Fred Pennic of HIT Consultant covered IntelyCare’s recent news of raising $10.8M through Series A fundraising.

Solving the nursing shortage that’s expected to reach 1.2 million RN vacancies by 2022 (according to the Bureau of Labor Statistics) will take a multi-faceted approach. Part of the solution will be better allocating nursing professionals in a way that considers the needs of both nurses and local facilities. IntelyCare, a digital health startup announced that is has raised $10.8 million in funding to expand the development and adoption of its workforce management solution for post-acute healthcare facilities.

 

The Series A round was led by Leerink Revelation Partners with participation from Longmeadow Capital, previous investor LRVHealth and Bill Mantzoukas, an entrepreneur who has owned and operated a series of skilled nursing facilities. This investment brings IntelyCare’s total funding to $14 million.

To read the full article, visit hitconsultant.net.