Medicare Platform Secures $50 Million Credit Line for AI Care Tools

Nestpoint Group said in a press release that it facilitated a $50 million revolving credit line for Medicare Platform, an AI first manager of Accountable Care Organizations and Medicare Advantage risk bearing organizations.

Medicare Platform plans to use the credit line to add ACO partners, invest in its AI infrastructure and data assets, and expand support for physicians and provider groups in value based care programs.

The company uses AI analytics and data tools to help provider groups identify high risk patients, coordinate care, and reduce unnecessary use within CMS value based care programs.

Medicare Platform said the funds will also support model development and payments to physician organizations that participate in focused care programs.