Watershed Health Raises $13.6M Funding to Enhance Care Coordination Services

Watershed Health Raises $13.6M in Funding

Watershed Health's Funding and Growth

Key Highlights:

  • Funding Round: Watershed Health raised $13.6 million in a funding round led by First Trust Capital Partners.
  • Real-Time Care Coordination: Watershed Health's Software-as-a-Service (SaaS) platform enables real-time care coordination, connecting healthcare providers to reduce costs and improve patient outcomes.
  • Customer Base: Watershed Health serves major US health plans, national health systems, and post-acute healthcare organizations, delivering care to over five million patients.

Watershed Health's Target Market

  • Healthcare Payers: Health insurance companies and payers seeking solutions to improve care coordination and reduce costs.
  • Healthcare Providers: Hospitals, clinics, and healthcare organizations looking to enhance patient care outcomes and streamline communication and collaboration.
  • Post-Acute Care Providers: Organizations providing care after a hospital stay, such as rehabilitation centers and home healthcare agencies.

What Watershed Health Needs to Buy

  • Engineering and Development Services: Partnering with technology firms to enhance and expand their real-time care coordination platform.
  • Customer Success and Support: Investing in resources to provide excellent customer service and support to their growing customer base.
  • Sales and Marketing Expertise: Engaging with sales and marketing agencies to expand their market reach and acquire new customers.