Minnesota remote care company Healthsense is looking to expand its reach with the $10 million in financing, eying opportunities in managed care and home health.
Healthsense partnered with private equity firm Mansa Capital, saying that it hopes to leverage the group’s "exceptionally strong relationships" in areas that represent an "ideal complement to our thriving senior living business." Mansa chief investment officer Ruben King-Shaw Jr. joined Healthsense’s board after the funding closed.
"Healthsense embodies all that we look for when considering an addition to our healthcare portfolio, particularly given the ever-increasing industry focus on managed care," King-Shaw said in prepared remarks. "We seek to engage with companies that demonstrate both strong growth potential and the ability to advance the healthcare industry’s triple aim of improving care, reducing costs and enhancing the patient experience."
The new funding brings Healthsense’s total to $17 million to date for its remote care technologies, including its eNeighor monitoring system for monitoring and overseeing elder care. The package comes with an emergency call pendant, health and wellness reports, vital sign devices and a series of sensors placed around the house to measure motion and contact.