Cure Health is based in New York City. The company is an operator of a health information exchange and telemedicine platform intended to help improve healthcare quality. The platform facilitates frictionless patient care between hospital systems. It surrounds post-acute facilities, accelerates reimbursements, automates charts to the bill, and enables identification, documentation, and tracking of patient diagnosis and outcomes, enabling healthcare systems and skilled nursing facilities to optimize staff allocation and reduce read missions and bill for off-site acute care and monitoring.
Cure Health was funded $12 million led by Morningside Ventures with participation from Alumni Ventures and Recover-Care Healthcare and returning investors Lightspeed Venture Partners. In addition, IDEO, Inflect Health, Correlation Ventures, Rosecliff Venture Partners, Kapor Capital, WTI, and angel investor Ben Jealous. The company plans to employ the new funding is to scale nationwide.
The company delivers an award-winning care enablement platform that allows patients and providers to connect beyond the four walls of a facility. Curve, which now partners with more than 24 facilities, has a presence in Minnesota, New York, California, and Massachusetts.
Curve Health’s platform improves patient outcomes by providing more personalized care for patients and residents. Patients connected from their rooms directly with remote physicians through a tablet, allowing bedside nursing staff to execute treatment plans. Higher visibility on the individual is made available through integrations with electronic health records and diagnostics. Additionally, business intelligence analytics enable care facilities to improve staffing allocation, and innovative billing features provide appropriate reimbursement for small provider groups.
Rob MacNaughton, Curve’s CEO said, they’re seeing tremendous interest and quickly growing demand for remote care options in care facilities across the country. With this investment, they’ll scale even more rapidly, particularly as the post-acute space shifts toward value-based care. They are excited to partner with providers looking to thrive in value-based models and, more importantly, deliver better models of care to seniors nationwide.
By: K. Tagura
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