Basalt Health, Inc.

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Basalt Health, Inc. - overview

Established

2024

Location

New York, NY, US

Primary Industry

Healthcare IT

About

Based in the US, Basalt Health, Inc. , operates as a healthcare software company that provides referral review and admissions decision support software for post-acute care providers. Based in New York, the US and founded in 2024, Basalt Health, Inc. is a healthcare software company.


In September 2026, Basalt Health, Inc. The company will use the funding to expand its platform into discharge and payer workflows and grow its sales, implementation, engineering, and marketing teams. Basalt Health specializes in optimizing post-acute admissions through its proprietary AI-driven platform, which processes referral packets to expedite admission decision-making. The platform analyzes incoming documentation in real-time, checks it against admission criteria, and flags findings with color-coded indicators.


This technology enhances the intake process while ensuring compliance with medical necessity for reimbursements, targeting hospitals and healthcare facilities, particularly in the behavioral health sector. The revenue model for Basalt Health revolves around partnerships with healthcare facilities that utilize its AI platform for managing post-acute admissions. Transactions may include subscription-based service agreements for software access and ongoing support, as well as consulting services for optimizing platform integration within healthcare workflows. The platform aids facilities in assembling and documenting medical necessity evidence to support claims efficiently, ensuring thorough processing of payment opportunities.


The company plans to expand its platform into discharge and payer workflows and grow its sales, implementation, engineering, and marketing teams.


Current Investors

New Enterprise Associates, Frist Cressey Ventures, 25Madison Ventures

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Medical Software

Website

www.basalt.health

Verticals

Artificial Intelligence, HealthTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

Basalt Health, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Series ACompletedBasalt Health, Inc.-
SeedCompletedBasalt Health, Inc.-

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