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Dexcare Closes $50M Series B Funding Led By Transformation Capital To Advance Its Digital Care Operating System
Dexcare Closes $50M Series B Funding Led By Transformation Capital To Advance Its Digital Care Operating System
01/13/22, 1:00 PM
Location
seattle
Money raised
$50 million
Industry
health care
Round Type
series b
DexCare, Inc., a data-driven intelligence company focused on healthcare access, today announced a $50M Series B funding led by Transformation Capital, with participation from all existing investors, Kaiser Permanente, Providence Ventures, Mass General Brigham, Define Ventures, Frist Cressey Ventures, and SpringRock Ventures. In less than one year, DexCare has closed two oversubscribed funding rounds totaling $71M to-date.
Company Info
Location
seattle, washington, united states
Additional Info
DexCare is a Platform-as-a-Service (PaaS) for health systems that intelligently orchestrates digital demand and health system capacity across all lines of care. In a complex and vast sea of virtual point solutions, DexCare is the operating system that makes it all work. DexCare's data-driven intelligence engine allocates, flexes and optimizes resources to best meet both consumer demand and health system business goals—expanding the reach of health system service lines into a new, digital and on-demand consumer arena. The platform attracts and caters to high-value consumers by providing a fully-digitized, unified experience that routes consumers to the best care options while leveraging existing EMR, caregiver and brand investments. Incubated at Providence, one of the nation's largest and most innovative health systems, DexCare has enabled service lines to attract 30% more new patients, capture 5x downstream revenue, generate 22% per patient encounter in costs savings, and deliver a net promoter satisfaction score greater than 90.DexCare customers include leading health systems across the U.S. For more information, visit dexcarehealth.com or follow us on LinkedIn.
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