PinpointCare, a Chicago, IL-based bundled payment and care coordination technology company, secured $11M in funding.
The backers remained undisclosed.
The company will use the funds to continue to accelerate growth.
Led by Chief Executive Officer Joel Splan and Chief Technology Officer Adam Hoffman, PinpointCare provides a Software-as-a-Service application that streamlines care coordination for hospitals, physician groups, post-acute care providers, and patients.
The solution is used by purveyors of bundled payments to connect and unite each patient episode with the provider’s entire acute and post-acute network and deliver personalized care planning, monitoring, and communication.
In 2014, the company developed a platform with bundled services for orthopedic procedures, which has been deployed by the Illinois Bone & Joint Institute for over a year. Today, the same platform is being used by 66 customers.