A screenshot of the InOn Health website. (Screenshot)
A Denver-based digital health care services company has filed for Chapter 7 bankruptcy.
InOn Health or access.mobile, a health care technology company, filed for bankruptcy on July 10. Chapter 7 bankruptcies are typically a liquidation process involving a selloff of the debtor’s assets.
InOn Health, formerly known as access.mobile, was founded by Kaakpema and Sara Yelpaala in January 2018 to provide communications technology services with the goals of giving equitable access to health care and improving outcomes, according to the company’s website.
In court filings, access.mobile listed assets of $300 and said it owes $1.5 million to 24 creditors, including vendors and employees. The company’s largest creditors are New General Markets out of Miami and David Brunel of Boulder, each owed about $415,000 on a convertible note.
Kaakpema Yelpaala, who signed the filings, claimed he is owed $50,000 in wages, and Sara Yelpaala is listed as being owed $69,000. Attempts to reach them for comment were unsuccessful.
The filings show that InOn Health had an operating loss of $53,000 between January and the filing date of this year. In 2023, the filings showed that the company had a gross revenue of $289,000, down from $666,460 in 2022.
The company has not posted on Facebook since 2022, has not updated its podcast since 2023 and Kaakpema and Sara Yelpaala’s LinkedIn accounts show them leaving the company last year. Kaakpema Yelpaala is currently the faculty director of InnovateHealth Yale housed in the Yale School of Public Health.
Attorney Robertson B. Cohen of Cohen & Cohen is representing the company in the bankruptcy proceedings.
A screenshot of the InOn Health website. (Screenshot)
A Denver-based digital health care services company has filed for Chapter 7 bankruptcy.
InOn Health or access.mobile, a health care technology company, filed for bankruptcy on July 10. Chapter 7 bankruptcies are typically a liquidation process involving a selloff of the debtor’s assets.
InOn Health, formerly known as access.mobile, was founded by Kaakpema and Sara Yelpaala in January 2018 to provide communications technology services with the goals of giving equitable access to health care and improving outcomes, according to the company’s website.
In court filings, access.mobile listed assets of $300 and said it owes $1.5 million to 24 creditors, including vendors and employees. The company’s largest creditors are New General Markets out of Miami and David Brunel of Boulder, each owed about $415,000 on a convertible note.
Kaakpema Yelpaala, who signed the filings, claimed he is owed $50,000 in wages, and Sara Yelpaala is listed as being owed $69,000. Attempts to reach them for comment were unsuccessful.
The filings show that InOn Health had an operating loss of $53,000 between January and the filing date of this year. In 2023, the filings showed that the company had a gross revenue of $289,000, down from $666,460 in 2022.
The company has not posted on Facebook since 2022, has not updated its podcast since 2023 and Kaakpema and Sara Yelpaala’s LinkedIn accounts show them leaving the company last year. Kaakpema Yelpaala is currently the faculty director of InnovateHealth Yale housed in the Yale School of Public Health.
Attorney Robertson B. Cohen of Cohen & Cohen is representing the company in the bankruptcy proceedings.
