TurningPoint Healthcare Solutions Raises Growth Funding

TurningPoint Healthcare Solutions, a Lake Mary, Fla.-based leader in advanced clinical and technology-enabled complex care management, received a growth funding of undisclosed amount.

The round was led by Summit Partners, with participation from Oak HC/FT and existing investor Sopris Capital. In conjunction with the funding, Ross Stern, a Managing Director at Summit Partners, who has joined TurningPoint’s board of directors.

The growth capital will enable the company to expand into areas of healthcare, enhance its innovative technology and product offering, and expand its geographic presence.

Founded in 2014 by Eric Pezzi, CEO and Founder, TurningPoint provides an innovative suite of specialty care management services and technologies that enable health plans to improve the safety, quality, and affordability of healthcare. Its solution is designed to bring together health plans, providers, and patients to manage complex clinical care for patients, from discovery and diagnosis through recovery. The suite of services offer condition-specific, quality-driven, value-based care management services that optimize and support members’ care from diagnosis and discovery through recovery.

The new capital comes after seven years of consistent growth within the company’s established areas of care management, including musculoskeletal (MSK), ear-nose-throat (ENT), sleep, and cardiac care.

TurningPoint is certified by the National Committee for Quality Assurance, the Utilization Review Accreditation Commission, and HiTrust.

FinSMEs

13/09/2021