VOX Telehealth Announces Close of $1.1M Round of Funding Amongst Increased Industry Recognition
August 7, 2014, Pennington, NJ – VOX Telehealth, a leader in the development of procedure -specific, patient engagement programs, announces the close of an oversubscribed $1.1M Angel Round. This represents their second and final angel round and will provide funding for their initial rollout of the VOX OrthoCare Program in partnership with the Bon Secours Health System of Virginia, their collaborative development of the VOX PalliativeCare Program, and their broader go-to-market strategy prior to their Institutional Round of financing during 1st Q of 2015.
Enrollment in the VOX OrthoCare Program begins this fall for patients undergoing major joint replacement at St. Mary’s Hospital, a member of the Bon Secours Health System, in Richmond, VA. The prescribed, technology-based program engages the patient beginning 30 days prior to their surgery and will see them through their recovery process for 90 days post discharge. Patient Education and SmartTasks are organized into the patient’s Daily Checklist that guides them through each phase of their episode to drive patient compliance, improve patient’s episodic experience and significantly impact meaningful metrics such as direct-to-home discharge, readmissions and revision surgeries due to complications.
“With every surgical procedure there is a risk for complications after discharge, which can drive hospital readmissions. But that risk can be reduced or even eliminated if the patient knows what to expect and how to follow their care plan,” said John Turner, Vice President of the Bon Secours Orthopaedic Institute. “In today’s hospital environment, everyone, including doctors, patients and nursing staff, can benefit from technology that gives them easy, immediate access to tools and information to support their recovery and keep them out of the hospital.”
“We have sought to be very intentional at every step; from the development of our care model to the structure and growth of our organization,” said Founder and CEO David Brown. “The success of this investment round and excitement around our 2015 institutional funding strategy highlight not only the growing momentum of this burgeoning industry, but also the careful and productive navigation of our company in this quickly evolving landscape.”
About VOX Telehealth
VOX Telehealth was founded to improve patient outcomes by redefining the patient experience and recovery model. Through a state-of-the art platform, VOX delivers procedure-specific, full episode-of-care engagement solutions that provide education, coordination, and monitoring through industry leading content, proprietary SmartTasks™ and a customizable alert escalation and notification system. Engaging the patient throughout their pre-op phase, as well as through transition of care and recovery, patients are connected and accountable, leading to greater satisfaction, improved outcomes, and reduced cost of care. For more information, visit www.voxtelehealth.com.