CareGenix Solutions – a provider of virtual healthcare services like remote patient monitoring chronic care management and behavioral health integration services – announced it has secured a multi-million dollar growth funding package from Decathlon Capital Partners.
This funding round enables CareGenix to continue to deliver on large-scale contracts and support its mission of providing advanced virtual health services that empower patients and healthcare providers alike.
Caregenix’s platform enables healthcare providers to remotely track patient vitals, deliver proactive care, and manage chronic including behavorial conditions more effectively, giving patients a greater degree of comfort and independence in their healthcare journey. And CareGenix will use the funding for expanding its capacity for delivering patient monitoring solutions, enhancing both patient engagement and healthcare outcomes through cutting-edge technology.
Based in Rosemont, Illinois, CareGenix will repay its investment to Decathlon Capital Partners through operating cash flow. And Caregenix was not required to give up any control of the company, and no equity or ownership was exchanged for the infusion of growth capital.
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“At Caregenix, our mission is to make healthcare more accessible, effective, and patient-centered through remote monitoring solutions that bridge the gap between patients and providers,” Khan said. “With Decathlon’s support, we are excited to continue scaling our operations to meet the needs of our clients, helping them deliver timely, personalized care to a larger patient population.”
- Faisal Ghani , Co-Founder and Chief Operating officer of Caregenix
“Caregenix’s commitment to improving patient outcomes through its groundbreaking remote monitoring platform is truly impressive,” Grossman said. “We’re excited to partner with them as they grow, expanding their ability to empower healthcare providers with the tools needed to deliver quality, timely care.”
- Kevin Grossman, Vice President of Decathlon Capital Partners
