Healthsense Names A.R. Weiler Chief Executive Officer

  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
sarah.jones@healthsense.com
or
At Padilla Speer Beardsley:
Matt Sullivan, 612-455-1700
msullivan@padillaspeer.com
 
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