Correlate Health, Inc.

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Security Type
Common Stock
Min Investment
$99
Location
Peachtree City, GA
Offering Date
April 01, 2021
Expected Close Date
February 14, 2022
Target Raise
$10.00K-$250.00K
Security Price
$0.71
Deal Notes

Price Per Share: $0.71

Valuation
$2,605,700
Number of Employees
0
Cash
$1,406
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$87,301
Net Income
$-14,760

Company Description

Correlate® Health is a digital health company that focuses on the development, acquisitions and investments of healthcare meaningful use applications, web services, and data transformation tools that enable new care models. This includes virtual care, remote care delivery, and care pathways that engage patients and consumers to manage their personal health and wellness using digital tools and technologies.

Key Deal Facts

Established Strategic Partnerships that will give the company immediate access to over 10,000 Healthcare Organizations with over 280,000,000 Patients
Raised nearly $100,000 from Angel Investors
Filed Trademarks for Correlate Health, LooPT, Correlate, and Digital Health TV
Provisional Patent for LooPT Medical Device Management Solution
Provisional Patent for The Process of creating Non-Fungible Tokens (NFT) Patient Data using Remote Patient Monitoring with Cloud Applications, Devices, Wearables, EHRs and Digital Health Marketplaces
The Process of Attaching Patient Data, Superbill and Itemized Bill to Create Non-Fungible Tokens (NFT) To Expedite the Claims Adjudication Process
Member of “Patientory Association” a Global Nonprofit Healthcare Member Organization, that facilitates the adoption of emerging technologies in the healthcare industry
Press mentions in Forbes and others

Use of Proceeds

  • Payroll 24.0%
  • Accounting 2.2%
  • Legal -Admin 15.1%
  •  Tech -Product Development 40.0%
  •  Business Development 1.7%
  •  Marketing & Sales 12.1%
  •  Intermediary fees 4.9%

 

Management Team / Advisory Board Bios

Nailah Malak, Ph.D., Co-Founder, CEO, CTO, Correlate Health
Nailah Malak, Ph.D, Co-Founder, Chief Executive Officer and Chief Technology Officer, is a Certified Interoperability Professional, recognized as a leading Healthcare Engineer and Project Manager in the industry. Nailah has successfully fulfilled consulting engagements for notable healthcare organizations such as Stanford Hospital and Clinic, UC Davis, Mayo Clinic, Catholic Health Initiatives, Siemens and Medtronic. Approximately 16 years of her experience has been working with Electronic Medical Records Conversions and Implementations with a total of 12 Go-Lives. Nailah has authored guides and trained technical end users for company wide software programs and the implementation of HIPAA compliance regulations, Meaningful Use regulations, and HIS security deployment. She holds a Doctorate Degree in Interoperability Engineering with 20 years’ experience as a Digital Health Analyst, Engineer, Developer and Project Manager.

Charon Collier, Co-Founder, President, COO, Correlate Health
Charon C. Collier, Co-Founder, President, Chief Operational Officer, is a Health Information Management (HIM) Professional. She has worked for some of the most notable healthcare systems in the country, including Sutter Health of Northern California where she had the opportunity to travel and work for several locations throughout the state of California. During her time with Sutter Health she worked in several roles, most prominently as a supervisor providing support to the Health Information Management (HIM) teams during their transition to Electronic Health Record (EHR). She also has worked for the University of California, Davis (UCD) Healthcare System in the Kidney Transplant Clinic, where she was a valuable team member and contributed to the growth and success of the Reno Transplant Program at UCD. Charon has over 20 years’ experience in healthcare, administration, health information management and revenue cycle management.

Anthony T. Farrar, Co-Founder, CFO, CLU, ChFC, Correlate Health
Anthony T. Farrar, CFO, CLU, ChFC, Chief Financial Officer is the Founder and CEO of Farrar Financial Group an insurance and financial services company. He brings a wealth of knowledge and experience along with empowering comprehensive business strategies. Tony held the role as senior auditor for Price Waterhouse in which he performed services for major clients such as Anheuser Bush, Ralston Purina and Farm Credit Banks. He has been instrumental in growing sales in excess of $3 million and successful in growing his company to well over 5,000 clients all within a highly competitive market. Tony has over 23 years’ experience in financial planning, investment strategies, strategic planning and client relations. Tony graduated from Hampton University with a Bachelor of Science degree in Accounting.

Carla S. Johnson, MBA, PMP®, Chief Strategy Officer, Correlate Health
Carla S. Johnson, MBA, PMP®, Chief Strategy Officer is a Humanitarian Supply Chain Management Professional with a proven track record of fighting global poverty by improving the efficiency and effectiveness of the supply chain. Carla is a proven leader and team builder with 20 years of experience in Supply Chain Management, Logistics, Warehousing & Distribution, Inventory Management, Material Requirements Planning, Import/Export Compliance, Lean Enterprise Implementation, Project Management, Process Reengineering, Continuous Improvement, Six Sigma, Proposal Development, Project Management, Gifts in Kind (GIK) Management, and Donor Compliance. Carla is a graduate of the Georgia Institute of Technology with a Bachelor of Science degree in Industrial & Systems Engineering, and she received a Master of Business Administration degree from Emory University’s Goizueta Business School. She currently lives in Atlanta, GA.

Tulasee Rao Chintha, Solutions Architect, Correlate Health
Tulasee Rao Chintha, Solutions Architect is a Full-Stack Developer dedicated to providing top-notch business solutions that enhance productivity, improve quality, sustain business performance and maximize revenue potential. He holds a Bachelor’s of Technology in Computer Science & Engineering and over 16 years of application development, his professional background encompasses a focus on full-stack development, Ruby on Rails and IoT Architectures and software application development. He has a proven record and successes in team-building and project management from conception to completion. His career demonstrates expertise in Ruby On Rails, Java/J2ee, HTML5, JavaScript, Angular4, React/Redux, NodeJS, JQuery, MongoDB, Redis, Sinatra, Padrino, Postgres, and MySQL. He is also proficiently adept in TDD and BDD development methodologies, Agile Development (Iterations and standup meetings, etc.) and Scala, GitHub, Bitbucket, Angular Material Design, Elixir, Amazon EC2, and Heroku.

Jennifer Ponder, Digital Health Technical Lead, Correlate Health
Jennifer Ponder, Digital Health Technical Lead is a certified Full Stack Web Developer where she has worked on freelance projects specializing in front-end development in React. She has worked for a practice management SaaS company in technical product support as a research analyst, where she was responsible for troubleshooting technical issues and researching product feature requests to help clients scale their businesses. She is also currently becoming more involved in the tech space as an advocate for women, speaking at conferences and continuing to be a moderator for panels. Most recently she was the moderator for the Women of Blockchain Atlanta celebration event panel. She is also an experienced client relations and client account management professional with digital marketing management and social media brand strategy experience. She holds a Bachelor’s Degree in Mass Communications with a concentration in Public Relations, an Associate of Science degree in Health Information Management and is certified in medical billing and insurance coding.

Deal Notes

Price Per Share: $0.71

Amount Raised : $29,697
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Common stock is a security that represents ownership in a corporation.

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