Loopback Analytics, a leading provider of health systems analytics, has recently received a significant investment from PSG, a global private equity firm. The investment will help Loopback Analytics to expand its offerings and further develop its technology platform, which is designed to help healthcare organizations improve patient outcomes and reduce costs.
Loopback Analytics was founded in 2009 with the goal of helping healthcare organizations to better understand and manage their patient populations. The company’s technology platform uses advanced analytics and data visualization tools to help healthcare providers identify high-risk patients, track their progress over time, and make more informed decisions about their care.
With the new investment from PSG, Loopback Analytics will be able to accelerate its growth and expand its reach into new markets. The company plans to use the funds to invest in new product development, expand its sales and marketing efforts, and hire additional staff to support its growing customer base.
“We are thrilled to have PSG as our partner as we continue to grow and expand our business,” said Neil Smiley, CEO of Loopback Analytics. “Their expertise and resources will be invaluable as we work to help healthcare organizations improve patient outcomes and reduce costs.”
The investment from PSG is just the latest in a series of milestones for Loopback Analytics. In 2019, the company was named one of the fastest-growing private companies in the United States by Inc. Magazine, and it has been recognized by several industry publications for its innovative approach to healthcare analytics.
Loopback Analytics’ technology platform has been used by a wide range of healthcare organizations, including hospitals, health systems, accountable care organizations, and insurance companies. The company’s solutions have helped these organizations to improve patient outcomes, reduce hospital readmissions, and lower healthcare costs.
Overall, the investment from PSG is a significant milestone for Loopback Analytics and a testament to the company’s innovative approach to healthcare analytics. With the additional resources and expertise provided by PSG, Loopback Analytics is well-positioned to continue its growth and help healthcare organizations to improve patient outcomes and reduce costs.
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- Source: Plato Data Intelligence.