Telemedicine Solutions LLC

What Telemedicine Solutions LLC does

Telemedicine Solutions LLC is the Schaumburg, Illinois-based company behind WoundRounds, a wound management and risk prevention platform marketed as the most widely used solution in its category. Founded in 2005 and structured as a private for-profit entity, the company operates with a small team (11-50 employees) and targets clinical staff at healthcare facilities — most plausibly skilled nursing facilities, long-term care providers, and hospitals — where standardized wound assessment, documentation, and risk prevention are regulated and operationally critical workflows. Leadership comprises a President/CEO (Mike Diamond), a Chief Operating Officer (TJ Baggett), and a Chief Medical Officer (John Croghan), giving the firm both operating and clinical-domain depth at the executive level.

The WoundRounds product is positioned around systematic wound identification, measurement, and prevention tracking rather than direct patient-facing telehealth; the firm's corporate name notwithstanding, its functional emphasis is on clinician workflow and documentation software within facilities. Public source data does not disclose the underlying technology stack, integrations with EHR systems, or any AI/ML components, so the product is best characterized as a workflow and assessment platform with undisclosed technical specifics. Pricing, packaging, and go-to-market channels are similarly not disclosed in the available sources, though the recurring investor engagement since 2006 and the company's 20-year operating history are consistent with a subscription or per-facility licensing model sold to healthcare providers.

Across its lifetime, Telemedicine Solutions has disclosed approximately $11.65M in cumulative funding across five rounds between December 2006 and January 2015, with Peak 6 appearing as an investor in the most recent round. No acquisitions, partnerships, geographic expansion events, or new product launches are recorded in the input data, and no post-2015 strategic activity is available, leaving the company's current scale, growth direction, and ownership structure as material data gaps for an investor assessment.

Name

Telemedicine Solutions LLC

Website

https://woundrounds.com

Company type

Private

Founded year

2005

Headcount range

11–50 employees

Short description

Telemedicine Solutions LLC operates WoundRounds, a wound management and risk prevention platform used by clinical staff in healthcare facilities such as skilled nursing and long-term care providers. Founded in 2005 and headquartered in Schaumburg, Illinois, the company is a private, small-team SaaS operator.

Ownership category

akta.pro rank

Product category

Wound Management Software

NAICS

Nursing Care Facilities (Skilled Nursing Facilities) (6231), Ambulatory Health Care Services (621)

SIC

Services-Health Services (8000), Services-Specialty Outpatient Facilities, Nec (8093), Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Virtual Urgent Care & On-Demand Teletriage Services (HLAFADAJ)

akta.pro secondary industries

Wound Care & Ulcer Management (HLAKACAN), Wound Care & Limb Preservation Centers (Post-Acute) (HLADAJAM)

Keywords

• Wound management software
• Wound care solutions
• Risk prevention software
• Telehealth solutions
• Clinical wound assessment

Headquarters

HQ city

Schaumburg

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Core offering

Telemedicine Solutions LLC operates WoundRounds, a wound management and risk prevention solution used by healthcare providers to assess, document, and monitor wounds and pressure ulcers at the bedside. The platform supports clinical staff in long-term and post-acute care settings by standardizing wound assessments and enabling earlier intervention to reduce hospital-acquired conditions.

Differentiator

Problem solved

Functional benefit

Products and services

• WoundRounds

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Health Recovery Solutions: Health Recovery Solutions provides remote patient monitoring and telehealth platforms tailored to post-acute and chronic care management, overlapping with WoundRounds' risk prevention and chronic condition monitoring use cases.
• WoundZoom: WoundZoom provides digital wound measurement, documentation, and analytics tools for clinicians, directly competing with WoundRounds in wound management technology for hospital and post-acute settings.
• Net Health: Net Health offers specialized wound care EMR and clinical documentation software, including the Tissue Analytics wound imaging platform, and serves many of the same skilled nursing and outpatient wound care customers as WoundRounds.
• Swift Medical: Swift Medical provides AI-powered wound care management and imaging for healthcare facilities, directly competing with WoundRounds in wound management software for post-acute and acute settings.

Emerging players

• swyMed: swyMed provides telehealth connectivity and virtual care platforms for providers, including post-acute and home health use cases adjacent to WoundRounds' deployment environments.
• Vivify Health: Vivify Health offers remote patient monitoring and care management pathways for chronic and post-acute patients, with partial overlap with WoundRounds in risk prevention and chronic condition management.
• Caregility: Caregility provides telehealth platforms for inpatient and post-acute settings, including virtual care workflows that intersect with WoundRounds' clinical use cases in skilled nursing facilities.

Broad incumbents

• Teladoc Health: Teladoc Health is a large, diversified telehealth platform serving providers, payers, and patients across many specialties. It competes in the broader virtual care space where WoundRounds operates but does not specialize in wound management.
• MDLIVE: MDLIVE is a large virtual care provider offering on-demand and scheduled telehealth visits across multiple specialties; it competes as a broad incumbent rather than a wound-focused platform.
• Amwell: Amwell provides enterprise telehealth infrastructure and clinical workflows for hospitals and health systems, competing as a broad incumbent platform rather than a wound-specific solution.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/woundrounds
• Facebookfacebook.com/167307856690890
• LinkedInlinkedin.com/company/2117442

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds5 records

Investors1 record

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 Telemedicine Solutions LLC