Fundraising Fox

CarePort Health

AcquiredTechstars '12

Boston, US · Founded 2012 · Delaware corporation · 82 employees on LinkedIn · 5 known investors

CarePort provides care coordination workflow tools and services for hospital associations and Health Information Exchanges (HIEs) to help their member organizations address patient safety, readmission reduction, and patient engagement. The company operates a nationwide care coordination network serving healthcare providers across the risk continuum.

Also known as CarePort · CarePort Health · CarePort, powered by WellSky

Founders & leadership

CarePort Health was founded in 2012 by Lissy Hu.

LH
Lissy HuFounder
JH
Jessica Hohman
JH
Jonathan Helm
KY
Kira Yugay
VG
Vivek Garipalli

Board

SA
Steve AndersonBoard director

Investors · 5

Reported raises · per SEC filings

Form D private placements

$3.8M disclosed across 1 round · 2015

$3.8MraisedMay 2015 · 30 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Lissy HuExecutive Officer, Director
  • Steve AndersonDirector
Offering amount
$3.9M
Amount sold
$3.8M
First sale
May 2015
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

CarePort Health is a Boston-based, web-based software company whose products coordinate patient care across the acute and post-acute continuum. Its core function is to streamline the discharge process: instead of nurses faxing and phoning multiple facilities to check availability and services, CarePort generates lists of post-acute facilities filtered by criteria such as care type, insurance and location, and rates facilities on quality so clinicians and patients can compare options. The software integrates with electronic health record systems and, as of 2020, processed roughly 30 percent of U.S. patient transitions out of hospitals.

The platform is marketed as an EHR-agnostic suite covering care coordination, discharge planning, emergency department optimization, transitional care management, post-acute care (PAC) network management, value-based programs, utilization management and quality improvement. Named products include CarePort Guide (patient decision support at discharge), Connect (patient tracking across the continuum), Insight (real-time outcomes reporting), Care Management, Transition (EHR-embedded post-acute referrals), Referral Management, Discharge and Intake. Use cases span identifying patients needing care coordination during the inpatient stay, building referral packets for post-acute handoffs, preventing rehospitalizations and unnecessary ED admissions, contacting patients within 48 hours of discharge for transitional care management billing, and facilitating payer-provider communication.

Following its 2020 acquisition, the business is presented as "CarePort, powered by WellSky," and support and corporate contact are handled through WellSky in Overland Park, Kansas.

Founding story

Lissy Hu, an alumna of Harvard Medical School and Harvard Business School pursuing a joint degree, won Harvard Business School's annual student business-plan competition with the idea for a technology company to help patients transition from hospitals to facilities such as nursing homes and rehabilitation centers. She has said she was influenced by consumer platforms like Hotels.com, TripAdvisor and Yelp that consolidated fragmented markets, and saw an opportunity to apply the same transparency to post-acute care selection. That idea became CarePort Health, founded in 2012.

Business model

CarePort sells subscription-based software to healthcare organizations. Network effects are central: hospitals subscribe when there are post-acute providers to receive referrals, and providers participate when hospitals are sending them referrals, which historically made market entry harder where CarePort's network was thin. The company was described as profitable in 2020, with management targeting double-digit revenue growth under WellSky ownership.

Subscription fees from hospitals, health systems, post-acute providers, physician groups, ACOs and payers using the CarePort platform.

Traction

Company materials cite about 2,000 hospitals, roughly 130,000 in-network post-acute providers, 14 million lives covered, 13 million annual discharges and 41-54 million annual referrals across 43 states. In 2020 the company expected to handle 18 million referrals and was described as profitable, with early customers Baystate Health and Cleveland Clinic still using the software eight years after launch.

Latest developments

The business now operates as CarePort, powered by WellSky, with support routed through WellSky. Parent-company activity reported in 2026 includes AI-oriented products such as WellSky Scribe and the WILA voice assistant, a Point of Care app for home health clinicians, partnerships with Odyssey Behavioral Healthcare and Unison Health Services, and MedTech Breakthrough Award recognition for WellSky Scribe for Home Health.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

CarePort is positioned as operating the largest connected acute and post-acute network in the U.S., processing about 30 percent of hospital discharges to post-acute settings as of 2020 and serving thousands of providers. Its sale price of $1.35 billion represented more than 13 times trailing-12-month revenue, and it accounted for approximately 6% of Allscripts' consolidated revenues before divestiture.

Differentiation rests on network scale across acute and post-acute settings, EHR-agnostic integration that works with multiple electronic health record vendors, quality ratings for post-acute facilities that make provider selection comparable to consumer review platforms, and delivery of information inside existing clinical workflows rather than as a standalone system.

Technology

The product is web-based software with EHR-agnostic integrations that plug clinical information directly into existing hospital workflows. It integrates with electronic health record systems to build referral packets, augment longitudinal patient records, support EMR-based care protocols, and apply patient- and population-level analytics for clinical decision support and outcomes reporting.

Go-to-market

Direct enterprise sales supported by demo requests, webinars, blog content and event participation, plus channel partnerships with hospital associations and their shared-services subsidiaries — for example the partnership with Georgia Hospital Health Services to distribute care coordination solutions to hospitals across Georgia. WellSky's national provider network was expected to ease entry into regions where CarePort's own network was smaller.

