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IntusCare Expands Technology Solutions for Elderly Care, Raises $11.5 Million in Strategic Funding

By FisherVista

TL;DR

IntusCare raised $11.5 million for CareHub, enhancing solutions for PACE market, gaining a competitive edge in value-based care.

IntusCare offers CareHub platform and AI research to optimize workflows, improve user experiences, and support PACE organizations.

IntusCare's innovative solutions aim to empower geriatric care providers, improve patient outcomes, and enhance care for vulnerable seniors.

IntusCare's strategic partnerships with MedVision and Grane Rx prioritize interoperability, advancing care coordination and medication management in PACE.

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IntusCare Expands Technology Solutions for Elderly Care, Raises $11.5 Million in Strategic Funding

Healthcare technology firm IntusCare has demonstrated substantial growth in 2024, introducing innovative solutions for Programs of All-Inclusive Care for the Elderly (PACE) and securing $11.5 million in strategic funding to fuel future development.

The company's recent achievements include launching three key products designed specifically for value-based care organizations serving senior populations: CareHub, an integrated 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 expanded its client base to over 70 PACE organizations nationwide, representing a 90% increase from the previous year. The company's strategic approach focuses on addressing critical healthcare challenges such as reducing administrative burdens, integrating disparate data systems, and enabling more effective interdisciplinary care workflows.

Co-founder and CEO Robbie Felton emphasized the company's evolution from a data provider to a comprehensive technology solutions partner. The company's vision extends beyond software development, aiming to create an integrated operating system for value-based care organizations managing complex patient populations.

Key strategic partnerships with technology companies like MedVision and Grane Rx have enhanced IntusCare's capabilities in data integration, care coordination, and medication management. These collaborations demonstrate the company's commitment to breaking down industry silos and promoting healthcare interoperability.

IntusCare has also invested in team growth, adding leadership positions such as Bharath Kakarla as Senior Vice President of Engineering and Stephanie Rock as Senior Vice President of Product and Client Delivery. These additions underscore the company's commitment to technological innovation and customer-centric product development.

The company's thought leadership efforts have included conference presentations and hosting virtual discussions on healthcare data interoperability, featuring prominent industry leaders like Shawn Bloom from the National PACE Association and Dr. David Feinberg from Oracle Health.

As healthcare continues to evolve, IntusCare's targeted approach to supporting PACE organizations represents a significant advancement in technology-driven geriatric care. By focusing on the unique needs of complex senior populations, the company is positioning itself as a critical innovator in value-based healthcare solutions.

Curated from News Direct

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FisherVista

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