ExaCare Secures $30M in Series A Funding
ExaCare AI, a technology company, has raised $30 million in Series A funding to enhance its AI platform for skilled nursing and home care.
The platform is used in over 1,500 facilities, including National Health Care Associates and Journey Skilled Nursing, to automate operations in post-acute care facilities.
ExaCare AI addresses the challenge of admissions in skilled nursing by streamlining the process of reviewing referral packets, which often arrive as unstructured documents.
Referral packets often arrive as unstructured documents, making it difficult for teams to spot clinical red flags, leading to slow decisions, miscommunication, and lost revenue for operators.
The company's tools aim to alleviate these burdens and improve the admissions process.
Author's summary: ExaCare AI raises $30M for AI tools.