Healthsense Names A.R. Weiler Chief Executive Officer Health-care industry veteran brings 20 years of leadership experience to growing senior services technology provider Business Wire MENDOTA HEIGHTS, Minn. -- January 7, 2013 Healthsense®, Inc., the leading provider of next-generation remote monitoring solutions for the senior care market, today announced that A.R. Weiler has joined the company as president and chief executive officer, effective immediately. Healthsense’s co-founder and previous CEO, Brian Bischoff, will serve as a consultant to the company. Weiler is a health-care industry veteran who brings more than 20 years of leadership experience to Healthsense. He has held a variety of executive positions including senior vice president of payer services for Emdeon, senior vice president for Virgin HealthMiles, senior vice president of provider sales and account management at UnitedHealth Group’s Ingenix, and vice president of Oracle’s North America health-care division. “I am excited about the growing opportunity at Healthsense,” said Weiler. “The company has a strong focus on innovative, reliable technology to improve care, reduce costs, and enhance the experience of caregivers and those in care. As Healthsense continues to develop flexible solutions for senior living communities and home-based care organizations to provide better care, I look forward to working closely with the board and management team to advance these initiatives.” In recruiting Weiler to lead the Healthsense team, the company accelerates the momentum around extending the reach of its remote monitoring platform throughout senior living communities and homes across the United States. An established leader in providing solutions to the congregate senior living space, Healthsense is poised for an exciting expansion into the dual eligible and Medicare Advantage markets. To support Healthsense’s expansion plan, the company recently raised an additional $7 million in financing from two industry partners: Merck’s Global Health Innovation Fund, LLC (GHIF) and Fallon Community Health Plan (Fallon). GHIF and Fallon joined Healthsense’s existing investors in the round, including Radius Ventures, Ziegler and the West Health Investment Fund. The company’s leading product is the eNeighbor® passive monitoring and analytics platform, which offers caregivers the ability to proactively identify emerging health concerns before they turn into emergencies. Care providers can also be automatically alerted to emergent situations like falls or nighttime wandering, minimizing the potentially catastrophic consequences of such events. Healthsense’s suite of solutions can meet the monitoring and oversight needs of individuals across the continuum of care, helping them remain independent, safe and secure. “We are very excited to have A.R. join the Healthsense team,” said Daniel Lubin, Chairman of the Healthsense Board of Directors. “Healthsense is well positioned to take advantage of a large, rapidly expanding market opportunity with its evolving technology-enabled care platform. A.R. brings an outstanding background to Healthsense, with past leadership roles that address critical elements of Healthsense’s emerging business model: technology, software and database management, payer and provider services, and consumer-driven health care.” About Ziegler Since 1902, Ziegler has grown to become a full-service, specialty investment bank and broker-dealer. Ziegler provides its clients with capital raising, strategic advisory services, equity and fixed income sales & trading, wealth management, and research. Specializing in the healthcare, senior living, education, and religion sectors, Ziegler is committed to advancing the health, wealth and well-being of our clients. About Healthsense, Inc. Healthsense, the fastest growing provider of aging services technology, provides technology-enabled care solutions for the entire senior care continuum. With a full range of remote monitoring, emergency response, and wellness management solutions, Healthsense helps senior care providers reduce costs, increase independence, and enhance caregiver and senior experiences. Built on a Wi-Fi platform, Healthsense products are scalable and enable flexible technology-enabled care designs that help communities deliver the highest quality of care. Visit www.healthsense.com for more information. Contact: At Healthsense: Sarah Jones, 952-400-7300 email@example.com or At Padilla Speer Beardsley: Matt Sullivan, 612-455-1700 firstname.lastname@example.org
Healthsense Names A.R. Weiler Chief Executive Officer
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