Healthcare technology provider IntusCare has secured an additional $11.5 million in strategic funding, bringing its total funding to over $27 million as it expands its suite of healthcare management solutions for Programs of All-Inclusive Care for the Elderly (PACE). The investment comes as the company rolls out several new products designed to transform care delivery for complex senior populations.
The funding will support the launch of CareHub, the company's new comprehensive care management platform, alongside existing solutions in revenue integrity, population health, and utilization management. The company's expansion includes enhanced artificial intelligence capabilities aimed at improving healthcare provider experiences.
IntusCare's rapid growth is evidenced by a 90% increase in partnerships, now serving over 70 PACE organizations nationwide. The company has launched three major products in 2024: CareHub, a PACE-specific EMR system; the Intus Revenue Integrity System (IRIS) for risk adjustment; and a Delegated Utilization Management Service.
The expansion of IntusCare's technology suite represents a significant development for the PACE industry, which focuses on providing comprehensive care for elderly patients. The company's growth indicates a broader shift toward integrated, technology-driven healthcare management systems that could improve care delivery efficiency and patient outcomes in the senior care sector.
This development is particularly significant as healthcare organizations increasingly adopt value-based care models. IntusCare's platform integration with pharmacy services and focus on interoperability suggests a trend toward more connected, efficient healthcare delivery systems that could reduce administrative burden while improving care quality for complex senior populations.
