Raised$3M+
Founded2019
Employees7
LocationLewisville, TX
Business modelSaaS / B2B2C (practice-facing software with nursing support)
About
Care Waves makes chronic care management simple and rewarding for patients and physician. • Generates new practice revenue with no added staffing • Improves your patients experiences and outcomes • Integrates seamlessly into your workflow • Supports care coordination In 2015, Medicare recognized the need for follow-up care between physician visits for patients with two or more chronic health conditions.
Product
- Value proposition
- Turn-key Chronic Care Management (CCM) solution that enables physicians to monitor patients remotely, improve care quality, and generate additional revenue without hiring new staff or infrastructure.
- Target customers
- Physician practices and clinics (internal medicine, family practice, CCM programs)
- Regulatory
- CCM Medicare program guidance; CPT codes 99490, 99487, 99489
Founders
- Al Stephan — Co-founder and CEO
- Dr. Charles Chabal — Co-founder and Chief Medical Officer
Categories
Chronic Care ManagementRemote patient monitoringHealthcare ITCCM software
Products
Care Waves CCM softwaretrained nursing supportHIPAA-compliant workflow integration
Key features
Remote patient monitoring for CCMHIPAA-compliant integration with current workflowCustomizable patient care plansNon-face-to-face CPT code support (99490, 99487, 99489)Guidance on CCM Medicare guidelinesPatient engagement to improve outcomesRevenue generation through CCM reimbursements
Technologies
HIPAA-compliant softwareremote monitoringCMS CCM CPT code mapping
Integrations
Current EHR/workflow systems
Target conditions
Chronic conditions (general CCM scope)
Care settings
clinichospitalvirtual/remotehome
Certifications
HIPAA compliant
Traction metrics
Estimated annual profit: $60K–$80K per doctor with 350 eligible patientsGuaranteed Profit (marketing claim)Potential Medicare reimbursement per patient per month $42-$100+
Investors
iD Ventures America (Ronald Chwang)Stratos Group
News
- CalmWave™ Transparent AI for Hospital Operations Health & Alarms · 2025-10-17T00:00:00.000Z
- CalmWave raises $4.4M for tech that targets non-actionable patient alarms in hospital ICUs – GeekWire · 2025-06-26T13:00:00.000Z
- CalmWave® Launches Recovery State to Enable Safer, Earlier Hospital Discharge · 2026-02-17T16:15:00.000Z
- Transform Carers Assessments with AI | Great Wave AI · 2025-07-01T15:41:50.000Z
- This startup is using AI to cut hospital alarms—and may soon help patients get home faster | CalmWave® · 2026-02-17T09:00:19.000Z
- Careverse Announces the First AI Operating System for All Care -- Invites Providers to Become Founding Owners · 2025-12-17T13:39:00.000Z
More links
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Profile updated Jul 29, 2026. Sources: carewaves.com, linkedin.com
