ThoroughCare, a leader in care coordination solutions, has successfully closed its $5 million Series A funding round, led by Empactful Capital. This investment will support ThoroughCare’s continued focus on product development, strategic account management, and expansion into new markets. The funding marks a major milestone for the company as it continues its mission to simplify patient care through innovative, workflow-integrated digital solutions.
ThoroughCare’s platform is designed to address the inefficiencies and fragmentation in patient care, which can result in inconsistent patient engagement, poor outcomes, and revenue loss. The company’s purpose-built solution offers support to a wide range of healthcare organizations—from independent practices to accountable care organizations, health systems, and health plans—helping manage medical, behavioral, and social elements of care delivery. ThoroughCare’s NCQA-accredited platform delivers a unified approach to care management that benefits patients and providers alike.
“This investment will enable us to enhance our product offerings and accelerate growth across new and existing markets,” said Earl Hutz, COO of ThoroughCare. “With Empactful Capital’s support, we’re well-positioned to continue innovating and delivering solutions that empower providers to improve patient outcomes while simplifying the challenges of care management in a highly complex industry.”
Empactful Capital, a venture firm specializing in healthcare innovation, saw ThoroughCare’s unique value proposition as a key driver for their investment. ThoroughCare’s multi-tenant platform offers scalable solutions for healthcare organizations of any size and extends beyond a single entity to serve large networks.
“ThoroughCare’s platform represents a strong solution for addressing the complexities of care management across diverse healthcare networks,” said Sal DeTrane, Managing Partner of Empactful Capital. “Their proven track record, combined with the ability to drive meaningful improvements in patient outcomes and operational efficiency, aligns with our investment focus on transformative healthcare solutions.”
Note: We are also on WhatsApp, LinkedIn, and YouTube, to get the latest news updates, Join our Channels. WhatsApp– Click here, and for LinkedIn– Click Here