July 5, 2023 – BlueKey Equity Partners (BKEP), a leading private investment firm specializing in small and mid-capital growth companies, announces its recent investment in Telemetrix , a uniquely positioned virtual health care enabler. Telemetrix is a provider in the remote patient monitoring (RPM) industry with access to a full, real-time instance of the Epic electronic health records (EHR) platform, creating seamless actionable alerts for providers and reducing employee training needs and includes filing values, dynamic alerting, minute tracking and calculations, and filing charges.
“We are thrilled to partner with Telemetrix as they continue to revolutionize the remote patient monitoring industry,” said Amaury Cifuentes, CFP®, CMP®, and a BlueKey Equity Partner. “Their unique integration with the Epic EHR platform provides unmatched capabilities and insights, making them a game-changer in the healthcare space.”
Telemetrix offers comprehensive home-based patient monitoring and engagement solutions, working with numerous remote patient monitoring devices and systems. By having direct access to the Epic EHR platform, Telemetrix can provide features, services, and health data analytics that no other RPM provider can offer. This integration streamlines workflows for providers, reduces training time for employees, and enables seamless, actionable alerts for improved patient care. As a result Telemetrix is able to integrate faster and more efficiently into large health systems, which has been a hurdle for many competitors in the space.
“We are excited to have BlueKey Equity Partners as our strategic partner,” said Burley Wright, Telemetrix CEO. “Their expertise and support will accelerate our efforts to make meaningful improvements in patient access and care, and further solidify our position as a leading virtual health care enabler.”
Telemetrix announced in March, 2022 that it signed a master services agreement piloting remote patient monitoring (RPM) and patient engagement solutions with Memorial Healthcare System (Memorial) in Hollywood, Florida. Telemetrix specifically chose Memorial for its size and community impact. Memorial includes over 1,500 physicians providing care to over 150,000 covered patients. Telemetrix is also currently servicing Piedmont Healthcare, and has contracted with WVU Medicine for RPM and CCM services and for implementation.
Telemetrix is a uniquely positioned virtual health care enabler, able to support health systems in making meaningful improvements in patient access and care. Telemetrix’ position as a provider in the remote patient monitoring (RPM) industry with access to a full, real-time instance of the best-in-breed electronic medical records platform reduces the need for employee training and creates seamless, actionable provider alerts. It also means that Telemetrix offers features, services, and health data analytics no other remote patient monitoring provider can offer. Telemetrix is headquartered in Madison, Wisconsin.
BlueKey Equity Partners is a private investment firm specializing in small and mid-capital growth companies. With a focus on private lending, core real estate, and business investment, BlueKey Equity Partners leverages partnerships between investors, principals, and communities to provide capital, innovative solutions, and strategic expertise to its portfolio throughout the investment cycle.
