Prescribe FIT, a pioneering provider of remote patient
monitoring (RPM) technology and lifestyle health coaching
solutions, is thrilled to announce the successful completion of its
Series A round of funding. Over the past year, Prescribe FIT has
experienced phenomenal growth, tripling in size while focusing on
the root causes of orthopedic patients' musculoskeletal conditions.
Their virtual program not only improves surgical and non-surgical
outcomes but also helps prevent future injuries and improve each
patient's overall well-being.
COLUMBUS, Ohio, June 27,
2024 /PRNewswire-PRWeb/ -- Prescribe FIT, a
pioneering provider of remote patient monitoring (RPM) technology
and lifestyle health coaching solutions, is thrilled to announce
the successful completion of its Series A round of funding. Over
the past year, Prescribe FIT has experienced phenomenal growth,
tripling in size while focusing on the root causes of orthopedic
patients' musculoskeletal conditions. Their virtual program not
only improves surgical and non-surgical outcomes but also helps
prevent future injuries and improve each patient's overall
well-being.
"They're helping physicians look like
heroes in their local community," said Mike
Kaufmann, a Prescribe FIT board member and former CEO of
Cardinal Health. "It's amazing to see the effect an orthopedic
surgeon can have on a patient's overall health and
well-being."
"They're helping physicians look like heroes in their local
community," said Mike Kaufmann, a
Prescribe FIT board member and former CEO of Cardinal Health. "It's
amazing to see the effect an orthopedic surgeon can have on a
patient's overall health and well-being. Patients are leaving
life-changing testimonials on their practice's websites. They even
have patients driving across the state to find a practice that
offers the Prescribe FIT health coaching program."
One of their patients, Shawna Ott
recently said, "Dr. Crawford at
JIS Orthopedics agreed to do my knee replacement but suggested I
lose 30lbs before the surgery. I have struggled with being
overweight my whole life and have always done some type of 'yo-yo
dieting' but Prescribe FIT has totally changed my life! Before
Prescribe FIT, I was miserable, depressed, hopeless, no energy, in
pain constantly, and short of breath just walking in my house to
the bathroom. Now I feel great! I am able to walk around the block,
or play in the yard with my granddaughter, or go do different
activities with her that I wasn't able to do before. As of today, I
have lost 106lbs with Prescribe FIT."
As the company gears up to scale its operations, this funding
round includes notable contributions from Jim Grote, Tamarind Hill, and Jobs Ohio Growth
Capital. Additional investors include seasoned executives and
orthopedic surgeons such as Dr. Keith
Berend, Dr. David Dickerson,
Tom DiMarco, Tom Feeney, Mike
Kaufmann, Dr. Adolph Lombardi,
Jr., Dr. Mark Malinowski, and
Matt Scantland.
"We are incredibly grateful for the continued support of our
current investors and the new partnerships we've formed," said
Brock Leonti, CEO and Founder of
Prescribe FIT. "This funding allows us to continue to enhance our
technology in a capital-efficient manner, expand our team through
responsible hiring, and ultimately transform more patients'
lives."
The company plans to launch several innovative solutions
designed to extend care and improve the day-to-day lives of more
patients. These include remote therapeutic monitoring (RTM) for
pain reduction and mobility enhancement, a smoking cessation
program geared towards surgical optimization, and an AI-driven
solution to boost patient engagement. Prescribe FIT will also use
the funds to hire additional health coaches, which differentiates
the company by ensuring personalized care from real human beings
with clinical backgrounds.
"Patients want proactive, preventative, personalized care," said
Leonti. "Over the next year, our goal is to expand our technology
to make our human-centered care more scalable. The aim is to
improve outcomes with smarter technology, whether it's for patient
outreach to candidates who've been prescribed the program, or for
patients who have been actively participating in our program for
years."
Today, 80% of Prescribe FIT's patients stay active in the
program for at least nine months. Patients typically see 5.4% body
weight loss in the first 16 weeks which also results in 82% of
patients in severe pain seeing a reduction and 81% of patients with
limited mobility seeing an improvement. Some patients have been in
the program for over 1,000 days, lost as much as 173lbs or 43% of
their starting body weight, and reduced their BMI by as much as 27
points. Patients have also gone from 10 to 0 on the 10-point pain
scale and 10 to 25 on a 25-point mobility scale.
Prescribe FIT's new technology leader, Amer Ghanem, expressed enthusiasm about the
future: "There's an amazing opportunity here to completely change
the way we think about healthcare in America. New technologies will
lead that charge. We're closely monitoring how AI can contribute to
a smarter healthcare experience with improved outcomes."
"Most chronic diseases are linked to smoking, alcohol, poor
nutrition, physical inactivity, and obesity," said Jack Gainer, President and COO at Prescribe FIT.
"It's an epidemic in America today. More than 40% of adults in
the United States are obese and
55% of patients presenting to orthopedic clinics are obese. We're
not only tackling the Orthobesity crisis but addressing the larger
$1.1 trillion annual healthcare
spending problem in America caused by chronic conditions. It has to
get better, and it will with our help. Our country is on the brink
of embracing a value-based care model that will revolutionize
healthcare for Americans."
Prescribe FIT remains focused on musculoskeletal patients for
now and aims to be an extension of every private orthopedic
practice in the country. In 2023, they expanded to practices from
Hawaii and Washington to New
Jersey and Florida.
"We've had so much success over the past year that we've had to
create a waitlist for other providers eager to join us," said
Amanda Pinney-Kolon, VP of Physician
Partnerships at Prescribe FIT. "Together with our partners, we've
grown to become the 'Leader in Orthopedic Patient Optimization' as
we help more and more patients address the root cause of their MSK
issues and be better prepared for surgical or non-surgical
treatment."
About Prescribe FIT
Prescribe FIT is a full-service remote patient monitoring (RPM)
and virtual lifestyle health coaching solution designed
specifically for orthopedic practices to optimize patients for
surgery and improve musculoskeletal (MSK) health. By combining
innovative technology with one-on-one coaching and patient
outreach, we help patients reduce pain, improve mobility, and
decrease weight through simple changes to nutrition, physical
activity, and lifestyle.
Media Contact
Ryan Pratt, Prescribe FIT, 1
614-683-7346, ryan@prescribefit.com,
https://www.prescribefit.com/
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SOURCE Prescribe FIT