Care Collaboration-Focused Tech Company Raises $47.5M

Care collaboration between providers on the continuum remains a top priority for skilled nursing facilities and other providers, especially as new payment models such as bundled payments require operators to work together.

One Utah-based firm sees potential in capturing emergency-room data that follows a patient outside the hospital — and investors have given the idea a $47.5 million vote of confidence.

The Salt Lake City, Utah-based Collective Medical, which provides care collaboration technology, raised $47.5 million in a round of Series A funding, with the investment led by Kleiner Perkins.

Published by Skilled Nursing News