What You Should Know:
– CoachCare, a provider of remote patient monitoring (RPM) and virtual care management solutions raises $48M in strategic growth investment led by Integrity Growth Partners (IGP). The funding will fuel the company’s expansion and enhance its platform to meet the growing demand for remote care solutions.
Addressing the Rise of Chronic Disease
The increasing prevalence of chronic conditions such as obesity, hypertension, and diabetes has placed a significant burden on healthcare systems. CoachCare’s platform addresses this challenge by providing healthcare providers with the tools and support needed to effectively manage and monitor patients with chronic conditions. By combining advanced technology with comprehensive care management services, CoachCare empowers providers to improve patient outcomes, increase practice revenue, and alleviate staffing pressures.
Strategic Partnership with IGP
The partnership with IGP will enable CoachCare to accelerate its growth trajectory and expand its market reach. IGP’s expertise in scaling software and technology-enabled businesses will be instrumental in supporting CoachCare’s expansion plans.
CoachCare offers a comprehensive suite of remote care management services, including RPM, chronic care management, principal care management, and behavioral health integration. The company’s platform-based approach provides healthcare providers with a flexible and scalable solution to meet the diverse needs of their patient population.
Proven Impact
CoachCare’s solutions have already benefited over 150,000 patients and hundreds of healthcare organizations. The company’s focus on improving patient outcomes and increasing provider revenue has earned recognition as a leader in the remote patient monitoring space.
“CoachCare is becoming the go-to RPM solution for healthcare providers, which is reflected by our deep roster of satisfied customers and expansive virtual care management offerings,” said Wes Haydon, President and Co-Founder of CoachCare. “CoachCare has been growing rapidly, both organically and through M&A, and we look forward to partnering with IGP and leveraging its considerable software and operational expertise as we continue to build our business and enhance our product offerings for customers,” said Andrew Zengilowski, CEO and Co-Founder of CoachCare.
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