Care Technology Solutions Receives $100K Investment by Ben Franklin Technology Partners of Northeastern Pennsylvania
Bethlehem, PA, November 28, 2016 --(PR.com)-- Care Technology Solutions, LLC (CTS) has been selected by Ben Franklin Technology Partners of Northeastern Pennsylvania for a $100,000 investment to expand marketing and sales it was announced today by Joe Cellucci, co-founder and CEO. The company is headquartered in Ben Franklin TechVentures®, an award-winning business incubator/post-incubator facility on Lehigh University’s campus in Bethlehem.
Founded in 2015, the CTS patented software platform enables health care providers to activate patient engagement in an outpatient setting by integrating a network of disconnected providers. The fully integrated service provider network supports a holistic patient relationship management framework that engages the patient in determining the type and delivery of services in an at-home setting, reduces the cost of delivering services and increases the service providers’ revenue potential by offering new services.
“Ben Franklin’s endorsement is further confirmation that CTS is being recognized as an innovator in creating a patient-centric network in which all stakeholders in the care of a patient are connected for real-time participation in assuring the wellbeing of the patient. A practical result is the avoidance of unnecessary hospital readmissions and the ability to deploy needed resources quickly and efficiently,” Cellucci said.
Cellucci said that the rigorous Ben Franklin due diligence process “challenged our leadership team to concentrate on differentiating CTS from a crowded field of health care monitoring and data collection technologies that provide only partial solutions to the growing trend toward consumerism in health care. Our Impresario platform has been built to configure personalized applications without the expense of extensive coding, which reduces the time and complexity of implementation.”
He added that the due diligence process was also helpful in honing the company’s investor presentation and explaining how CTS has evolved since its inception.
Founded in 2015, the CTS patented software platform enables health care providers to activate patient engagement in an outpatient setting by integrating a network of disconnected providers. The fully integrated service provider network supports a holistic patient relationship management framework that engages the patient in determining the type and delivery of services in an at-home setting, reduces the cost of delivering services and increases the service providers’ revenue potential by offering new services.
“Ben Franklin’s endorsement is further confirmation that CTS is being recognized as an innovator in creating a patient-centric network in which all stakeholders in the care of a patient are connected for real-time participation in assuring the wellbeing of the patient. A practical result is the avoidance of unnecessary hospital readmissions and the ability to deploy needed resources quickly and efficiently,” Cellucci said.
Cellucci said that the rigorous Ben Franklin due diligence process “challenged our leadership team to concentrate on differentiating CTS from a crowded field of health care monitoring and data collection technologies that provide only partial solutions to the growing trend toward consumerism in health care. Our Impresario platform has been built to configure personalized applications without the expense of extensive coding, which reduces the time and complexity of implementation.”
He added that the due diligence process was also helpful in honing the company’s investor presentation and explaining how CTS has evolved since its inception.
Contact
Care Technology Solutions, LLC.
Elizabeth Murray
866.766.8557
www.cts4health.com
Elizabeth Murray
866.766.8557
www.cts4health.com
Contact
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