1 True Health - Care Management, Inc.

Virtual-First Preventative Care through delightful services and intelligent software
Austin

About 1 True Health - Care Management, Inc.

Our Technology Platform combined with skillful Care Coordination allows us to provide Chronic Care Management, Remote Patient Monitoring, and Transitional Care Management at scale, including both the patient and their care network (family/caregivers/physicians) via multiple communication methods. We offer literally a “white glove”, turnkey service delivered to patients on behalf of our clinical partners (practices, hospitals, senior communities). The result is clear and impactful: Health and wellness improvements, more involvement from the care network (through a Personal Health Record and Comprehensive Care Plan), and better access to life-saving clinical care for those who have been disproportionately affected by COVID-19 (lower-income individuals and seniors of color).

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Problem statement

Each year over $3 Trillion (literally 90% of the nation’s annual healthcare expenditures) is spent on chronic and acute disease management. Yet with over 44 million Americans eligible for a Medicare-reimbursed Chronic Care Management program, fewer than 1.5% take advantage of this federal initiative. Often the patient’s healthcare practitioner isn’t staffed to be able to deliver this needed service. And COVID-19 has exacerbated the problem, as fewer than 40% of Seniors in the U.S. had a clinical encounter (in person or by telehealth) during the pandemic, and mental health issues (anxiety, social isolation, loneliness) are on the increase in the senior population. That’s where 1TH-CM finds our opportunity.

Traction Metrics

Traction information

1TH-CM initially focused on the Austin, TX area. We quickly enrolled patients through a B2C model. In late 2022 we launched a B2B sales effort and we are now forming partnerships with Clinical Practices and Hospitals in Austin, Dallas, and in rural Texas. We have also inked a Reseller Agreement with the largest Health Information Exchange in Texas covering 82 counties, 57 hospitals and hundreds of clinics and physician groups. We have also been endorsed by the Texas Organization of Rural & Community Hospitals (whose members include 163 rural hospitals in the state of which 86 are considered to be Critical Access Hospitals, where care is very limited). We have also signed a Reseller Agreement with a Transitional Care Management company serving 16 hospitals over 4 states. And 1TH-CM has begun selling to Senior Living Communities offering clinical services to their residents.

Milestones

December 2022

Product Release: trueCare Patient Engagement platform

1 True Health has released a mobile and cloud-based Patient Engagement application (“trueCare”) that allows us to provide Chronic Care Management, Remote Patient Monitoring and Transitional Care Management on behalf of clinical practices, hospitals, and senior living communities (addressing the issues of staffing and patient engagement). Our technology connects the senior with their care network (family/caregivers/physicians) via multiple communication methods and provides meaningful information on the patient’s past encounters and real-time health information. trueCare also visualizes the senior’s care plan instructions and engages them via notifications and visual/verbal communication to improve compliance.

Updates

1TH-CM Funding:

- Founder's Funding: $640,000

- Seed Round: $845,000 toward a $2M goal

trueCare Patient Engagement platform released on 12/26/22

1TH-CM Funding:

- Founder's Funding: $640,000

- Seed Round: $615,000 toward a $1.5M to $3M goal

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Funding

Not raising capital right now

Total raised to date:$845,000
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