Real Time Medical Systems

What Real Time Medical Systems does

Real Time Medical Systems is a private, Columbia, Maryland–based healthcare interventional analytics company founded in 2011 by Dr. Scott Rifkin. It operates a cloud-based, HITRUST r2 and SOC 2 Type 2 certified platform that continuously synchronizes both structured and unstructured data — including live nursing notes — from all major post-acute electronic health record systems, then applies proprietary AI algorithms against a 72-hour patient baseline to detect subtle clinical changes and surface real-time, prioritized intervention alerts aligned to AMDA and INTERACT 3.0 standards. The platform's flagship module, CARD, is a patent-pending readmission risk scoring tool built on the LACE Index; other modules include PDPM Complete (reimbursement optimization), TEAM Insights (CMS TEAM model analytics), Infection Control & Antibiotic Surveillance, a mobile Notifications App, and the Real Time Connect API for payer/provider integration. The company reports 2,300+ healthcare facilities served and 278,300+ patient lives monitored, with a stated 52% average readmission reduction across the customer base.

The company sells primarily through annual subscription contracts on a quote-based, demo-driven enterprise sales motion targeting four verticals: skilled nursing facilities, hospitals and health systems, accountable care organizations, and health plans. Distribution is augmented by a technology and channel partner network that includes MatrixCare, Lightbeam Health Solutions, Bamboo Health, Relias, Synergy HealthCare Alliance, Link-age, and LifeSpan Network, alongside GPO and provider association relationships. Customers disclosed in the input include Allina Health, St. Joseph's Health, Penn Medicine Lancaster General, Creative Solutions in Healthcare, Lorien Health Services, North Shore Health, Affinity Health Services, Continuum Healthcare, Diversicare, Priority Health, and Probari.

Real Time has raised approximately $29.7M in disclosed funding, most recently a $20M Series C in August 2021 led by BASE Capital and SunBridge Capital, with DC Advisory as exclusive financial advisor. The company employs 51–100 staff across its Columbia, MD headquarters and a Linthicum Heights, MD engineering office, led by CEO Joan Neuscheler with founder Dr. Scott Rifkin as Executive Chairman. Recent strategic activity — including the November 2025 launch of TEAM Insights timed to CMS's mandatory TEAM model go-live, the April 2026 Allina Health partnership, expanded Innovaccer collaboration, and the hire of former NAACOS Board Chair Anthony Reed as VP of Strategic Partnerships — points to an organization positioning for growth under value-based care and bundled-payment tailwinds.

Name

Real Time Medical Systems

Legal name

Real Time Medical Systems LLC

Website

https://realtimemed.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Real Time Medical Systems is a cloud-based healthcare analytics company whose Interventional Analytics platform continuously ingests live post-acute EHR data to deliver AI-driven readmission risk scoring, clinical alerts, and PDPM reimbursement optimization for skilled nursing facilities, hospitals, ACOs, and health plans.

Ownership category

akta.pro rank

Product category

Post-Acute Care Analytics Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Health Services (8000)

akta.pro primary industry

Post-Acute & Hospital-at-Home Remote Care Platforms (HLACAFAB)

akta.pro secondary industries

Post-Acute & Transitional Care Virtual Platforms (SNF/home health coordination) (HLALABAG), Chronic Condition Virtual Care & Disease Management (Payer-Sponsored) (HLALACAE)

Keywords

• Post-acute care analytics
• Interventional analytics platform
• EHR data integration
• Readmission risk scoring
• Healthcare interoperability

Headquarters

HQ city

Linthicum Heights

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Healthcare Analytics SaaS Subscription: Subscription-based analytics platform providing real-time post-acute EHR data analysis. Revenue derived from healthcare facilities, health systems, ACOs, and health plans subscribing to the Interventional Analytics platform. Likely priced per facility or per bed with annual subscription contracts typical in enterprise healthcare software.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

Real Time Medical Systems provides a cloud-based Interventional Analytics platform that continuously synchronizes structured and unstructured data from post-acute EHRs to deliver AI-driven real-time clinical alerts, readmission risk scoring, and reimbursement optimization. The platform integrates with all major post-acute EHR systems to serve skilled nursing facilities, hospitals, health systems, ACOs, and health plans with modules covering readmission prevention, PDPM accuracy, infection surveillance, and care coordination. The platform is HITRUST r2 certified and SOC 2 Type 2 compliant, serving 2,300+ healthcare facilities and monitoring 278,300+ patient lives.

Product overview

Real Time Medical Systems offers a modular Interventional Analytics platform — the company's core flagship product — that transforms post-acute EHR data into actionable clinical insights using AI. The platform serves as the central engine, with multiple integrated modules and tools: CARD (readmission risk scoring), PDPM Complete (reimbursement optimization), TEAM Insights (CMS TEAM model analytics), Notifications App (mobile alerts), Infection Control & Antibiotic Surveillance (infection management), Clinical Improvement (clinical alerts and QAPI), Reimbursement (financial analytics), Care Management (care coordination), Enterprise & Network Management (performance analytics), and Real Time Connect API (external data access). The architecture is best described as a unified platform-plus-modules model where the core Interventional Analytics engine processes live EHR data and multiple specialized modules add-on capabilities for distinct use cases across ACOs, hospitals, health systems, health plans, and skilled nursing facilities.

