The Patient Company

Name

The Patient Company

Legal name

PATIENT Co

Website

https://ThePatientCompany.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Medical Devices (Patient Transfer Equipment)

NAICS

Electromedical and Electrotherapeutic Apparatus Manufacturing (334510), Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112)

SIC

Electromedical & Electrotherapeutic Apparatus (3845), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

Patient Lifts, Transfer & Safe Handling Equipment (Hoists, Slings, Transfer Boards) (HLAHAMAE)

akta.pro secondary industry

Hospital Bed, Lift & Transfer Equipment (Beds, Hoyer Lifts, Slings) (HSABAKAF)

Keywords

• Medical devices
• Patient transfer equipment
• Lateral patient transfer
• Safe patient handling
• Automated transfer devices

Headquarters

HQ city

Grand Rapids

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Medical Device Sales: The Patient Company generates revenue through the sale of the SimPull Lateral Patient Transfer Device to healthcare facilities. As a medical device, the revenue model is likely driven by one-time hardware sales, potentially supplemented by service/support contracts. No consumables are required per transfer, reducing ongoing costs for buyers.

Pricing tiers

Distribution channels1 record

Marketing channels6 records

Core offering

The Patient Company designs, manufactures, and sells the SimPull® Lateral Patient Transfer Device, a fully automated medical device that performs lateral and supine-to-sitting patient transfers without requiring nursing staff to manually lift or exert force. The device is operated by a single care team member, works with all standard sheets (no consumables required), supports transfers up to 500 lbs, and is sold to hospitals, health systems, and academic medical centers.

Product overview

The Patient Company offers a single unified product: the SimPull® Lateral Patient Transfer Device. This is a fully automated medical device that performs lateral patient transfers and supine-to-sitting transfers with a solo operator (one care team member). The device handles all lifting, allowing clinicians to transfer patients safely without physical exertion while saving time (approximately 4 minutes per transfer) and reducing costs ($1,122 savings per 100 transfers).

Differentiator

Problem solved

Functional benefit

Brands

• SimPull: Lateral patient transfer device - the first truly automated lateral patient transfer solution that enables safe, fully automated transfer of patients up to 500 lbs without log rolls or consumables

Products and services

• SimPull® Lateral Patient Transfer Device A fully automated lateral patient transfer device designed to safely and respectfully transfer patients laterally or from supine to sitting positions without requiring nursing staff to manually lift or exert force. It is operated by a single care team member, works with all standard sheets (no consumables required), supports transfers up to 500 lbs without log rolls, completes transfers in approximately 4 minutes on average, and is sold to hospitals, health systems, and academic medical centers.

Quantifiable outcome

• Zero injuries reported while using SimPull
• +3 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Grand Valley State University (GVSU)minorStrategic or Co-development PartnerGVSU has deployed the SimPull lateral transfer device in its clinical environments as part of a working partnership to advance safe patient handling practices in educational healthcare settings.
• Spectrum HealthcoreStrategic or Co-development PartnerSpectrum Health conducted a pilot program with SimPull, providing positive feedback from clinicians and patients. Nancy Harroun, Director of Nursing at Spectrum Health, publicly endorsed the device, representing a key reference customer and strategic partnership for clinical validation.
• Mayo CliniccoreStrategic or Co-development PartnerMayo Clinic uses the SimPull lateral transfer device, representing a flagship strategic partnership with a leading academic medical center for clinical validation and endorsement.
• Arizona State University (ASU)minorStrategic or Co-development PartnerASU has deployed the SimPull lateral transfer device in its clinical environments as part of a working partnership for safe patient handling in university healthcare settings.
• Sparrow Health SystemminorStrategic or Co-development PartnerSparrow Health System is listed as a partner institution using the SimPull device in its clinical environments.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Stryker: Stryker is a global medical device leader whose Sage Products line includes air-assisted lateral transfer and patient repositioning products directly competing with SimPull in the same hospital safe-patient-handling workflow. Comparable as a broad incumbent with overlapping safe patient handling capabilities and established hospital sales channels.
• Baxter (Hill-Rom): Following the Hill-Rom acquisition, Baxter sells hospital beds, surfaces, and patient handling accessories into the same IDN and GPO channels as SimPull. Comparable as a broad incumbent with overlapping patient handling/safe handling capabilities within a much larger hospital portfolio.
• Medline: Medline is one of the largest manufacturers and distributors of medical supplies in the U.S., with a portfolio that includes patient repositioning and transfer products. Comparable as a broad incumbent with overlapping safe patient handling supplies distributed into the same hospital channel.

Direct peers

• Arjo: Arjo specializes in patient handling and hygiene equipment, including lateral transfer boards, air-assisted devices, and ceiling lifts sold to hospitals and long-term care. It is a direct competitor to SimPull with a more extensive product portfolio and global distribution.
• HoverTech International: HoverTech manufactures the HoverMatt air-assisted lateral transfer mattress, one of the most established lateral patient transfer products in U.S. hospitals. It is a direct competitor to SimPull, addressing the same clinical use case via air-assist rather than automation.
• AirPal: AirPal sells air-assisted patient transfer and positioning systems used by hospitals and long-term care facilities for lateral transfers and repositioning. It competes head-to-head with SimPull in the same safe patient handling category using a different technological approach.
• Sizewise: Sizewise manufactures bariatric and standard hospital beds, surfaces, and patient handling/mobility equipment including transfer and repositioning aids. Comparable as a direct peer targeting patient handling and lateral transfer workflows in hospitals.
• EZ Way: EZ Way manufactures patient lifts, sit-to-stand devices, and transfer aids used in hospitals, long-term care, and skilled nursing. Comparable as a direct peer in the patient transfer/lifting category, though it focuses on mechanical lifts rather than automated lateral transfers.

Emerging players

• Transmotion Medical: Transmotion Medical designs patient transfer and transport chairs, including ambulation and lateral transfer devices for hospital and surgical settings. Comparable as an emerging player with focused overlap in patient transfer equipment.
• AliMed: AliMed distributes a broad catalog of medical products including patient transfer boards, slide sheets, and safe patient handling aids to hospitals and clinics. Comparable as a complementary/emerging peer in patient transfer and positioning supplies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/people/The-Patient-Company/61556501213581
• LinkedInlinkedin.com/company/the-patient-company
• Instagraminstagram.com/thepatientcompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds9 records

Investors6 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 The Patient Company