HCAP Partners has invested in Puzzle Healthcare to enhance its post-acute care coordination services aimed at reducing hospital readmissions and improving patient outcomes.

Target Information

Puzzle Healthcare is a Detroit-based post-acute care coordination platform founded in 2022. The company is dedicated to enhancing patient outcomes during transitions from hospital discharge through recovery by delivering physiatry and care management services within skilled nursing facilities (SNFs). By facilitating partnerships with SNFs, primary care providers, and patient families, Puzzle Healthcare ensures continuity of care during critical recovery phases, thereby reducing hospital readmissions and associated healthcare costs.

Currently, Puzzle Healthcare operates across 230 SNFs in 15 states, significantly impacting patient care. In Michigan alone, it serves between 18,000 to 24,000 patients annually, supporting around 68,000 patient encounters. The organization's innovative care model emphasizes disease-specific care managers, who are crucial in coordinating care during patients' stays at SNFs and for 90 days following discharge.

Industry Overview

The post-acute care industry is experiencing substantial growth, driven by various factors, including aging demographics and increasing patient acuity. The sector's annual Medicare expenditure exceeds $60 billion, creating an environment ripe for innovative solutions that address the need for effe