Post Acute Analytics, a Dallas, TX-based provider of solutions that empower healthcare providers and payors to impact the total quality and cost of care, closed a Series B round of funding of undisclosed amount.
The round was co-led by Concord Health Partners, through its AHA Innovation Development Fund, and Dorilton Capital. Existing investors including Generator Ventures also participated in the round.
The capital will be used to further develop and enhance PAA’s proprietary artificial intelligence & technology platform, bolster its management team, and support efforts.
Led by Saqib Akhter, Co-Founder and CEO, and John Taylor, Co-Founder and Chairman, Post Acute Analytics enables healthcare providers and payors to make real-time decisions that improve patient outcomes while reducing total cost of care through the implementation of artificial intelligence, a turnkey integration engine, and medical leadership. PAA works in conjunction with customers across the healthcare universe including some of the largest health plans, hospitals, and physician groups in the United States. PAA is currently being utilized by over 2,000 providers in the country demonstrating total cost of care reduction of 13.2%.