Caremerge Raises $14 Million in Second Institutional Round Led By Insight Venture Partners As Value Based Care Takes Shape In Post-Acute Care

 Caremerge, the revolutionary industry pioneer paving the way for care coordination and communication solutions to bridge care gaps across the care continuum and get providers ready for value-based care, today announces a $14 Million investment led by Insight Venture Partners, with participation from previous investors Grażyna Kulczyk, Cambia Health Solutions, Ziegler LinkAge Longevity Fund, GE Ventures, and Arsenal Venture Partners.

The capital enables Caremerge to fund their continued and exponential growth and expansion in the post-acute care market by leveraging its transformative cross-enterprise workflow automation technology to break healthcare information silos – put simply to get the right information at the right time to the right provider so the right decision can be made for the best possible outcome.

In 2016, Caremerge evolved its offerings in order to better prepare post-acute care providers for the value-based care model. The person-centered Caremerge platform acts as a connector across the entire continuum, bringing together many stakeholders including hospitals, MCO’s, ACO’s, physicians, other long-term care providers, families and seniors/patients, to collaborate more proactively for best outcomes and peace of mind.

The investment round sees new additions to the Caremerge Board of Directors. Harley Miller, Vice President at Insight Venture Partners and Dan Hermann, Senior Managing Director and Head of Investment Banking at Ziegler will join the board of directors.

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Building Billion Dollar Businesses – Is there a formula to forming unicorns?

Privity partner CareMerge in the news:

Asif: Yeah, I think the key thing is, in healthcare, there are so many different pieces. There are so many different providers, payers, devices, pharmaceutical, the list goes on. I think that if you’re a startup, you really need to understand who could be a good partner, could be a good channel, could be a good mentor for you and your company and help you grow in the right direction.

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Caremerge Award

Caremerge Wins the 2014 Chicago Social Innovator Award!

We are excited to announce that Caremerge has received the Social Innovator Award 2014 at the 13th annual Chicago Innovation Awards held at Harris Theater! Over 550 innovative companies were nominated for this award and Caremerge was announced the winner.

We would like to thank all of our friends, family and clients for their continued support – it is a tremendous honor to receive this award. We strongly believe that Chicago is an innovation hub and we’re excited to be part of it.

At Caremerge, we work hard to bring a completely new approach to solving senior living challenges that are already revolutionizing the lives of thousands of staff, residents, care providers, and families. Thank you for continuing to support our mission and for being part of this revolution!

Kind regards,
The Caremerge team