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Venture Capital News: Hicuity Health Announces Growth Financing

2023-06-27
ST. LOUIS, MO, Hicuity Health today announced that they have completed a growth equity financing, led by Concord Health Partners.
Hicuity Health, a leading provider of high acuity telemedicine, including tele-ICU, virtual nursing, virtual sitting, telemetry, and smart device monitoring for health systems across the U.S., today announced that they have completed a growth equity financing, led by Concord Health Partners. With this funding, Hicuity will accelerate its plans to expand its presence across service lines and support technology development initiatives. Hicuity's solutions help alleviate persistent workforce burdens by providing virtual clinical care in support of the bedside clinical team, driving improved quality of care for patients and support for onsite clinicians.

Hicuity Health has pioneered provider-to-provider telemedicine innovations. Serving a diverse range of clients and care venues - including health systems, hospitals, and post-acute care facilities - with its expanding line of services that includes virtual nursing, tele-ICU, remote inpatient telemetry, virtual sitter, smart device monitoring, and shared services, the company is the leader in delivering expert care on a 24 x 7 x 365 basis to high-acuity patients in high-acuity environments. The company's innovation is highlighted by its proprietary HUB workflow management technology platform, which enables seamless care delivery and informs patient management across 12 clinical care centers that serve more than 145 hospital partners located in 35 states nationwide. Hicuity Health cares for 160,000 patients per year, delivering enhanced patient outcomes, tangible ROI, and expert clinical support for the bedside teams at our partner hospitals.
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