Tag Archive for: Connecture

GrandCare’s new CEO shares capital raise strategy with the Business Journal

GrandCare Systems raising $2 million

Senior Reporter-Milwaukee Business Journal
GrandCare Systems, a West Bend home-health-monitoring software firm, is raising $2 million in capital to fund what its new CEO Dan Maynard predicts will be ten-fold sales growth this year.Maynard, 46, joined GrandCare Jan. 1 after serving as president, CEO and adviser to Brookfield-based software firm Connecture Inc., which provides a point-of-sale program that steers consumers through insurance choices.The company developed cloud-based technology that enables remote monitoring of patients with chronic health problems who are at home, in long-term care or in hospice. GrandCare installs its software on laptop-style computers and ships them from leased space in the basement of the BMO Harris Bank office in downtown West Bend.

3c6c370The company has 20 employees and Maynard predicts employment will grow to 40 within the next year. Currently, 1,000 of its units are in use, and Maynard expects that number to reach 10,000 within the next year.

GrandCare’s growth will come through new customer relationships both in the domestic and international markets, Maynard told me

In the United States, the company has signed distribution deals with health-insurance giant UnitedHealthcare … On the consumer front, GrandCare’s products will be available through Amazon.com’s 50 Plus section…

… To read the entire article, click here

Telecare Aware: A change of guard at GrandCare Systems

November 14, 2013 | By: Donna Cusano

This Editor has often referred to her former competitor GrandCare Systems as one of the ‘grizzled pioneers’ on the Conestoga Wagons of Telecare–even more grizzled than QuietCare (circa 2003-4) since their ur-system dates back to 1995-6, when it kept track of founder and CEO Charlie Hillman’s mother Clara. In the years since, the closely-held company has broadened its original telecare and activity monitoring tech into telehealth, socialization and home automation/monitoring into the most fully featured system in telecare/telehealth for older adults. Without making huge splashes, being beholden to VCs or moving from bucolic West Bend, Wisconsin, the company has grown through multiple alliances, the most unusual being home automation association CEDIA. GrandCare has a residential base of customers but has also developed a solid footing in senior communities both in assisted and independent living. Earlier this year, they reached into UK to partner with Saga and received the CE Mark for approval of its telehealth features for EU distribution.

The news is that they have a new CEO–Daniel Maynard, who is joining from the same position at Connecture, a software provider for health insurance comparison/enrollment (and exchange subcontractor in Minnesota, Maryland and Washington, DC.) Mr. Hillman will be moving to Chief Technical Officer, which may leave him more time for his work as a LeadingAge/CAST commissioner. Mr. Maynard understands early stage company growth, technology and healthcare well, since he has founded and developed several companies, including a predecessor to Connecture. 2014 may be an interesting year for news out of West Bend!

– See more at: http://telecareaware.com/a-change-of-guard-at-grandcare-systems/#sthash.JOO60inL.dpuf