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3 Net Wise, Inc.

Easy-to-use, patient-friendly wireless plug-and-play Telehealth system used to prevent 30 day hospital readmissions for chronically ill.

  • Stage Full Product Ready
  • Industry Healthcare Services
  • Location Chicago, IL, USA
  • Currency USD
  • Founded August 2000
  • Employees 1
  • Website

Company Summary

Our company provides an easy-to-use, plug-and-play wireless Telehealth system used to prevent 30-day hospitalizations for chronically ill patients. It is important for hospitals to prevent 30-day hospitalizations due to non-reimbursement from Medicare and Medicaid. The nearly 5000 hospitals in the U.S. which will be affected by the Affordable Care Act's penalty for avoidable 30-day hospitalizations which includes non-reimbursement and fees.


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    Sherrod Ala Woods
    Founder & CEO

    Mr. Woods has over 20 years of biomedical engineering experience including GE Healthcare and J & J. He has filed several commercialized health information technology related patents. His first patent US8068648 was issued on Nov 29, 2011. He holds Bachelor degrees in Physics and Electrical Engineering from Xavier University of Louisiana and Howard University respectively and a Masters degree in Electrical Engineering from Cornell University.

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    Martin Coyne II
    Senior Business Advisor

    A professional board director and senior advisor to CEOs. Lead director of Akamai Technologies since May 2003. Former Executive Vice President of Eastman Kodak, Former Chairman of the Board of Welch Allyn, and board member of Advanced Medical Technology Association (AdvaMed). He earned his B.S. in Pharmacy from Fordham University, his MBA from Fairleigh Dickinson University, and the Advanced Management Program at the Wharton School of Business.

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    Bob Peterhans
    Senior Business Advisor, COO

    Bob has over 20 years of Medical Device experience. Bob started his career at GE Healthcare. He spent 10 years at GE. He was GM, Asian operations, Ultrasound division. He held similar roles with Siemens Medical and most recently at Zimmer He holds a BS in Electrical Engineering from Michigan Technological University, an MS in Biomedical engineering from University of Iowa and an MBA from the University of Chicago Booth School of Business.

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    Randy Samuel Sessler
    Senior Business Advisor, CFO

    Mr. Sessler is currently VP of Strategic Planning & Business Development at Zimmer. Mr. Sessler previously served as Corporate VP of Strategy & Business Development of Philips Healthcare’s Imaging Systems Business-North America & Latin America. Prior to this role, Mr. Sessler was Chief Financial Officer, Eastman Kodak’s Health Imaging Division.
    MBA, Harvard Graduate School of Business
    BS, Accounting (Magna Cum Laude), Florida A&M University

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    William McDade
    Chief Medical Officer

    Dr. McDade provides clinical expertise in the continuous improvement of our Telehealth platform. As both an educator and researcher at the University of Chicago Pritzer Medical School, Dr. Williams brings a wealth of practical and pragmatic clinical experience to product development activities. Dr. McDade is both a practicing physician and educator who holds both an MD and a PhD in BioPhysics. Dr. McDade also assists with Business Development.


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    Albert Thibadeaux

Previous Investors

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    (Retired) Brigadier General Donald Scott
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    Dr. Jevne Cunningham
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    Mr. & Mrs. Herb Anthony