Derek Streat
DexCare
Incubated at Providence, one of the nation’s largest and most innovative health systems, DexCare is a data-driven intelligence company focused on healthcare access. DexCare’s core offering is a Platform-as-a-Service (PaaS) that intelligently orchestrates health system capacity and digital demand across all lines of care. DexCare automatically allocates, flexes and optimizes health system resources to best meet consumer demand — expanding the reach of all service lines into a new, digital and on-demand consumer arena. DexCare enables leading health systems across the U.S. to attract 30% more new patients, capture 8x downstream revenue, generate over 20% per patient encounter in cost savings, and deliver a net promotor satisfaction score greater than 90.

Hospitals are moving to hybrid care and need a single solution to attract new patients and to connect them both virtually and in-person with their own caregivers. DexCare utilizes its unique understanding of consumer wants and needs, provider resources, and health system objectives to attract, intelligently route and match consumers with the care options best for them. We chose to partner with Transformation Capital because they’re builders at heart and they know how to navigate the complexities of our space well. To realize our grand vision where everyone has access to the best expertise to prevent, treat and cure illness, we need partners that have been there.

The LTP Value Add
Company Info
Sector
Provider IT & Services
Status
Active Investment
Year Partnered
2021
Transformation Capital Team
Todd Cozzens
Vinay Shah
Jessie Wu
