IntusCare Expands Technology Solutions for Senior Care, Raises $11.5 Million to Fuel Growth

January 29th, 2025 3:00 PM
By: Newsworthy Staff

Technology startup IntusCare has experienced significant growth in 2024, raising additional funding and launching innovative platforms to support Programs of All-Inclusive Care for the Elderly (PACE), with plans to further transform value-based care for complex senior populations.

IntusCare Expands Technology Solutions for Senior Care, Raises $11.5 Million to Fuel Growth

IntusCare, a technology company specializing in healthcare solutions for elderly populations, has marked a transformative year by raising $11.5 million in strategic funding and expanding its technological offerings for value-based care organizations.

The company's strategic growth includes launching three key products specifically designed for Programs of All-Inclusive Care for the Elderly (PACE): CareHub, an electronic medical record and practice management system; Intus Revenue Integrity System (IRIS), a real-time risk adjustment platform; and a Delegated Utilization Management service.

With total funding now exceeding $27 million, IntusCare has significantly expanded its market presence, serving over 70 PACE organizations nationwide. The company added 33 new partners in 2024, representing approximately a 90% increase from the previous year.

Strategic partnerships have been crucial to IntusCare's expansion. Collaborations with MedVision and Grane Rx have enabled enhanced data integration, care coordination, and medication management capabilities. These partnerships aim to break down industry silos and improve interoperability within healthcare technology.

The company has also invested in leadership talent, bringing on Bharath Kakarla as Senior Vice President of Engineering and Stephanie Rock as Senior Vice President of Product and Client Delivery. These additions support IntusCare's goal of developing comprehensive technological solutions for complex senior healthcare management.

CEO and co-founder Robbie Felton emphasized the company's evolution from a data provider to a comprehensive technology solutions partner. The company's vision is to create an operating system for value-based care organizations managing high-risk patient populations.

IntusCare's growth reflects a broader trend in healthcare technology: developing specialized, integrated platforms that can improve patient care, reduce administrative burden, and optimize operational efficiency for healthcare providers serving complex senior populations.

Source Statement

This news article relied primarily on a press release disributed by News Direct. You can read the source press release here,

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