StatPoint Medical

StatPoint Medical is a Maryland-based healthcare provider that delivers hospital-level care in patients' homes. Its model combines in-person clinical visits by fully employed registered nurses, nurse practitioners and physicians with 24/7 remote patient monitoring and telehealth support. Company vehicles are equipped with clinical supplies, and the company states it can reach patients in person in as fast as 90 minutes.

The company offers three clinical programs spanning acute and post-acute care. Rapid Response provides a complete assessment by a specialized RN with telehealth provider support and interventions within as little as 90 minutes. Mobile Acute Care provides hospital-level treatment at home for acute conditions. Extended Care provides ongoing clinical support for 30 or more days aimed at preventing readmissions and complications. Patients issued a StatPoint monitoring tablet can use it to reach an overnight nurse directly.

StatPoint markets the model to hospitals and health systems on the basis of cost and outcome improvements, citing 30-50% lower cost than an inpatient stay, 12% higher patient satisfaction, a 39% reduction in readmissions, and 120,000 rapid mobile visits delivered. A directory listing associates the company with conditions including diabetes, COPD, CHF and ESRD, and with assessments and diagnostics.

Founding story

The company's account of its origins is given by CEO Kris Gundrum, who describes his mother's 1992 diagnosis with Primary Progressive Multiple Sclerosis at age 36. She stopped driving in 1995 and walking in 1997, and lived in a nursing home from 1999 until her death in 2010. Gundrum became her power of attorney in 2003 and cites that seven-year experience of the healthcare system from multiple vantage points as the motivation for working to change how care is delivered.

Business model

StatPoint Medical operates as a direct care-delivery organization rather than a staffing or outsourcing intermediary: clinical staff are fully employed by the company, and it maintains its own physical infrastructure, including company vehicles stocked with supplies, alongside digital infrastructure such as patient monitoring tablets. It positions its services to hospitals and health insurance companies as a lower-cost substitute for inpatient stays, delivering the same level of care in the patient's home.

The company contracts with hospitals and health insurance companies to deliver in-home care that substitutes for inpatient stays, with savings of 50% or more cited in its directory profile. A third-party directory estimates annual revenue of approximately $684,440.

Traction

The company reports 120,000 rapid mobile visits delivered, and cites 30-50% lower cost than an inpatient stay, 12% higher patient satisfaction and a 39% reduction in readmissions. External directory data lists a headcount of 1-10 employees and no recorded funding.