Collective Medical Technologies

Collective Medical Technologies operates in the healthcare technology sector, focusing on improving patient care through enhanced collaboration among healthcare providers. The company serves a diverse range of clients including hospitals, health systems, emergency departments, inpatient and outpatient facilities, accountable care organizations (ACOs), risk-bearing organizations (RBOs), post-acute providers, health plans, primary and specialty care providers, and behavioral mental health practices.

Collective Medical's core product is a network platform that connects various care settings across the country, facilitating the sharing of critical patient information to ensure coordinated and effective care. This platform supports compliance with the CMS Interoperability and Patient Access rule, which mandates the secure exchange of patient data.

The business model is subscription-based, where healthcare institutions pay for access to the network and its features. Revenue is generated through these subscriptions, which provide continuous access to the platform's services and updates.

The company operates primarily in the United States, targeting both public and private healthcare sectors. By enabling better communication and data sharing among providers, Collective Medical aims to reduce hospital readmissions, improve patient outcomes, and enhance the overall efficiency of the healthcare system.

Keywords: healthcare technology, patient care, data sharing, interoperability, collaborative care, hospitals, health systems, ACOs, behavioral health, subscription model.