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DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

by Fred Pennic 06/12/2024 Leave a Comment

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DexCare Secures Strategic Investments from Tampa General, Community Health Network, Texa Health

What You Should Know: 

– DexCare, Inc., a provider of care orchestration platforms for health systems, announced today the addition of three strategic investors: Community Health Network, Tampa General Hospital, and Texas Health Resources. 

– These new partners join DexCare’s impressive roster of existing health system investors, including Providence, Kaiser Permanente, and Mass-General Brigham.

Industry Backing Fuels Growth

This strategic investment, led by ICONIQ Growth and earmarked specifically for U.S. health systems, provides DexCare with the necessary capital to accelerate market adoption of its innovative platform. Importantly, each new investor was previously, and remains, a satisfied DexCare customer. This industry insider perspective validates the platform’s effectiveness and its alignment with the evolving needs of healthcare systems.

DexCare: A Critical Solution for a Changing Landscape

DexCare’s platform is designed to empower health systems to thrive in today’s dynamic healthcare environment. Factored into this environment are trends like the rise of alternative care models, an aging population, and increasing pressure on both staffing and budgets. DexCare addresses these challenges by providing:

  • Data-Driven Insights: Manages a comprehensive care portfolio, encompassing doctors, clinics, virtual care options, and specialty services.
  • Intelligent Matching: Dynamically allocates patient demand to available resources, ensuring optimal utilization and access.
  • Operational Efficiency: Predicts and assigns care routing, optimizing workflows and balancing resource utilization.

“Our fragile healthcare infrastructure has reached a tipping point,” said Derek Streat, CEO of DexCare. “Every day, we’re confronted with caring for more Americans, against a backdrop of labor shortages and rising costs. Greater patient access, a capacity of caregivers, and operational efficiency shouldn’t be tradeoffs, and DexCare’s platform achieves the equilibrium to deliver on all three fronts.”

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