Basalt Health raises $20M Series A led by NEA to enhance post-acute care transitions. This funding aims to accelerate patient admissions into post-acute facilities.
Basalt Health, an AI platform for post-acute care, has secured $20 million in Series A funding led by NEA. The investment also includes participation from existing investors Frist Cressey Ventures and 25m Health. The new capital will help accelerate the transition process for patients entering post-acute care. This round brings the total capital raised by the company to approximately $24.5 million.
Company Information
Company
Basalt Health
Location
Nashville, Tennessee, United States
About
Basalt Health is an AI platform designed to assist patients in transitioning to post-acute care more efficiently. The company aims to modernize the placement process, addressing the challenges faced by approximately 14 million patients entering post-acute care each year. By leveraging technology, Basalt Health seeks to improve patient outcomes and streamline healthcare processes.
Fundz sees it the moment Basalt Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
NashvilleHealth CareArtificial IntelligenceMedical