One Year Out from $16M Venture-Capital Deal, Senior Care Company Lifesprk Keeps Growing
Apr 23, 2021
As published in Minneapolis/St. Paul Business Journal, in-home senior care provider Lifesprk has leveraged a round of venture capital and the Covid-19 pandemic into big growth.
St. Louis Park-based Lifesprk had the 17th-largest venture capital raise for a Twin Cities company in 2020, pulling in $16.1 million last March in a round led by California-based Virgo Investment Group. Minnetonka-based Cherry Tree & Associates served as an adviser on the deal. The capital was used to invest in an electronic records system; boost hiring; and expand offerings to include Lifesprk GO!, a transportation service for seniors.
HIPAA Reform Should Protect Patients, Scale Back Silos Around Medical Data
March 24, 2023Meaghan Puglisi
In an opinion piece featured in Healthcare Dive, Joel Theisen, Lifespark CEO, argues for an update of HIPAA that acknowledges an advanced technology landscape and scales back healthcare data silos. This conversation is getting a lot of buzz in Washington as congress looks to pass a bill which calls for a commission to review existing state […]
Data Equals Dollars: Senior Living Providers Blaze New Trails to Capture Care Revenue
March 17, 2023Meaghan Puglisi
Senior Housing News, interviewed Molly Toulouse, VP, Senior Living for a feature story on maximizing care revenue. Austin Montgomery, reporter, wanted insight into how senior living operators are shifting their strategy to capture new revenue opportunities based on care. Lifespark is noted as an example of how companies are getting creative in finding new ways […]
That’s what Lifespark CEO Joel Theisen and LeadingAge President & CEO Katie Smith Sloan answered in a Q&A in Modern Healthcare. The healthcare industry is facing a wide variety of challenges—and solutions aren’t always straightforward shared the reporter, David May. The number of people age 65 and older in the U.S. is projected to rise […]