CoreCare offers an AI-powered platform that automates and tracks critical workflows for post-acute and long-term care providers, enabling seamless collaboration among admissions, revenue cycle, and clinical teams. By eliminating up to 99% of missed renewals and forms, CoreCare significantly reduces billing errors and accelerates cash flow, improving overall financial performance.
Funding
$3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Post-acute and long-term care (PALTC) providers face challenges in coordinating workflows across admissions, revenue cycle, and clinical teams, leading to missed renewals, billing errors, and delayed cash flow. Existing electronic health record (EHR) systems often lack the collaborative features needed to streamline these processes, resulting in inefficiencies and financial losses.
Solution
CoreCare offers an AI-powered collaborative revenue management platform designed specifically for long-term care facilities. The platform integrates admissions, revenue cycle, business office, and clinical functions into a single system, facilitating seamless data sharing and communication. By automating key workflows, such as eligibility verification, benefits monitoring, and Medicaid application tracking, CoreCare reduces administrative burdens and ensures compliance. The system proactively alerts teams to missing information, data discrepancies, and new approvals, enabling faster billing cycles and improved cash flow.
Target Audience
CoreCare targets post-acute and long-term care providers, including nursing homes and skilled nursing facilities, seeking to improve operational efficiency, optimize reimbursement rates, and enhance financial performance.
Features
- AI-powered referral analysis for rapid clinical and financial evaluations
- Automated eligibility and benefits verification to identify data discrepancies
- Medicaid application and renewal tracking with proactive alerts for missing forms
- Integrated PASRR (Preadmission Screening and Resident Review) information management
- Customizable dashboards for real-time visibility into key performance indicators
- Secure EHR/EMR integration for seamless data exchange
- In-platform document capture and transmission capabilities
- Automated alerts for new Medicaid approvals, enabling faster billing