CoreCare Analysis: $3M Raised
What is CoreCare?
CoreCare offers an AI-driven workflow solution for revenue management in long-term care facilities, enhancing operational efficiency and cash flow.
Employees
11
Founded
2020
Revenue
$1.3M
Business Model
Software-as-a-service model charging $300 to $500 per facility monthly.
Product Features & Capabilities
- CoreCare Admit, CoreCare Revenue, CoreCare Clinical
- key features include compliance tracking, collaboration tools, automated eligibility checks, Medicaid application management, MDS assessment tracking, instant alerts for approvals, centralized data management.
How much CoreCare raised
1 - $3 million
October 29, 2020Lead Investor: Primetime Partners, Goat Capital, Funders Club, Liquid2Ventures
Who are the founders of CoreCare
MS
Mehrdad Shafaie
Founder
DA
Dennis Antonelos
Cofounder & CEO
Market Focus
CoreCare primarily focuses on the healthcare industry, specifically in the long-term care sector, providing AI-powered workflow solutions for revenue management in nursing homes.
Investors
- Pareto Holdings
- Jon Oringer
- IAG Capital Partners
- TwentyTwo VC
- International Accelerator
- Y Combinator
- HDS Capital
- Amplifyher Ventures
- Bolur Holdings
- Brandhaus Capital Partners
- Cathexis Ventures
Competitors Overview
CoreCare operates in the long-term care sector, focusing on AI-powered workflow solutions for revenue management. Its main competitors include:
- OODA Health: This company provides a platform that automates healthcare payments and revenue cycle management. OODA Health's notable advantage is it
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