ExaCare AI, a startup automating the chaotic back-office of post-acute care, has secured a $30 million Series A. The ExaCare AI funding round, led by software giant Insight Partners, is a major bet on applying AI to one of healthcare’s most overlooked and overwhelmed sectors: skilled nursing and home care facilities.
The problem ExaCare is tackling is a messy, analog one. When a hospital wants to discharge a patient to a skilled nursing facility, it sends over a referral packet. According to ExaCare, these packets are often vast, unstructured digital documents, essentially a data dump of a patient's recent medical life. Admissions teams, already stretched thin, have to manually sift through hundreds of pages in minutes to decide if they can safely care for that person.
