IntusCare, a technology company specializing in healthcare solutions for elderly populations, has marked a transformative year of expansion and innovation in the Programs of All-Inclusive Care for the Elderly (PACE) market.
The company secured $11.5 million in strategic follow-on financing, bringing its total funding to over $27 million. This investment will support the launch of CareHub, a comprehensive care management platform, and accelerate the company's artificial intelligence research aimed at enhancing healthcare provider experiences.
Key product launches in 2024 include CareHub, the first PACE-specific Electronic Medical Record (EMR) and practice management system, the Intus Revenue Integrity System (IRIS), a real-time risk adjustment system, and a Delegated Utilization Management service. These innovations are designed to streamline workflows and improve care for complex senior populations.
IntusCare's growth is evident in its expanding client base, now serving over 70 PACE organizations nationwide. The company added 33 new partners in 2024, representing a 90% increase from the previous year. Strategic partnerships with technology companies like MedVision and Grane Rx have further enhanced its capabilities in data integration and medication management.
The company has also invested in leadership, bringing on Bharath Kakarla as Senior Vice President of Engineering and Stephanie Rock as Senior Vice President of Product and Client Delivery. These additions underscore IntusCare's commitment to technological innovation and customer-focused solutions.
CEO Robbie Felton emphasized the company's evolution from a data provider to a comprehensive technology solutions partner, with a vision to become the primary operating system for value-based care organizations managing complex patient populations.
