Empowering Healthcare: Investing in Retrieve Medical's Innovative Documentation Technology
/What is Retrieve Medical and the investment opportunity?
Retrieve Medical offers a cutting-edge computer-assisted physician documentation tool revolutionizing healthcare practices. And now, you can invest in the company and be a part of its success.
The company’s software is compatible with all major Electronic Medical Record Applications and emerged as a trusted solution provider in the healthcare tech landscape.
But, is investing in Retrieve Medical worth the risk? Keep reading to decide for yourself.
What is Retrieve Medical and how does it work?
Retrieve Medical equips physicians with comprehensive insights into patient care by analyzing vast amounts of patient data which leads to improved clinical decision-making and outcomes. It utilizes an AI-enhanced search algorithm and natural language processing to research a patient’s electronic medical record with the goal of enhancing the quality of physician documentation and reimbursement. By facilitating more precise and comprehensive documentation, Retrieve Medical empowers hospitals to improve patient care and reduce cash leakages.
The company’s innovative approach simplifies physicians' work and promises significant improvements in operational efficiency and patient care. Originally developed as an internal tool, Retrieve Medical is now available nationwide.
With endorsements from leading electronic medical records systems, Retrieve Medical is emerging as a cutting-edge healthcare innovation and an opportunity for investors to be at the forefront of transformative technology in healthcare.
Retrieve Medical’s successful track record
Retrieve Medical has reduced the time physicians spend on administrative tasks. With Retrieve Medical, documentation time is slashed from nine to three minutes, allowing physicians to focus more on quality patient care. This streamlined documentation process has also resulted in fewer insurance denials - improving healthcare operations, financial performance, and the overall patient experience.
Retrieve Medical's success is further validated by its strategic partnerships and intellectual property portfolio. Additionally, Retrieve Medical has three copyrights, two patents issued, and two pending patents within its IP portfolio.
What problems are Retrieve Medical solving?
Retrieve Medical addresses critical issues plaguing healthcare documentation. Incomplete records not only result in financial losses for healthcare institutions but also jeopardize patient outcomes. Physicians, burdened by excessive paperwork, experience decreased job satisfaction, while hospitals grapple with mounting insurance denials and declining quality scores.
As regulatory pressures intensify, the risk of lower payments due to incomplete documentation, resulting in reimbursement denials, is a huge concern. Retrieve Medical's innovative tool resolves these issues by streamlining documentation processes, enhancing physician satisfaction, and bolstering hospitals' financial viability.
Retrieve Medical’s potential and plans for growth
Retrieve Medical has 3 key revenue sources in its Software as a Service (SaaS) model. One revenue source is the SaaS product that costs hospitals a nominal charge of $25 per patient admission for utilizing its software. Another revenue source is ACOs (Accountable Care Organizations). In addition to those two revenue sources, they have ambulatory care. With an estimated 34 million hospital admissions annually, the revenue potential for Retrieve Medical amounts to a significant multi-billion dollar opportunity.
Retrieve Medical's overall growth plans include a multifaceted strategy. The company will leverage strategic partnerships with industry giants to amplify its market reach and credibility. Also, it will tap into its founder, Dr. Rosenberg, extensive network. Dr. Rosenberg is an emergency physician with over 45 years of experience in healthcare. Dr. Rosenberg is well known as an innovator and problem solver throughout his career as a clinician, administrator, business owner, and consultant. As President of the American College of Emergency Physicians, Dr. Rosenberg’s collaboration with esteemed colleagues nationally and abroad provided a framework for its 40,000 physician members to address the pandemic. Dr. Rosenberg serves as Chairman of the Board for Retrieve Medical since 2019.
Is Retrieve Medical a good investment?
If you’re wondering, “Should I invest in Retrieve Medical?” at Money & Mimosas, we encourage you to ask yourself three questions:
What are the potential roadblocks?
What is the potential growth or upside?
How does this align with my values and/or overall investment strategy?
The primary roadblock we see is the competition posed by industry giants like Epic that have $3-million dollar marketing budgets. However, unlike larger corporations, Retrieve Medical's solution is born from the experiences of those intimately familiar with electronic documentation systems. This intrinsic understanding enables the company to develop targeted, effective solutions tailored to address the specific pain points faced by healthcare professionals.
Thus far, Retrieve Medical has delivered impressive results. Additionally, its team's track record of success further demonstrates the company’s potential.
- Jerry Swon, CEO, leverages 40+ years of executive leadership, with a history of commercializing technologies from prestigious academic environments like Princeton and Cornell, and orchestrating exit strategies totaling over $300 million.
- Dr. Donald Thomas II, CMO, has reshaped clinical care in 30+ healthcare organizations across the northern hemisphere, boasting degrees from Howard University College of Medicine and Harvard University.
- Joerg Klaube, CFO, offers extensive financial management expertise gleaned from diverse roles in publicly held companies, holding a master’s degree from Rutgers University and a Banking School diploma from Berlin, Germany.
How to buy Retrieve Medical stock
You can invest in Retrieve Medical for $1.50 per share. The minimum investment is $1,000 and is open to all investors. You don’t have to be an accredited investor to invest in Retrieve Medical.
The process of investing is really easy. You head over to the investment page and click the ‘Invest Now’ button. From there, the website will walk you through the seamless process of becoming an investor with Retrieve Medical.
