The Company will use proceeds to further innovate its care-at-home services, software, and technology to expand its offerings and continue to improve patient outcomes.
Eir Partners, a middle market private equity firm focused on healthcare technology and tech-enabled services, announced a growth investment in Porter, the only platform dedicated to connecting plan members with the resources, services, products, and education they need to live their best lives at home.
Porter is led by John Criswell, an experienced healthcare technology founder, who witnessed firsthand how healthcare system complexity negatively impacts the quality of care for members and patients of payors and providers. John created Porter to build a technology solution to simplify the healthcare maze.
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Headquartered in Baltimore, Porter has distinguished itself as the only quality- and risk adjustment-focused care coordination program. Porter uses technology and AI to streamline care coordination, removing barriers to follow-up treatment, improving patient outcomes, and driving compliance for risk adjustment programs. Porter’s technology and services reach across the U.S., helping members from diverse backgrounds with a wide range of health conditions.
“We are excited to announce the growth partnership between Porter and Eir,” said Brett Carlson, Managing Partner of Eir Partners. “Porter is making a meaningful difference across its covered patient population of over two million by driving follow-up treatment, improving health outcomes, and elevating the member experience.”
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John Criswell, Founder, CEO, and Chairman of Porter, added “We are pleased to be partnering with Eir given their strong history of investing and scaling technology-enabled providers in the payor services market. This is an exciting inflection point for Porter. We are thrilled to continue driving value for our patients, customers, and clinicians, while also increasing investment into our technology and expanding our geographic footprint.”
Eir Partners received legal counsel from McDermot Will and Emery LP.
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Source – PR Newswire
