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CoreCare logo — Simplifying the business of long-term care

CoreCare

Simplifying the business of long-term care

Founded 2019 United States New York, United States 20 employees Seed Total: $3.13M Fintech, Health Care +1

General Information

Company Name CoreCare
Founded Year 2019
Location United States New York, United States
Founders / Decision Makers
Team member
Employees 20
Industries Fintech, Health Care, Payments
Funding Stage Seed
Social

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About CoreCare

CoreCare is a 2020-founded United States-based startup with the slogan "Simplifying the business of long-term care." The company has garnered a $3.00M Seed Round investment on 29 October 2020, with participation from notable investors including Amplifyher Ventures, Y Combinator, International Accelerator, Goat Ventures, Cathexis Ventures, IAG Capital Partners, Maccabee Ventures, Pareto Holdings, Twenty Two VC, and Jon Oringer. The startup, CoreCare, is positioned to revolutionize the post-acute and long-term care (PALTC) sector by leveraging AI technology. Its AI-powered platform assists providers in automating and tracking critical workflows efficiently. By doing so, CoreCare aims to eliminate up to 95% of billing errors and reduce "days sales outstanding" (DSO) by up to 50%, resulting in significant time savings and higher job satisfaction for providers. Having secured the backing of leading venture capital firms such as Primetime Partners, this Fintech and Health Care startup is well-positioned to disrupt and enhance financial performance, all the while streamlining operations for over 1,000 locations across the nation as the industry platform of record. The platform facilitates collaboration among billing, business office, and clinical reimbursement teams, driving accurate and timely claim reimbursement in crucial areas such as eligibility, authorizations, and assessments & forms. CoreCare’s commitment to utilizing innovative technology to address core industry challenges places it as a promising contender within the health care and fintech sectors, especially with the strong support from its investors and its participation in the prestigious Y Combinator alumni community.

Taxonomy: Medicaid eligibility, Long-term care workflow, Integrated platform, EHR/EMR integration, State Medicaid system integration, Intelligent automation, Financial performance improvement, Productivity enhancement, Risk reduction, Cash flow management, PHE (Public Health Emergency) preparation, Funding from Primetime Partners, Funding from Funders Club, Funding from GOAT Capital, Y Combinator-backed

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $3.00M 10
Amplifyher Ventures Y Combinator International Accelerator
Amplifyher Ventures, Y Combinator +8
29 Oct 2020
Pre Seed Round $125.00K -
25 Aug 2020

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FAQ About CoreCare

Simplifying the business of long-term care
CoreCare was founded in 2019.
CoreCare is headquartered in New York, United States.
CoreCare operates in Fintech, Health Care and Payments. Its work centres on Medicaid eligibility, Long-term care workflow, Integrated platform and EHR/EMR integration.
CoreCare has approximately 20 employees.
CoreCare has completed 2 funding rounds, raising a total of $3.13M. The latest funding stage is Seed.
Top alternatives and competitors to CoreCare include Hive Health, Mayar, CardUp, Wibond, Dill. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CoreCare and Hive Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CoreCare, https://bouncewatch.com/company/corecare, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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