IntusCare Secures $11.5 Million to Expand Predictive Analytics Platform for Geriatric Care
TL;DR
IntusCare raised $11.5M in follow-on financing, enhancing market position and launching CareHub for improving care outcomes, giving a competitive edge.
CareHub accelerates PACE and value-based care models through reduced documentation, data system integration, and actionable insights, optimizing care management processes.
IntusCare's innovative solutions aim to improve outcomes for vulnerable senior populations, expanding to ACOs and SNPs, supporting high-quality care and empowering healthcare providers.
IntusCare's AI research, CareHub launch, and funding round drive innovation in value-based care, revolutionizing interdisciplinary care teams and enhancing user experiences in healthcare.
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IntusCare has raised $11.5 million in a strategic follow-on financing round led by Deerfield Management, with participation from Citi Impact Fund, Jumpstart Nova, and other existing investors, bringing the company's total funding to over $27 million. This capital infusion will fuel the launch of CareHub, a comprehensive care management platform designed to accelerate growth in Programs of All-Inclusive Care for the Elderly (PACE) and other value-based care models. The funding will also support expansion of IntusCare's Revenue Integrity, Population Health, and Utilization Management solutions while accelerating artificial intelligence research to enhance healthcare provider experiences.
CareHub addresses critical needs in the PACE community by reducing documentation and administrative burden, integrating disparate non-interoperable data systems, and driving actionable insights for interdisciplinary care teams to improve medical utilization. Robbie Felton, CEO and co-founder of IntusCare, stated that CareHub represents a significant step forward in creating the platform organizations need to deliver appropriate care for older adults with complex needs daily. The product results from deep understanding of unique challenges faced by PACE programs and other value-based care systems regarding technology, interoperability, and managing complex Medicare and Medicaid populations.
While initially focused on PACE programs, IntusCare is strategically positioned to expand its product suite to serve Accountable Care Organizations and Special Needs Plans, particularly benefiting organizations taking on risk in complex Medicare and Medicaid populations. Evan Jackson, COO and co-founder, emphasized that investor support validates their customer-centric approach and enables accelerated growth within PACE and new markets. The company brings expertise in data interoperability, workflow optimization, and patient-focused care to a wider range of value-based care providers through platforms available at https://www.intuscare.com.
Ryan Alam, Senior Vice President of the Citi Impact Fund, highlighted the transformative potential of IntusCare's work, noting that the PACE ecosystem shows strong potential for improving outcomes for seniors with complex needs while allowing them to age in place. Current providers within these systems lack innovative technology to empower workflows, and IntusCare addresses these technological shortcomings through next-generation administrative, financial, and clinical software. Dr. Julian Harris, Operating Partner at Deerfield Management, added that IntusCare's disruptive, AI-forward technology will play a vital role in revolutionizing interdisciplinary team performance across PACE, ACO, and Medicare SNP markets.
The funding will additionally support expansion of IntusCare's marketing function and continued development of core products, maintaining the company's commitment to driving innovation in value-based care with particular focus on improving outcomes for vulnerable senior populations. This investment underscores the growing recognition that technology solutions must address the specific challenges of geriatric care delivery, particularly for dual-eligible seniors who represent some of the most socially vulnerable and clinically complex individuals in the U.S. healthcare system.
Curated from News Direct

