What CoreCare does

CoreCare is an AI-powered revenue management platform serving post-acute and long-term care providers, headquartered in New York, NY, and founded in 2020. The company operates a portfolio that includes CoreCare Admit, an AI-led admissions platform, and supporting workflow tools designed to automate hospital referral decision-making and Preadmission Screening and Resident Review (PASRR) compliance tracking for skilled nursing facilities. Its AI Admissions Platform processes structured referral data to identify patterns and accelerate admissions approvals, with a stated aim of meeting a 30-minute response benchmark and processing up to 1,500 referrals in 48 hours, while improving census management for healthcare chains.

The company targets mid-to-large healthcare organizations, including skilled nursing providers, nursing home chains, hospital systems, and post-acute care facilities. CoreCare sells its AI admissions tools alongside competitors such as Olio and PointClickcare, positioning itself as a vendor of AI-driven automation for census management and hospital relationship optimization. The company has secured Y Combinator backing and approximately $3.125M in disclosed early funding across two rounds, with named enterprise customers including Creative Solutions in Healthcare (operating 162 facilities), Ignite Medical Resorts, and Focused Post Acute Care Partners.

CoreCare operates on a subscription-based software licensing model and pursues a direct enterprise sales motion. The company has expanded into the Canadian market through a provincial rollout of an electronic health information system (CorCare) with the Newfoundland and Labrador Health Authority (NLHS), and has extended its product surface from a general AI Admissions Platform into the more specialized CoreCare Admit PASRR workflow product, signaling active upmarket and product-line expansion.

Name

CoreCare

Website

https://corecare.ai

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

CoreCare is an AI-powered revenue management platform for post-acute and long-term care. Founded in 2020 in New York, the company automates admissions, referral processing, and PASRR compliance for skilled nursing facilities and healthcare chains.

Ownership category

akta.pro rank

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. AI Admissions Software Licensing: CoreCare provides AI admissions tools to skilled nursing providers on a software licensing basis. The company serves as a vendor of AI admissions tools alongside competitors like Olio and PointClickCare for census management and hospital relationship optimization.

Go-to-market motion1 record

Distribution channels1 record

Core offering

CoreCare provides an AI-powered collaborative revenue management platform for post-acute and long-term care providers, centered on an AI admissions platform that automates hospital referral decisioning for skilled nursing facilities. The portfolio also includes CoreCare Admit, the first workflow solution for Preadmission Screening and Resident Review (PASRR) tracking in skilled nursing, and a broader electronic health information system deployed across healthcare facilities.

Product overview

CoreCare offers a portfolio of AI-powered healthcare technology solutions for skilled nursing facilities. The company's core products include the CoreCare AI Admissions Platform for automated hospital referral decision-making, CoreCare Admit for Preadmission Screening and Resident Review (PASRR) tracking workflows, and a broader electronic health information system. These products work together to address the full admission lifecycle from initial referral through resident tracking.

Differentiator

Problem solved

Functional benefit

Brands

• CoreCare Admit: First workflow solution for Preadmission Screening and Resident Review (PASRR) tracking in skilled nursing facilities.

Products and services

• CoreCare Admit A workflow solution for Preadmission Screening and Resident Review (PASRR) tracking in skilled nursing facilities, designed to streamline preadmission screening and replace manual PASRR documentation and compliance tracking.
• CoreCare AI Admissions Platform AI-led admissions platform for skilled nursing facilities that accelerates hospital referral decisions, automatically approves eligible admissions, identifies denial patterns, and targets a 30-minute response benchmark for SNF admissions.
• CoreCare Electronic Health Information System Electronic health information system deployed across healthcare facilities to manage patient records and health data, with evidence of a province-wide rollout in Newfoundland and Labrador.

Quantifiable outcome

• Anecdotal reports of short-term implementation challenges including patient complaints and increased wait times (context: NLHS CorCare EHR system rollout)

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature2 records

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• PointClickCare: Dominant cloud EHR and care coordination platform for the US skilled nursing and senior living market. Named explicitly as a CoreCare competitor for SNF census management and hospital referral workflows, with much broader product breadth and entrenched customer base.
• Olio: AI-driven hospital-to-post-acute care coordination and admissions platform. Explicitly cited alongside CoreCare as a competing AI admissions tool vendor for skilled nursing providers, serving overlapping customers with similar referral-decision automation.

Broad incumbents

• WellSky: Large healthcare technology platform with deep post-acute and long-term care software offerings including care coordination, EHR, and analytics. Competes with CoreCare in the SNF technology stack at the broader suite level rather than the admissions wedge.
• MatrixCare: EHR and care management platform purpose-built for skilled nursing, senior living, and home health. Competes for the same SNF IT budget as CoreCare but with a full-suite offering spanning clinical, billing, and analytics.
• Netsmart Technologies: Healthcare IT vendor serving post-acute, behavioral health, and senior living providers. Comparable to CoreCare as a platform vendor in the post-acute space, though with a broader portfolio and larger footprint than CoreCare's SNF-focused admissions wedge.
• Yardi: Enterprise software suite for senior living and SNF operators covering property management, clinical, and accounting workflows. Competes for the same operator technology dollars but at the broader operational suite level.
• Oracle Health (Cerner): Large-scale healthcare IT vendor with hospital-to-post-acute referral and care coordination capabilities. While primarily focused on acute care, its referral and care management modules overlap with CoreCare's admissions decision support functionality.

Emerging players

• Cantata Health: Healthcare technology vendor providing post-acute and long-term care software including EHR and revenue cycle. Comparable mid-market competitor to CoreCare in the SNF technology category with overlapping customer base but broader clinical scope.
• Alora Healthcare: Cloud-based home health and hospice software platform. Adjacent to CoreCare's post-acute focus with overlap in care coordination workflows, though primarily serving home-based settings rather than SNFs.

Others

• InteliChart: Patient engagement and care coordination platform serving post-acute and ambulatory providers. Adjacent technology category to CoreCare with overlapping referral-management workflows but a different primary buyer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds3 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CoreCare