Hallmark Health Care Solutions Receives Growth Investment

Hallmark Health Care Solutions

Hallmark Health Care Solutions, a NYC-based healthcare technology company specializing in workforce management solutions, received a growth Investment of undisclosed amount.

The round was led by Summit Partners, with participation from existing investor Enhanced Healthcare Partners and Hallmark management. Ross Stern, a Managing Director of Summit Partners, has joined Hallmark’s Board of Directors.

The company intends to use the funds to maintain its vendor neutral position and to support continued expansion of innovative workforce management solutions that bring transparency, efficiency and savings to healthcare organizations.

Led by CEO Isaac Ullatil, Hallmark Health Care Solutions partners with healthcare organizations to face their labor-related challenges. From talent sourcing and deployment to provider compensation and contracting, its workforce management platform focuses on essential data, improves access to talent, drives operational efficiency, and delivers substantial cost savings. Through combination of technology, strategy, service, and partnership, the company empowers healthcare organizations to focus on their core purpose: lifesaving patient care.

The company partners with health systems, hospitals, physician groups and other healthcare organizations to overcome some of their labor-related challenges. Its SaaS-based platform combines tools addressing talent sourcing and deployment with provider compensation and contracting to create an end-to-end healthcare workforce management solution. With Hallmark, customers can work with essential workforce data, improve access to talent, drive operational efficiency and achieve substantial cost savings.

The company’s SaaS platform is used by more than 85 healthcare organizations and more than 750 staffing agency partners across the United States.

FinSMEs

18/10/2023