Everything we do at CareSync is through our care coordination lens, and has been since we set out to help connect people and data back in 2011. Improving care is at the heart of what we do. Since January, when the Centers for Medicare and Medicaid Services (CMS) began reimbursing providers for Chronic Care Management (CPT Code 99490), we've had hundreds of healthcare providers throughout the United States turn to CareSync to serve as a virtual nursing extension of their practice. We've worked with tens of thousands of patients, their caregivers, and all of their healthcare providers.
This incredible demand for our CCM solution, combined with our passion for helping people coordinate care is why we are incredibly excited and proud to announce that CareSync has secured $18 million in Series B funding. This new funding allows us to quickly grow to meet the incredible demand for our care coordination services and technology, and to further advance our position as the leader in Chronic Care Management. Our Series B participants include Merck Global Health Innovations (GHI), Greycroft Partners, and Harbert Venture Partners, as well as all of our Series A investors including Tullis Health Investors, Clearwell Group, CDH Solutions, and our founder and CEO, Travis Bond.
"We’re leading the mission to simplify the healthcare experience for everyone involved," said Travis Bond, our founder & CEO. "With this investment, our team is excited to embark on CareSync’s next chapter of growth as we continue to arm patients and providers with the personalized data they need for better outcomes and lower costs.”
Stay tuned for more exciting news from CareSync as we grow our team of compassionate Health Assistants, expand the breadth of care coordination services we offer, and create even better user experiences in our web, iOS, and Android applications.
We’re eager to continue on our mission to help better coordinate care, and we are incredibly excited for the opportunities ahead of us. Click here to read the full press release.