Hospitals and health systems, ACOs and physician groups, payers and health plans, and post-acute providers such as nursing homes, rehabilitation centers and home health organizations.

Geography

Headquartered in Boston, with operations across 43 U.S. states; parent company WellSky is based in Overland Park, Kansas. Employees are reported across North America, Asia and Europe.

History

CarePort debuted in 2012 with about five employees and two hospitals in pilot programs: Baystate Health in Springfield, Massachusetts, and the Cleveland Clinic in Ohio; both remained customers eight years later. Allscripts acquired the company in 2016, when it had about a dozen employees, roughly $3 million in funding and deals with about two dozen U.S. hospitals, and combined it with a similar internal tool. CarePort operated relatively independently within Allscripts because it served a broader customer base and worked with competing EHR vendors; under Allscripts it grew to about 200 employees and more than 1,000 hospitals. In October 2020 Allscripts sold CarePort to WellSky for $1.35 billion.

Risks & controversies

The network-dependent model creates a chicken-and-egg dynamic in markets where CarePort has fewer connected providers, making hospital adoption harder. Reported headcount figures diverge sharply between the roughly 200 employees cited in 2020 and the approximately 89 estimated for the CarePort unit in mid-2026.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual dischargesJan 202613,000,000 discharges
Annual referralsJan 202654,000,000 referrals
Annual referrals (hospitals and health systems)Jan 202641,000,000 referrals
EmployeesJul 202689 employees
Employees at launchJan 20125 employees
Estimated annual revenueJul 2026$50M - $100M
Hospitals using the platformJan 20262,000 hospitals
In-network post-acute providersJan 2026130,000 providers
Lives coveredJan 202614,000,000 lives
Referrals handled (expected, full year)Jan 202018,000,000 referrals
Share of U.S. patient transitions out of hospitals processedOct 202030%
U.S. states servedJan 202643 states

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 5

by search overlap
WellSky197 shared keywordsWellSky provides a connected healthcare technology platform with AI built in, offering software and services that span the full continuum of care — from home and post-acute to hospitals, physicians, community organizations, state programs, and payers. Its Intelligent Health Record and AI agents help provider organizations reduce documentation, streamline workflows, and turn data into decisions.
Pointclickcare94 shared keywordsPointClickCare provides a cloud-based healthcare software platform with AI-driven tools for care coordination, point-of-care documentation, medication management, and predictive analytics. It serves providers, payers, health plans, hospitals, and ACOs across the long-term and post-acute care and value-based care landscape.
Aha67 shared keywordsContent references the American Hospital Association's national advisory work on cybersecurity and risk for the U.S. healthcare field, including analysis of cyberattacks targeting hospitals and health systems.
Wellcare61 shared keywordsWellcare offers Medicare Advantage health insurance plans, including enrollment support and a member portal where members can view plan details, access a digital ID card, and search for in-network doctors and pharmacies.
Definitive Healthcare53 shared keywordsDefinitive Healthcare provides a healthcare commercial intelligence platform with all-payor claims data, reference data, and analytics on hospitals, physicians, payors, procedures, diagnoses, and prescriptions. It serves life sciences companies, healthcare providers, and healthcare-adjacent businesses for market analysis, targeting, and sales and marketing efforts, with an AI-powered intelligence product announced for Winter 2026.

Companies competing with CarePort Health for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 3

launches, deals, and filings
Oct 2020
WellSky acquires CarePort Health from Allscripts for $1.35 billion

Allscripts announced the sale of its CarePort Health care coordination business to WellSky, a health technology company owned by private equity firms TPG Capital and Leonard Green & Partners. Allscripts said the $1.35 billion price represented more than 13 times CarePort's trailing-12-month revenue; CarePort represented approximately 6% of Allscripts' consolidated revenues. The transaction was expected to close before the end of 2020, subject to regulatory clearances.

$1.4B source ↗

Jan 2020
Partnership with Georgia Hospital Health Services

CarePort Health announced a partnership with Georgia Hospital Health Services (GHHS), the shared services subsidiary of the Georgia Hospital Association, to offer hospitals across the state a suite of solutions for educating, guiding and monitoring patients moving across the care continuum.

source ↗

Jan 2016
Allscripts acquires CarePort Health

Health technology company Allscripts acquired CarePort Health in 2016, when the company had roughly a dozen employees, about $3 million in funding and deals with about two dozen U.S. hospitals. The price was not disclosed. Under Allscripts, CarePort grew to about 200 employees and more than 1,000 hospitals using its software.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
CarePort HealthDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does CarePort Health do?
CarePort, now part of WellSky, provides EHR-agnostic care coordination software linking hospitals, post-acute providers and payers.
Who founded CarePort Health?
CarePort Health was founded by Lissy Hu in 2012.
Who are CarePort Health's investors?
CarePort Health's investors include 500 Global, Excelerate Health Ventures, Generator Ventures, LaunchCapital, Techstars.
How much funding has CarePort Health raised?
CarePort Health has disclosed $3.8M raised across 1 round.
Where is CarePort Health headquartered?
CarePort Health is headquartered in Boston, US.