RightCare, a Philadelphia, PA-based medical technology company, secured $4m in funding.
NewSpring Health Capital provided the funding. In conjunction with the deal, NewSpring Capital’s General Partner, Brian Murphy, will join RightCare’s Board of Directors.
The company intends to use the funds to further accelerate and broaden the commercial growth of its software through geographic expansion across the nation, and continue with ongoing product innovation.
Led by Eric Heil, co-founder, president and CEO, RightCare provides software comprised of three modules – RightCare Risk Assessment, RightCare Coordination Central, and RightCare Post Care Connect – designed to assess patient risk and needs at the time of admission, ensuring that the most appropriate post-acute care plan is offered, and transition patient information to the post-acute care providers.