IntusCare Secures $11.5M to Revolutionize Geriatric Care Technology

January 16th, 2025 3:00 PM
By: Newsworthy Staff

IntusCare, a predictive analytics startup focused on geriatric care, has raised $11.5 million in strategic follow-on financing to expand its innovative CareHub platform and advance artificial intelligence solutions for value-based care providers.

IntusCare Secures $11.5M to Revolutionize Geriatric Care Technology

Healthcare technology startup IntusCare has secured $11.5 million in strategic follow-on financing, bringing its total funding to over $27 million and signaling significant momentum in transforming care management for elderly populations.

The investment round, led by Deerfield Management with participation from Citi Impact Fund and Jumpstart Nova, will primarily support the launch of CareHub, a comprehensive care management platform designed to address critical technological challenges in Programs of All-Inclusive Care for the Elderly (PACE) and other value-based care models.

CareHub aims to solve key industry pain points by reducing administrative burdens, integrating fragmented data systems, and providing actionable insights for interdisciplinary care teams. The platform represents a strategic response to technological limitations currently facing providers serving complex senior populations.

CEO and co-founder Robbie Felton emphasized the platform's significance, stating that CareHub will enable organizations to deliver precise care consistently for older adults with complex medical needs. While initially targeting PACE programs, the company plans strategic expansion into Accountable Care Organizations and Special Needs Plans.

Investors view IntusCare's approach as transformative. Ryan Alam from Citi Impact Fund noted the critical need for innovative technology in supporting high-quality care for vulnerable senior populations. Dr. Julian Harris of Deerfield Management praised the startup's disruptive, AI-forward technology as potentially revolutionary for interdisciplinary healthcare teams.

The funding will also support continued artificial intelligence research, product development, and market expansion. By focusing on data interoperability and workflow optimization, IntusCare is positioning itself as a key player in modernizing geriatric healthcare technology.

This investment underscores growing investor confidence in technology solutions that can improve care outcomes for dual-eligible seniors, who represent some of the most clinically complex and socially vulnerable individuals in the U.S. healthcare system.

Source Statement

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