WhiteSpace Health, a Boca Raton, Fla.-based provider of healthcare analytics in the ambulatory setting, raised $18m in funding.
The investment was made by parent company, Omega Healthcare, that is backed by investment funds managed by Goldman Sachs Asset Management (Goldman Sachs) and Everstone Capital.
The company intends to use the funds to to accelerate the product roadmap of its AI-driven Revenue Intelligence Platform and the expansion of its selling engine.
Led by Gautam Char, President and CEO, WhiteSpace Health is a provider of healthcare analytics in the ambulatory setting through direct and white labeled solutions. The platform integrates with disparate systems to provide a unified enterprise dataset. Through the combination of artificial intelligence and proprietary methodologies, the company delivers actionable insights, which build organizational alignment through data, and support rapid decision making essential for resolving areas of revenue leakage, improving operational performance, uplifting revenue, and transforming the business. Additionally, new guided solutions enable both prevention and resolution of denials, as well as predictive capabilities to reduce patient no-shows that drive higher provider utilization. Earlier this year, the company entered the acute care market. The company’s solutions are used by clients across the entire healthcare continuum.