Growing Market Presence Connected Home Living operates within the expanding healthcare and remote patient monitoring sector, with an estimated revenue between $1 million and $10 million, indicating substantial growth potential for telehealth solutions and expanding client opportunities.
Strategic Technology Partnerships The company's recent collaboration with Axxess Technology Solutions highlights opportunities to offer integrated telehealth monitoring services and leverage advanced remote care platforms to attract healthcare providers seeking comprehensive digital health solutions.
Focus on Seniors Care Specializing in aging-in-place and social programs for seniors, CHL presents a targeted sales opportunity for products and services focused on elderly care, social engagement, and remote monitoring to meet the growing aging population's needs.
Niche Service Offering With a compact team of 11-50 employees and a focus on preventative hospital readmission, there is potential to upsell additional telehealth features or expand services to healthcare organizations looking to implement cost-effective, quality remote patient management.
Market Trends Alignment As telehealth and remote patient monitoring continue to grow in the healthcare industry, CHL's innovative approach aligns well with current market trends, providing opportunities to develop new technology integrations, enhance features, and capture broader market share.