Parachute Health

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Parachute Health is a healthcare technology platform focused on modernizing the post-acute care sector through digital solutions. Founded in 2015, the company has raised approximately $15.4 million in funding and operates across all 50 states from its headquarters in Princeton, New Jersey. Parachute Health employs a team of around 128 to 240 individuals, reflecting its growth in the HealthTech industry.

The company's primary offering is the Parachute Platform, a cloud-based system that facilitates ePrescribing and digital ordering of Durable Medical Equipment (DME). This platform streamlines workflows for healthcare providers, DME suppliers, and payors, reducing order errors and accelerating equipment delivery. Key features include secure digital signatures, insurance verification, and real-time order status updates. Parachute Health serves a diverse range of clients, including hospitals, clinics, home healthcare agencies, and over 165,000 clinicians, ultimately enhancing the patient experience by ensuring timely access to necessary medical supplies.

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