the healthcare system millions of dollars. Patients need remote support to ensure they understand their discharge care plan and education to support the continuum of care. Providers can now make holistic decisions based on monthly reporting which improves clinical outcomes.

Product Strategy

TeleMate Health's Business Process Integration (BPI) product offers awarding-winning managed services products for Telemedicine programs. Our process is purpose-built to help accelerate speed to market and secure the patient experience. In 2019 and 2020 Telemate was recognized by HealthTech Outlook as one of the Top 10 Telemedicine Consulting and Services companies, and in 2020 was deemed the top 30 small companies to watch by the Silicon Review. BPI is an end to end operational process that allows TeleMate to Procure, Inventory, Assembly, QA, Ship, and Support your fleet of assets.  Our process is fully white-labeled, ISO 13485 adherent, and our warehouses are FDA certified. TeleMate built this model for you to allow providers to do what they enjoy doing and that is delivering quality care to patients. Let us take on these operational burdens and introduce you to the 'Last Mile of HealthCare.'

Business Integration Product

TeleMate Health's Business Process Integration (BPI) product offers awarding-winning managed services products for Telemedicine programs. Our process is purpose-built to help accelerate speed to market and secure the patient experience. In 2019 and 2020 Telemate was recognized by HealthTech Outlook as one of the Top 10 Telemedicine Consulting and Services companies, and in 2020 was deemed the top 30 small companies to watch by the Silicon Review. BPI is an end to end operational process that allows TeleMate to Procure, Inventory, Assembly, QA, Ship, and Support your fleet of assets.  Our process is fully white-labeled, ISO 13485 adherent, and our warehouses are FDA certified. TeleMate built this model for you to allow providers to do what they enjoy doing and that is delivering quality care to patients. Let us take on these operational burdens and introduce you to the 'Last Mile of HealthCare.'

Company Profile

  • Industry: Digital Healthcare 
  • Employees: 10 
  • Founded: 2019

Financial Information 

  • Funding Type: Growth, Expansion, and Market Acceleration 
  • Previous Capital: Founder Funded 
  • Monthly Burn Rate: $80,000
  • Monthly Revenue $80,000
  • IRA Invest Option: Yes
  • Management Fee: None
  • Type of Equity: Preferred Stock 
  • Investment Term: 5 years with option to renew
  • Minimum Investment: $100,000
  • Target Fund Size Equity Percentage: 20%
  • Target Fund Size: $1,500,000

Management

  • Tamara Griffin, CEO
  • Todd Griffin, COO
  • Dr. Chad Kurzynske, CMO

Advisors

  • Amber Griffin Shaw, Harris-Shelton
  • Shelly Cole, Credentialing and Licensure
  • Kathy Dillard, CPA
  • Troy Crabtree, Healthcare IT
  • Gene Howell, IT
  • Frank Grant, Healthcare Operations

Investment Opportunity

The five-year net valuation of our company is $64M conservatively.

If we base the valuation from clients we are in conversations with, that valuation increases to $461M.

We have two options for our equity terms:

1. We are seeking an 18-month $1.5M USD loan at 15% interest - inclusive of 2.5% equity. (ROI of $1.6M over first five years)  OR
2. $1.5M investment for 5% equity. (ROI of $3.2M over first five years)

**Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All securities involve risk and may result in significant losses. Our offerings under Rule 506(c) are for accredited investors only.

Our Leadership

TG Head Shot

Tamara Griffin - CEO

Tamara is a seasoned registered nurse with 25 years of clinical, operations, management, and business development experience. Tamara has worked in multiple healthcare facets inclusive of; hospital direct patient care as well as hospital supervision, home health care subject matter expert leading to consulting, Administrator and CEO, and Director of Business Development and Executive Director of an assisted living facility. Tamara’s passion is in building teams and partnerships focused on innovative solutions and growth in the healthcare industry. Her ability to identify and resolve the root source of complex issues, passion and vision throughout multiple roles has made her a proven leader in the healthcare field.

Todd Griffin - COO

Todd@TeleMateHealth.com

Todd began his career in the military as a medic transitioning into nursing. He left nursing to become a serial entrepreneur with over two decades of experience managing technology teams in both start-ups and large enterprise settings, including Deloitte, Ascension, Envision, Indiana University, and others He has a successful track record of leading tech companies in modernizing and maturing their products & services, primarily in the healthcare industry. His combination of clinical and IT experience provides him with the ability to understand what TeleMate needs to truly make patient outcomes our primary focus.

Dr K Headshot

Dr. Chad Kurzynske - CMO

Dr. Chad Kurzynske is board certified in Internal Medicine. He received his medical degree from Loma Linda University School of Medicine in Loma Linda, CA and completed his chief residency at the Medical University of South Carolina in Charleston, SC. In his spare time, Dr. Kurzynske enjoys spending time with family, playing golf, keeping his lawn in pristine condition and loves exploring the local food scene!

Please enter your name.
Please enter a valid phone number.
Please enter a message.