Horsham Biz Nets $5 Million from Investors

RightCare Solutions, Inc., a medical technology company whose software is designed to identify patient risks, improve outcomes and reduce patient readmissions, has secured $5 million in financing.

The financing, offered in Series B funding led by existing investors Domain Associates, LLC and Compass Partners, LLC., is earmarked for RightCare's sales, marketing, and operations, according to a press release issued by the company. 

Since its Series A round of funding last year, RightCare, which is located on Gibraltar Road in Horsham Township, has completed a number of implementations with academic health systems demonstrating clinical improvements.

"We continue to grow our team, as well as our national presence," said Eric Heil, RightCare Solutions co-founder, president and CEO. “With our proven outcomes demonstrating the positive impact of the RightCare software and a growing number of hospital partners across the country, we anticipate growth in sales and earnings over the next 12 months.”