# CarePort Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/careport-health

- Industry: Healthcare IT
- Headquarters: Boston, US
- Website: www.careporthealth.com
- Latest round: Seed (Aug 23, 2012)
- Investors on record: 1

## About

CarePort Health, Inc. specializes in enhancing patient care coordination across healthcare settings, offering advanced solutions to streamline care transitions and improve outcomes through its innovative technology.CarePort Health, Inc. was founded in 2012 and is headquartered in Boston, US. The company focuses on facilitating patient care transitions through technology solutions. In October 2020, WellSky Corporation, a portfolio company of TPG and Leonard Green & Partners, agreed to acquire CarePort Health from Allscripts Healthcare Solutions in a transaction valued at USD 1.35 billion, which closed in January 2021. CarePort Health, powered by WellSky, offers advanced solutions designed to facilitate patient care coordination across various healthcare settings. Their primary product, the naviHealth Care Transition Platform, provides tools for identifying, tracking, and managing patients throughout their care continuum. This platform is designed to streamline care transitions, allowing healthcare providers to orchestrate care coordination efficiently, engage referral sources, prevent rehospitalizations, and optimize post-acute care networks. The services are intended for hospitals, health systems, accountable care organizations (ACOs), payers, and post-acute providers across the United States, leveraging a national network to enhance patient outcomes while reducing healthcare costs.In the most recent year, CarePort Health reported a revenue of USD 103.80 mn and an EBITDA amount of USD 64.30 mn. The company's revenue model is based on subscription-based services, providing ongoing access to its Care Transition Platform through contractual arrangements with healthcare providers and payers.CarePort Health plans to leverage its recent acquisition by WellSky Corporation to enhance its service offerings and expand its market presence. The company aims to launch new capabilities within its Care Transition Platform in 2021, targeting enhanced analytics and integration features. They are also focusing on expanding into new geographic markets across North America and are expected to utilize funding from the recent acquisition to support these initiatives, further strengthening their care coordination solutions.

## Funding rounds

- Seed, Aug 23, 2012 — Techstars

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed