Basalt Health lands $20M Series A for post-acute care software

What's the deal? Basalt HealthDealroom has a profile for this one. Try Dealroom →, a provider of post-acute care software, has raised a $20 million Series A round led by NEA, chief executive officer Ben Hackett told Axios Pro exclusively.

What's the endgame? The company builds software for post-acute care, the segment of healthcare that supports patients after a hospital stay. Its tools target the administrative workflows that keep those services running.

The signal: Investor and strategic interest is building around post-acute administrative workflows, and NEA's backing points to momentum in a corner of health tech that has drawn fresh attention.

Image credit: basalt.health