Fulcrum Equity Partners Announces $13M Series A Growth Equity Round for Olio Health

Olio’s platform improves the quality of care while decreasing readmission rates and length of stay by making the engagement between health systems, payers, and post-acute providers easy. Fulcrum Equity Partners (Fulcrum) is pleased to announce a $13M Series A growth investment in Olio Health (Olio), a workflow and collaboration platform for the post-acute care and population health industry with participation from Mutual Capital Partners (MCP). Olio’s platform provides real-time communication, collaboration, and cost savings to risk-bearing entities and PAC providers. This funding round will be used to further accelerate Olio’s rapid growth through product development and key hires across multiple departments. “The current communication and discharge process is manual, error-prone, and not scalable. Health systems lack insight into their patients’ conditions post-discharge, increasing readmission rates and length of stay,” said Fulcrum Partner, Philip Lewis. “When the entire care management team has real-time patient status throughout the post-acute footprint, providers can drive performance in value-based care arrangements.” Population health and utilization teams can create high volume engagement with their entire post-acute ecosystem, which leads to significant operational and cost of care savings. Olio’s software supports value-based care payers and providers and all levels of post-acute care (SNF, IRF, Home Health, Hospice, LTCH). “Fulcrum...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT LTPAC Ben Forrest Bill Trainor Fulcrum Fulcrum Equity Partners Health IT Funding Health IT Fundings Health IT Investment MCP Mutual Capital Partners Olio Olio Health Philip Lewis Value Based Ca Source Type: blogs