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August 04, 2015 3:22 PM ET

Healthcare Equipment and Supplies

Company Overview of Healthsense, Inc.

Company Overview

Healthsense, Inc. provides technology solutions to assist care providers in caring for at-risk populations. Its products include eNeighbor, a remote monitoring system solution that automatically detects need for assistance; custom monitors for wandering, falls, or missed medication; and custom voice prompts to remind staff or resident to complete a task or action. The company also provides PERs, a personal emergency response system package for active seniors who communicate with others; eCall, an emergency call system solution for senior living communities; eNeighbor Dashboard, a Web-based preventative monitoring application that identifies health concerns through a tiered analysis of data c...

1191 Northland Drive

Suite 100

Mendota Heights, MN 55120

United States

Founded in 2001

Phone:

952-400-7300

Fax:

952-400-7299

Key Executives for Healthsense, Inc.

Chief Executive Officer and President
Co-Founder and Consultant
Co-Founder and Vice President of Business Development & Marketing
Chief Financial Officer
Age: 63
Vice President of Engineering
Compensation as of Fiscal Year 2015.

Healthsense, Inc. Key Developments

Healthsense, Inc. Launches New Health Dashboard, Delivering Instant Insight for Proactive Care

Healthsense, Inc. announced the release of its eNeighbor(R) Dashboard(TM), a first-of-its-kind application which utilizes proprietary analytics to help providers make more informed care decisions. The eNeighbor Dashboard arms care providers with the actionable information needed to address the rising costs and challenges of caring for a clinically complex, rapidly growing senior population. It provides caregivers with access to the right data at the right time so they can deliver high quality care and reduce unnecessary costs to the healthcare system. Part of the Healthsense eNeighbor remote monitoring platform, the eNeighbor Dashboard is a web-based preventative monitoring application that quickly and easily identifies health concerns through a tiered analysis of data collected by sensors placed in an individual's home. These sensors continuously gather data on activities of daily living (ADL), key wellness indicators such as sleep quality and activity, and other physiological information.

Healthsense Appoints Peter H. Soderberg as Chairman of the Board

Healthsense, Inc. announced the appointment of Peter H. Soderberg, Managing Partner of Worthy Venture Resources, LLC, as Chairman of its Board of Directors. Soderberg replaces Kenneth Burdick, President and COO of WellCare Health Plans, who served as Healthsense Board Chair since 2012. Soderberg, who founded Worthy Venture Resources in 2010, invests in and advises post-startup companies within the medical device, health IT and consumer health market sectors that are transitioning from initial market development to an established national or international market presence. Soderberg also serves on the boards of Greatbatch, Inc., Earlysense Ltd., and Tactile Medical, whose board he chairs. Previous positions include President and CEO of Hill-Rom, Hillenbrand Industries and Welch Allyn, as well as President of Johnson & Johnson Health Management, which culminated a 23-year career with J&J. Burdick, Soderberg's predecessor as Board Chairman, has stepped down from the Healthsense Board to focus on his new position as President and COO of WellCare Health Plans.

Healthsense Closes $10 Million Financing with Mansa Capital

Healthsense Inc. announced that it has closed on $10 million in financing led by Mansa Capital focused on the $2.8 trillion U.S. healthcare market. Previous investors Merck Global Health Innovation Fund and Radius Ventures LLC also participated in the round. With Healthsense's growing focus on helping managed care organizations optimize care, the firm has deployed several pilot programs within the last year including partnerships with Humana Cares/Senior Bridge, Fallon Health, and various others. Early program results suggest a positive impact of the Healthsense eNeighbor(R) remote monitoring platform on improving care outcomes for those with chronic health conditions by providing earlier interventions and readmission rate reductions in various care environments.

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