ExaCare AI, a company developing artificial intelligence tools to streamline operations in post-acute care settings, has raised $30 million in Series A funding to expand its platform for skilled nursing and home health providers.
The new investment — led by global software investor Insight Partners with participation from Foundation Capital, Bienville Capital, and several post-acute operators — will help ExaCare scale its technology, enhance engineering and customer support, and introduce new AI-driven products tailored to long-term care facilities.
ExaCare’s software is already being used in more than 1,500 facilities across the U.S., including National Health Care Associates, Journey Skilled Nursing, Monarch Healthcare Management, Majestic Care, and Ignite Medical Resorts. Its tools are designed to tackle one of the most persistent challenges in skilled nursing: managing patient admissions efficiently and safely.
Admissions in these facilities often rely on disorganized, unstructured referral packets that make it difficult for staff to identify clinical risks or make timely decisions. ExaCare’s AI platform analyzes these materials, flags potential issues, and standardizes communication to help teams make faster, more informed choices — ultimately reducing errors, delays, and lost revenue, the company said in a Thursday press release.
“Our vision is to build an AI operating system for all of post-acute care,” said Laird Russell, ExaCare’s co-founder and CEO. “Powerful AI agents will work alongside every team to turn scattered data into clear next steps. When every decision is auditable and every workflow adapts in real time, caregivers can focus entirely on people and outcomes.”
For Russell, the mission is personal. “I spent three and a half years with a brain injury in and out of medical care,” he said. “Creating this new world is personal for me, and it’s why we’re investing deeply in proprietary models built specifically for this setting.”
Investors say the company’s technology is arriving at a critical time. “Post-acute providers operate under razor-thin margins and chronic staffing shortages, which directly affect health outcomes,” said George Mathew, managing director at Insight Partners. “ExaCare’s agentic AI platform is addressing this head-on by making admissions simpler, more reliable, and measurably faster.”
Alongside the funding, ExaCare announced the addition of five industry advisors to help guide its product roadmap: Ephram Ostreicher, COO of National Healthcare Associates; Bernie McGuinness, president and CEO of Journey; Austin Steele, chief strategy officer at Journey; Tim Fields, co-founder and CEO of Ignite Medical Resorts; and Renee Pruzansky, vice president of strategy and business development at Infinite Care.
The company’s growing suite of AI “agents” automates critical tasks across facility operations. These include:
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Admissions Agent, which reviews and triages referral packets, highlighting key clinical data and ensuring alignment with facility criteria.
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Reimbursement Agent, which supports documentation and coding for accurate, timely billing across Medicare, Medicaid, and managed care.
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Clinical Agent, which surfaces prior care histories and identifies optimal care pathways by analyzing data from hundreds of thousands of providers.
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Survey Readiness Agent, which flags compliance risks, tracks documentation gaps, and helps facilities prepare for regulatory inspections.
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Documentation Agent, which standardizes forms, attaches supporting evidence, and maintains a clean, traceable record from admission to discharge.
Each AI agent is built with privacy safeguards, audit trails, and role-based access controls, ensuring compliance while easing the paperwork burden for staff. The overarching goal, the company said, is to use data-driven automation to match patients with the right care more quickly and effectively.
Looking ahead, ExaCare will host its inaugural ExaCare AI Summit on April 25, 2026, in Scottsdale, Arizona, where leaders in skilled nursing and home care will explore the future of AI-driven healthcare. The event will include live demonstrations and customer case studies showcasing how AI is reshaping post-acute operations.
