Healthcare leaders don't need reminding that they face serious nurse shortages. It's a challenge they have faced for years – and it's become a critical concern as record numbers leave their practices due to burnout and exhaustion. The November 2021 Hospital IQ Survey found that a full 90% of nurse respondents were considering resigning to seek new careers. Another disturbing result: 71% of nurses with 15 or more years of experience – an invaluable resource to health systems – said they were on the verge of leaving. The stakes to relieve the stress on nurses have never been higher.

IntelyCare, a Quincy, MA-based tech-enabled nurse staffing platform for healthcare organizations announced it has secured $115M in a Series C financing round led by Janus Henderson Investors with participation from new and existing investors Longitude Capital, Leeds Illuminate, Endeavour Vision, Revelation Partners, and Kaiser Permanente Ventures. That latest round of funding brings IntelyCare's valuation to $1.1 billion. With nurse shortages expected to surpass 1 million this year, technologies like IntelyCare's are essential to protect the health of the nation. The post-acute space is poised to grow tremendously as providers strive to increase hospital throughput to reduce costs and drive better patient outcomes. Post-acute care will be increasingly distributed in the future, most notably in the home setting, which will require technology to efficiently bring together care providers and patients.