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Overview
ThoroughCare provides a cloud-based care coordination SaaS platform that helps healthcare providers participate in value-based care programs across independent practices, ACOs, health systems, and plans. It supports Medicare programs like CCM, AWV, and RPM to maximize reimbursements and improve patient outcomes through integrated care management, data analytics, and patient engagement. The platform automates eligibility checks, documents patient interactions, offers analytics dashboards, and integrates with EHRs like athenahealth and PointClickCare to reduce manual data entry and coordinate care across providers. The goal is to improve care quality, increase Medicare reimbursements, reduce revenue loss, and expand value-based care across clinics.
About ThoroughCare
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$8M
Headquarters
Pittsburgh, Pennsylvania
Founded
2013
Simplify's Take
What believers are saying
- Supports CCM, RPM, BHI, APCM, TCM, and AWV programs.
- Serves over 700 providers, creating cross-sell opportunities across existing accounts.
- Integration partnerships can expand distribution without building every workflow in-house.
What critics are saying
- PointClickCare can bundle rival workflows and compress ThoroughCare's standalone pricing.
- Medicare reimbursement changes directly weaken customer ROI and renewal willingness.
- Heavy dependence on EHR and platform integrations exposes access to partner gatekeeping.
What makes ThoroughCare unique
- NCQA prevalidated care coordination software supports Medicare value-based workflows.
- AI co-pilots and CareCo integration automate documentation and routine care-manager tasks.
- PointClickCare marketplace integration reaches long-term and post-acute providers inside their existing workflows.
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Funding
Total Funding
$8M
Below
Industry Average
Funded Over
3 Rounds
Industry standards
Benefits
Health Insurance
Paid Vacation
401(k) Retirement Plan
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↓ -3%2 year growth
↓ -6%ThoroughCare, a care coordination solutions provider, has appointed Bradley Hill as chief executive officer and Sean O'Donnell as chief growth officer to support its expansion. Hill brings over 25 years of healthcare and technology leadership experience and will focus on strengthening operations, platform development and strategic partnerships. O'Donnell, previously chief growth officer at a mobile surgical solutions company, will drive revenue growth through account development and market expansion across payors and providers. He aims to accelerate adoption of ThoroughCare's care management platform. Founded in 2013, ThoroughCare serves approximately 700 care delivery organisations across the United States with its digital care coordination platform.
CareCo's advanced technology is designed to seamlessly integrate with ThoroughCare's existing platform, facilitating a more efficient, AI-assisted workflow that minimizes manual entry, speeds up documentation processes, and reduces errors.
ThoroughCare, a leader in care coordination solutions, has successfully closed its $5 million Series A funding round, led by Empactful Capital. This i
PITTSBURGH - ThoroughCare, a leader in care coordination solutions, has successfully closed its $5 million Series A funding round, led by Empactful Capital.
Fundraising in Pittsburgh surged in the final quarter of 2024, driven largely by a single major deal.Venture capital investment in the region increased nearly fivefold in Q4 compared to Q3. Companies from Pittsburgh raised a combined $277.9 million across 14 deals during the last three months of the year, according to the latest Venture Monitor report from PitchBook and the National Venture Capital Association (NVCA). It brought the annual total to $650.1 million across 67 deals.There’s an emerging trend of fewer, but larger deals in the region, not only from quarter to quarter, but also year over year. So, although capital investment increased slightly from 2023 to 2024, the decrease in the number of deals indicates a trend toward fewer, larger investments.This could be because “investors are still normalizing from the outsized valuations that were characteristic of 2021,” Ven Raju, president and CEO of startup accelerator Innovation Works, told Technical.ly.Those outsized valuations in 2021 can be attributed to the ongoing pandemic, which accelerated the shift to cloud services and spurred a surge in IPO activity.The tides have shifted going into 2025. Investors have to focus on repositioning and supporting existing portfolio companies, Raju, also the managing director of the Pittsburgh-based early-stage venture capital fund Riverfront Ventures, said.Total capital investment in the region increased only slightly last year, from $645.3 million in 2023. While that’s not a major increase, the average deal size jumped by over 50% from $6.45 million in 2023, which saw 100 deals in total, to $9.7 million in 2024, which only saw 67 deals total.The average deal size increased from $3.56 million in Q3 across 16 deals to $19.85 million in Q4 across 14 deals, with one deal accounting for about 90% of the funds raised across the last three months of the year
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About ThoroughCare
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$8M
Headquarters
Pittsburgh, Pennsylvania
Founded
2013
There are no jobs for ThoroughCare right now.
Find jobs on Simplify and start your career today