Elise Reuter of MedCity News highlights IntelyCare’s Series B funding round – the largest venture round in nursing tech.
A startup bringing a tech-based approach to healthcare staffing raised $45 million in equity and debt financing. Boston-based IntelyCare’s software matches nurses with openings at nursing homes and assisted living facilities, letting them opt into shifts of their choosing.
With an expected nursing shortage, many healthcare facilities are already feeling the pinch — especially skilled nursing facilities, which generally have fewer nurses available to cover dropped shifts.
“It’s quite common for nurses in this industry to stay 16 hours even if they’re scheduled for 8 hours. It leads to burnout and becomes quite dangerous for patient care as well,” Co-Founder and Chief Nursing Officer Chris Caulfield said.
Read the full article here.