GEOH, a provider of practice management software and services for home care agencies, has raised more than $30 million in new funding from Council Capital and its affiliates. Council Capital, a private equity firm with a strong focus on healthcare, brings decades of experience in software and revenue cycle management. The firm will join GEOH’s existing investors, which include Boomerang Ventures, First Leaf Capital, and VisionTech Partners.
GEOH has developed a hybrid model that integrates advanced software with specialized services, providing a comprehensive solution for home care agencies. Its platform helps agencies manage their workforce, deliver quality care to clients, and ensure they are paid for the essential services they provide. The company’s revenue cycle management and executive services have already helped agencies collect more than $275 million.
The business has experienced remarkable growth, doubling its revenue every year for the past three years. This track record reflects both the increasing demand for efficient home care management tools and GEOH’s ability to deliver measurable results for its clients.
With the new investment, GEOH is expected to enhance its technology further, expand its service offerings, and reach more agencies across the country, continuing its mission to streamline operations and improve outcomes in the home care industry.
KEY QUOTES:
“We’re thrilled to partner with Council Capital to fuel the next chapter of GEOH’s growth. Their experience in our space, deep understanding of practice management, revenue cycle management, and strong investment team make them an ideal partner. We’re incredibly excited about what’s ahead.”
Tom Bumgardner, CEO of GEOH
“We have been extremely impressed with GEOH and it’s ability to support home care agencies by simplifying billing and regulatory compliance and ensuring they capture every dollar they’ve earned. GEOH’s platform offers user-friendly, fully integrated solution that reduced administrative burden, improves staff efficiency, and drives higher collections.)” We are looking forward to working with Tom and the entire management team to continue their mission of helping Home Care agencies increase cash flows.” “
Kevin Fahey, Partner at Council Capital
“From the beginning, we believed in the team’s vision and ability to transform home care. Council Capital’s investment validates that conviction and sets the stage for even greater impact. We’re excited to continue supporting this team as they scale one of the most innovative platforms in the market.”
Oscar Moralez, Managing Partner at Boomerang Ventures
