PatientSafe Solutions - About the company
PatientSafe Solutions is an acquired company based in San Diego (United States), founded in 2002. It operates as a Smart Point-of-Care Mobile Solutions for Healthcare organizations. PatientSafe Solutions has raised $143M in funding from investors like Merck Global Health Innovation Fund, HighBar Partners and TPG. The company has 193 active competitors, including 51 funded and 19 that have exited. Its top competitors include companies like PerfectServe, Siilo and Pulsara.
Company Details
PatientSafe Solutions provides smart point-of-care mobile solutions and innovating technologies enabling accountable care for healthcare organizations. Its flagship product, the PatientTouch System, delivers measureable safety and quality improvement by making care team workflows streamlined. The PatientTouch system transforms care delivery by providing frontline clinicians wireless clinical mobility on a single, intuitive, handheld device that fits in your pocket. The platform runs on a PatientSafe Solutions-designed, developed, and supported device that pairs Apple iOS hardware with enhancements including a high-performance barcode scanner, full-shift battery, and ruggedized hospital-grade jacket. Positive Patient Identification workflows utilize barcode-enabled workflows for medication administration, specimen collection, infant care, and blood product administration. Customizable Care Interventions ensure real time order execution and hospital process/policy instrumentation at the point of care. Communication capabilities allow for real-time care team collaboration and alerting features.
- Website
- patientsafesolutions.com
- Registered Address
- San Diego, California
Key Metrics
Founded Year
2002
Location
San Diego, United States
Stage
Acquired
Total Funding
$143M in 11 rounds
Latest Funding Round
Investors
Ranked
23rd among 193 active competitors
Employee Count
63 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Vocera (Apr 29, 2021)
Legal entities associated with PatientSafe Solutions
PatientSafe Solutions is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PATIENTSAFE SOLUTIONS CIN: 943349097 , United States, Active | Dec 31, 1999 | - | 63 (As on Dec 31, 2022) | - |
PatientSafe Solutions's acquisition details
PatientSafe Solutions got acquired by Vocera on Apr 29, 2021. It was facilitated by Cain Brothers.
Click here to take a look at PatientSafe Solutions's acquisition in detail
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PatientSafe Solutions's funding and investors
PatientSafe Solutions has raised a total funding of $143M over 11 rounds. Its first funding round was on 2003. Its latest funding round was a Series D round on Sep 25, 2017 for $*****. 5 investors participated in its latest round. PatientSafe Solutions has 12 institutional investors.
Here is the list of recent funding rounds of PatientSafe Solutions:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 25, 2017 | 8733176 | Series D | 6744703 | 4447598 | 5269269 | 5816810 |
Aug 11, 2016 | 5636494 | Series C | 4822416 | 1260325 | 3329959 | 8333393 |
Jan 21, 2014 | 9826096 | Series C | 2954920 | 6355297 | 5081469 |
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PatientSafe Solutions' founders and board of directors
Founder? Claim ProfilePatientSafe Solutions' employee count trend
PatientSafe Solutions has 63 employees as of Dec 22. The total employee count is 26.0% lower than what it was in Dec 21. Here is PatientSafe Solutions's employee count trend over the years:
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PatientSafe Solutions's Competitors and alternates
Top competitors of PatientSafe Solutions include PerfectServe, Siilo and Pulsara. Here is the list of Top 10 competitors of PatientSafe Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PerfectServe 2000, Knoxville (United States), Acquired | Healthcare communication and collaboration solutions to accelerate speed to care | $32.9M | 66/100 | |
2nd |  Siilo 2015, Amsterdam (Netherlands), Acquired | Developer of secure messaging application and network for healthcare professionals | $15.7M | 58/100 | |
3rd | Pulsara 2013, Bozeman (United States), Series C | Telehealth communication platform connecting care teams for faster, better patient care | $51.2M | - | 57/100 |
4th |  Careforth 2000, Boston (United States), Unfunded | Provider of caregiver support and resources for families | - | - | 57/100 |
5th | Audacious Inquiry 2004, Baltimore (United States), Acquired | Management and technology consulting | - | 55/100 | |
6th | Forcura 2010, Jacksonville (United States), Series A | Healthcare workflow automation and communication platform for connected care and better performance | $150K | 55/100 | |
7th | Outpatient 2016, San Francisco (United States), Seed | Mobile health management system for primary caregivers, patients, and families | $2.07M | 55/100 | |
8th |  ZorgDomein 2000, Breukelen (Netherlands), Funding Raised | Digital platform for care team communication | - | 50/100 | |
9th | Developer of ICT solutions for remote medical care and support | $50.7M | 50/100 | ||
10th | List Runner 2014, San Francisco (United States), Seed | AI-powered healthcare solutions simplifying workflows for providers, administrators, and patients | $620K | 50/100 | |
23rd | PatientSafe Solutions 2002, San Diego (United States), Acquired | Smart Point-of-Care Mobile Solutions for Healthcare organizations | $143M | 41/100 |
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PatientSafe Solutions's Investments and acquisitions
PatientSafe Solutions has acquired Vree Health. PatientSafe Solutions has not made any investments as of now.Reports related to PatientSafe Solutions
Here is the latest report on PatientSafe Solutions's sector:
News related to PatientSafe Solutions
Filter this list•
Vocera Communications to acquire PatientSafe SolutionsSeeking Alpha•Apr 30, 2021•Vocera, PatientSafe Solutions
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PatientSafe Solutions Launches Mobile Video Capabilities for Virtual Team-Based CareBusiness Wire•Jun 11, 2020•PatientSafe Solutions
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PatientSafe Solutions Enhances Physician Privacy and On-Call Schedule CapabilitiesBusiness Wire•Sep 12, 2019•PatientSafe Solutions
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PatientSafe Solutions Welcomes Kathleen Harmon as Chief Clinical OfficerBusiness Wire•Jan 17, 2019•PatientSafe Solutions
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PatientSafe Solutions Welcomes Industry Veteran Tim Needham as Chief Commercial OfficerBusiness Wire•Oct 29, 2018•PatientSafe Solutions
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