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.
Medicare Advantage Must Booth Health – And Fiscal Responsibility
May 3, 2023Meaghan Puglisi
With all the noise lately on President Biden’s campaign to overhaul Medicare Advantage, Joel Theisen, Lifespark CEO, put pen to paper sharing his opinion on the subject. His thoughts were picked up by MedCity News. In the article Joel said, “Done properly, Medicare Advantage should produce lower costs to taxpayers and better outcomes for patients. […]
How Acuity, Labor Shortages, Regulation Are Transforming Nursing Home Clinical Teams
April 28, 2023Meaghan Puglisi
In article in Skilled Nursing News, reporter Amy Stulick, writes about how those in the industry continue to adapt amid a historic workforce shortage and higher acuity patients, nursing staff are having to adapt in new ways. All nursing levels, and even dietary and housekeeping staff, need to work together to ensure a facility is […]
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 […]