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IntusCare Secures $11.5 Million in Strategic Financing and Launches Innovative Products for PACE Programs

By Burstable Health Team

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 Secures $11.5 Million in Strategic Financing and Launches Innovative Products for PACE Programs

Healthcare technology company IntusCare has demonstrated substantial growth in 2024, raising $11.5 million in strategic financing and launching multiple innovative products designed specifically for Programs of All-Inclusive Care for the Elderly (PACE). The company's strategic expansion includes three key developments: CareHub, a comprehensive care management platform; Intus Revenue Integrity System (IRIS), a real-time risk adjustment system; and a Delegated Utilization Management service. These offerings are tailored to support value-based care models serving complex senior populations.

IntusCare's growth has been remarkable, increasing its client base by approximately 90% and now serving over 70 PACE organizations nationwide. The company's total funding has now reached over $27 million, enabling further technological research and development, particularly in artificial intelligence to enhance healthcare provider experiences. Strategic partnerships have been crucial to IntusCare's expansion. Collaborations with MedVision and Grane Rx have enabled seamless data integration, improved care coordination, and advanced medication management within their platforms.

The company has also invested in leadership, adding key executives like Bharath Kakarla as Senior Vice President of Engineering and Stephanie Rock as Senior Vice President of Product and Client Delivery. These additions signal IntusCare's commitment to continued technological innovation and customer-focused solutions. 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 complex patient populations.

IntusCare's approach extends beyond software development. The company has been actively engaged in thought leadership, with Chief Population Health Officer Laura Ferrara presenting at national conferences and hosting virtual discussions on healthcare data interoperability. As healthcare technology continues to evolve, IntusCare's focused approach on PACE programs represents a significant step in addressing the complex needs of elderly patients through innovative, integrated technological solutions.

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Burstable Health Team

Burstable Health Team

@burstable

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