What You Should Know:
– CareGenix Solutions, a provider of virtual healthcare services has secured a multi-million dollar growth funding package from Decathlon Capital Partners.
– The investment will enable CareGenix to expand its capacity for delivering innovative solutions, such as remote patient monitoring, chronic care management, and behavioral health integration.
Remote Patient Monitoring and Chronic Care
CareGenix’s technology empowers patients and healthcare providers by enabling remote tracking of vital signs, proactive care delivery, and more effective management of chronic conditions, including behavioral health concerns. This patient-centric approach enhances the healthcare journey, providing greater comfort and independence for individuals managing their health.
Expanding Access to Virtual Care Solutions
The funding from Decathlon Capital Partners will enable CareGenix to:
- Expand its remote patient monitoring program: Provide more patients with access to remote monitoring technology and support.
- Enhance chronic care management services: Develop and deploy new tools and resources to help patients manage chronic conditions more effectively.
- Strengthen behavioral health integration: Improve access to mental health services and integrate behavioral health support into overall care plans.
CareGenix will repay its investment through operating cash flow, ensuring a flexible and sustainable funding model. Importantly, the company retains full control and ownership, with no equity exchanged for the growth capital.
