Hicuity Health Closes Growth Financing

Hicuity Health

Hicuity Health, a St. Louis, MO-based provider of acuity telemedicine solutions, raised an undisclosed amount in Growth funding.

The round was led by Concord Health Partners.

The company intends to use the funds to expand its presence across service lines and invest in three main areas to accelerate growth of its tech-enabled care delivery services:

  • Support for the broad range of growth and technology developments at Hicuity to further enhance the customer experience;
  • Expansion into new specialty lines of business and care venues to provide resources to future and existing customers;
  • Support for both organic and inorganic strategic growth opportunities to enhance its existing product offering.

Led by CEO Lou Silverman, Hicuity Health provides a diverse range of clients and care venues – including health systems, hospitals, and post-acute care facilities with an expanding line of services that includes virtual nursing, tele-ICU, remote inpatient telemetry, virtual sitter, smart device monitoring, and shared services. The company specializes in delivering expert care on a 24 x 7 x 365 basis to high-acuity patients in high-acuity environments. Its proprietary HUB workflow management technology platform enables care delivery and informs patient management across 12 clinical care centers that serve more than 145 hospital partners located in 35 states nationwide.

FinSMEs

28/06/2023