Careport Health, a service designed for hospitals to help patients better understand their post-acute care options, has raised fresh capital to accelerate the growth of the two-year old business. It raised $2 million from new and existing investors, according to a company statement.
The idea behind the company is to go beyond a simple print out of healthcare facilities and to give the most relevant information to help patients make informed choices.
Generator Ventures, which runs Aging 2.0, was among the investors to participate in the funding round. The firm launched a fund last year to support early stage companies focused on longterm care and aging. Among other investors in the funding round are: Baseline Ventures, CommonAngels Ventures, Excelerate Health Ventures, Launch Capital, 500 Startups and angel investor Andy Palmer.
Careport’s platform collects and analyzes data from post-acute care organizations to identify providers that match a patient’s unique clinical needs and preferences, according to the statement. Facilities meeting criteria such as low readmission rates are presented to patients. It also tracks a patient’s recovery and transmits relevant information to the patient’s care team.
CEO Lissy Hu founded the company in 2013 when she was a Harvard medical school student. Often times, patients choose skilled nursing facilities based on little more information than a name and address.
Several health IT companies have taken different approaches to tackling the challenge of post-acute care transitions such as RightCare Solutions, Utilize Health, Sequentia, and Aidin.
Photo: Flickr user tableatny
