Basalt Health Raises $20M Series A Led by NEA to Speed Post-Acute Admissions
NASHVILLE, Tenn.--(BUSINESS WIRE)--Basalt Health, the AI platform that helps patients transition to post-acute care faster, today announced a $20 million Series A financing led by return investor NEA, with participation from existing investors Frist Cressey Ventures and 25m Health. The round brings the company’s total capital raised to approximately $24.5 million. Each year, roughly 14 million patients enter post-acute care—yet the placement process has failed to evolve. The archaic process typ