Olio, a leading software platform streamlining care coordination, announced the closing of an $11 million Series B funding round. The funding round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners (MCP).
Olio enables payers, health systems, and physician groups to efficiently manage patient transitions across care settings: Skilled Nursing, Home Health, Behavioral Health, Long-Term Care, etc. And Olio provides improved outcomes and operational efficiencies, enabling organizations to engage their entire footprint at scale and address a critical need in the care continuum.
What the funding will be used for: With new funding, Olio plans to expand its product offerings and accelerate go-to-market initiatives, deepening its impact on healthcare organizations nationwide.
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“Olio is transforming a manual, error-prone, and unscalable discharge process. With real-time patient status across the care continuum, providers can truly drive performance.” Bill Trainor, Partner at Mutual Capital Partners, adds, “With rising demand for operational efficiencies and data-driven cost savings, we’re excited to continue partnering with Olio to improve patient outcomes and reduce readmissions and costs.”
Philip Lewis, Partner at Fulcrum Equity Partners
“Olio is solving one of healthcare’s most critical challenges — connecting care across the continuum in a scalable, impactful way. I’m thrilled to support a company that is not just innovating, but truly transforming how providers partner with each other for better patient care.”
Jill Sharp, Sr. VP of Care Delivery, Emcara Health, and Olio board member
“At Olio, our mission is to transform the way healthcare organizations coordinate care. The continued investment from Fulcrum Equity Partners, combined with the support from Mutual Capital Partners, positions us to scale our impact and drive meaningful change across the industry.”
Ben Forrest, CEO of Olio
