Provene, Inc.

Provene uses real-time monitoring and proactive intervention to improve outcomes for jail recidivism, substance abuse recovery, and hospital readmission. Improvements in outcomes save programs (and taxpayers) billions.
Austin

About Provene, Inc.

Provene’s patient-facing app has customizable capabilities to connect resources, track activity, and observe behavior. This allows providers to develop and optimize best practices throughout the continuum of care. Improving outcomes improves participant care, but also saves programs considerable sums. Provene was developed as an enterprise solution and can be private labeled for a client

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Problem statement

Jail is more expensive than Harvard. Private treatment fails 80% of the time. Prison recidivism is an alarming 90%. In 2018, over 80% of hospitals received a financial penalty from Medicare for failing to meet readmission requirements. All these programs put the responsibility for success on sick and ill-equipped participants - often without additional resources and we expect them to be successful. Homeless patients are discharged from state of the art facilities literally onto the sidewalk. We can do better.

Traction information

• Raised $1.2MM pre-seed round, raising $750k seed round
• Accepted into Texas Venture Labs (Spring 2020)
• Revenue - $52k (2019), $392k (2020 projected)
• Partnerships - Luna Recovery, Community Care Collaborative, Patient Care Intervention Center, Houston Recovery Center
• Customers - HEROES Houston project by the UT Health (Houston), Bexar County Mental Health Court, Bexar County Drug Court, Bexar County DWI Court, Bexar County Pretrial, Contemporary Recovery

Updates

Profile created.
Added over 2 years ago
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