Praesidium
BioFi (formerly Praesidium) offers a remote patient monitoring (RPM) platform powered by non-contact vital sign detection technology. Their solution integrates with no-touch and low-touch devices to continuously monitor patient vital signs and health data, providing real-time feedback and enabling timely interventions. The platform supports providers by simplifying compliance, offering integrated billing for RPM services, and providing additional revenue streams. BioFi handles patient outreach, set-up, onboarding, and monitoring, delivering health data and compliant billing codes. Their proprietary technology is developed by an expert team passionate about creating advanced software-led and hardware-enabled solutions in heart rate monitoring and continuous glucose monitoring (CGM). The company targets independent and specialty practices, assisted living facilities, home health agencies, and pharmacies.
Praesidium
BioFi (formerly Praesidium) offers a remote patient monitoring (RPM) platform powered by non-contact vital sign detection technology. Their solution integrates with no-touch and low-touch devices to continuously monitor patient vital signs and health data, providing real-time feedback and enabling timely interventions. The platform supports providers by simplifying compliance, offering integrated billing for RPM services, and providing additional revenue streams. BioFi handles patient outreach, set-up, onboarding, and monitoring, delivering health data and compliant billing codes. Their proprietary technology is developed by an expert team passionate about creating advanced software-led and hardware-enabled solutions in heart rate monitoring and continuous glucose monitoring (CGM). The company targets independent and specialty practices, assisted living facilities, home health agencies, and pharmacies.
TL;DR
Product: Remote patient monitoring platform using non-contact vital-sign detection (BioFi)
Founded / HQ: 2016; St. George, Utah, USA
Customers / Targets: Independent & specialty practices, assisted living, home health agencies, pharmacies
Team size (reported): Approximately 10 employees
Funding (reported): Total ~6,000,000 USD; Series A reported (lead: Wasatch Ventures)
Company Overview
Problem Domain
Remote patient monitoring, clinical monitoring of vital signs, compliance and billing for RPM services
Founded
2016
Industry
Healthtech / Remote patient monitoring
Funding Track Record
Series A reported; exact round amount not specified in evidence