Caremerge provides a cloud-based care coordination and communication platform that leverages cross-enterprise workflow automation to deliver the right information to the right provider at the right time. Its platform acts as a connector across the care continuum, bringing together hospitals, MCOs, ACOs, physicians, long-term care providers, families and patients. Product offerings include clinical and compliance solutions, life enrichment and engagement tools, OPEN API integrations for interoperability with leading EHRs, CMS value-based care solutions, and hospital discharge and patient tracking into post-acute care. The company is led by CEO and co-founder Asif Khan. Caremerge plans to use the new funding to expand operations across the post-acute care market. The article notes a $14M financing round but does not disclose other operating metrics. Caremerge provides a HIPAA-compliant mobile and internet-based platform that enables staff at senior care facilities to communicate with doctors and family members about treatment. The company aims to unify communications among family members, designated caregivers, and medical providers to improve coordination of elder care. Caremerge initially launched in 2012 and is based in Chicago. Its product is targeted at senior care facilities and their networks of clinicians and relatives. The company recently raised institutional funding to support its work in the aging-care sector. The funding round included strategic and venture investors with senior-care and health-industry focus. Caremerge offers a suite of apps that run on PCs, tablets and smartphones to help long-term care providers, physicians and families coordinate care of seniors. Its features include saving and organizing communications with family members, capturing and sharing clinical notes and observations, and automating reminder calls and activity notifications. The company says its platform loops in long-term care facilities, physicians, family members and seniors without relying on the elderly population to use computers and smartphones. Caremerge was founded in 2010 by Asif Khan, who previously worked eight years at GE Healthcare IT, and is based in Chicago. With a $2.1 million infusion from angel investors, the company plans to continue expanding and improving the platform. Caremerge has also formed a commercial partnership with InnovateLTC and is participating in a three-year entrepreneurship program run by StartUp Health and GE.

Total raised

$20M

Funding rounds

3

Latest round

Equity

Latest activity

Jul 2016