TurningPoint Healthcare Solutions: Raises Growth Funding

TurningPoint Healthcare Solutions Raises Growth Funding

  • TurningPoint, a Lake Mary, Fla.-based leader in advanced clinical and technology-enabled complex care management, received a growth funding of undisclosed amount
  • The round was led by Summit Partners, with participation from Oak HC/FT and existing investor Sopris Capital
  • In conjunction with the funding, Ross Stern, a Managing Director at Summit Partners, who has joined company’s board of directors
  • The growth capital will enable the company to expand into areas of healthcare, enhance its innovative technology and product offering, and expand its geographic presence
  • The platform provides an innovative suite of specialty care management services and technologies
  • The platform is certified by the National Committee for Quality Assurance, the Utilization Review Accreditation Commission, and HiTrust
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Solana Foundation Launches Financial Developer Platform

Enhancing tools for developers in the blockchain finance space.Highlights: Solana Foundation introduces a new financial developer platform.The platform...

Spade Raises $40M to Strengthen Data and AI Platform

The funding will expand Spade's capabilities in data analytics and AI.Highlights: Spade has raised $40 million in Series...

New York State Mandates Stores to Accept Cash Payments

New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept...

PRA Issues £2 Million Penalty to Bank of London for Integrity Failures

Regulatory body penalizes the bank due to integrity shortcomings.Highlights: PRA fines Bank of London £2 million for integrity...