Differentiator

Problem solved

Functional benefit

Brands

• TEAM Insights: A CMS TEAM Model analytics solution that equips hospitals with live clinical data across their Skilled Nursing Facility Network to strengthen collaboration with post-acute partners, reduce readmissions, manage length of stay, and streamline care transitions.
• PDPM Complete
• CARD

Products and services

• Interventional Analytics Platform
• CARD (Readmission Risk Scoring Tool)
• PDPM Complete
• TEAM Insights
• Real Time Notifications App
• Infection Control & Antibiotic Surveillance
• Clinical Improvement
• Reimbursement
• Care Management
• Enterprise & Network Management
• Real Time Connect API

Quantifiable outcome

• 52% average reduction in hospital readmissions
• +7 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature10 records

Partnerships

Ten partnerships are on record, tiered core, regional and minor.

• Allina HealthcoreStrategic or Co-development Partner · 28 April 2026Strategic collaboration to improve coordination between hospitals and skilled nursing facilities. Allina Health launched Real Time's AI-driven platform within 40+ SNFs across Minnesota and Wisconsin to enhance care coordination through real-time, actionable insights and reduce avoidable readmissions.
• InnovaccercoreStrategic or Co-development Partner · 21 April 2026Expanded collaboration announced at NAACOS Spring 2026 Conference. Companies co-host networking events and share commitment to supporting accountable care leaders with integrated analytics solutions.
• Provider PartnerscoreStrategic or Co-development Partner · 26 March 2026Tech-enabled value-based care company operating Medicare Advantage I-SNP and ACO REACH programs. Collaboration to share insights supporting chronic disease management and reduce rehospitalizations in post-acute care.
• North Shore HealthregionalStrategic or Co-development Partner · 17 March 202670-center skilled nursing operator in Wisconsin, Minnesota, Michigan, and North Dakota. Joint presentation at AAPACN 2026 on reducing readmissions with data-driven clinical strategies.
• Priority HealthregionalStrategic or Co-development Partner · 24 February 2022Michigan health plan partnered with Real Time on $500K Michigan Health Endowment Fund grant for advance care planning in skilled nursing facilities. Up to 15 SNFs participating with software identifying high mortality risk patients.
• MatrixCarecoreTechnology or IntegrationEHR technology partner providing electronic health records for post-acute care organizations including skilled nursing, assisted living, home health, and hospice. Real Time integrates with MatrixCare EHR to deliver real-time analytics.
• Lightbeam Health SolutionscoreTechnology or IntegrationPopulation health management partner for ACOs, payers, and provider groups. Joint go-to-market collaboration including co-presentations and integrated solutions for value-based care outcomes.
• Synergy HealthCare AllianceminorChannel Partner/ Reseller/ DistributorGroup purchasing organization serving long-term and post-acce care industry, connecting operators with technology solutions to improve outcomes and bottom line.
• LifeSpan NetworkregionalTechnology or IntegrationPartnership with Maryland's largest senior care provider association representing nearly 300 providers in Maryland and DC. Joint initiatives for care coordination and quality improvement.
• DiversicareregionalStrategic or Co-development PartnerNational skilled nursing facility chain. Real Time supported Diversicare's 2026 National Leadership Summit as a partner, connecting with administrators and ops teams.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• PointClickCare: Leading cloud-based EHR and care coordination platform for the post-acute and long-term care market, serving skilled nursing, senior living, and home health. Direct competitor to Real Time's SNF analytics footprint with overlapping customer base and complementary (or potentially competing) care transition analytics.
• MatrixCare: Major post-acute EHR vendor spanning skilled nursing, assisted living, home health, and hospice — and a current technology integration partner of Real Time. Overlapping product scope and shared customer base create both partnership upside and competitive risk.
• WellSky: Healthcare technology platform with deep post-acute and community care analytics, including hospital-to-post-acute care coordination, readmission management, and value-based care performance tools — overlapping core use cases with Real Time's Interventional Analytics and Enterprise Management modules.
• Lightbeam Health Solutions: Population health management platform serving ACOs, payers, and provider groups — and a current Real Time partner. Both companies target ACO and payer customers with value-based care analytics, making Lightbeam both a channel and a direct competitor in some accounts.
• Innovaccer: Healthcare data and analytics platform serving health systems, ACOs, and payers with population health, value-based care, and care coordination modules. A current Real Time partner and a broad-scope competitor that can compete for ACO and health system analytics budgets.

Broad incumbents

• Netsmart: Broad health IT platform serving post-acute, behavioral health, and human services with EHR, care coordination, and analytics capabilities. Larger and more diversified than Real Time, with overlapping post-acute analytics use cases across SNFs and home health.
• Health Catalyst: Enterprise healthcare data and analytics platform serving health systems and ACOs with population health, financial, and operational analytics. Significantly larger and broader than Real Time, but overlapping in value-based care analytics sold to similar enterprise buyers.
• Epic Systems: Dominant acute care EHR vendor with a growing post-acute and care coordination footprint (Care Everywhere, Care Everywhere Post-Acute). Could disintermediate Real Time at large health systems by bundling post-acute analytics natively into its core platform.
• Optum (UnitedHealth Group): Diversified healthcare services and analytics business with extensive value-based care, population health, and post-acute management assets. Competes for ACO, health plan, and health system analytics spend and could acquire or replicate post-acute interventional analytics capability.

Emerging players

• Bamboo Health: Healthcare technology company focused on care collaboration and behavioral health coordination, and a current Real Time technology partner. Overlaps in care transitions and post-discharge coordination workflows across physical and behavioral health settings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/myrealtimemed

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Real Time Medical Systems