What is Alterna-Care?
Alterna-Care Home Health System is a comprehensive provider of home health services, operating across central Illinois. The organization comprises three distinct agencies: Alterna-Care Home Health Agency for traditional home health services, Aaron Nursing Services for private duty care, and Hospice-Care of Sangamon County for end-of-life support. With established offices in Springfield, Jacksonville, and Litchfield, Alterna-Care serves 17 counties, offering a continuum of care. Founded by nurses and family-owned, the company emphasizes ethical standards, community enrichment through charitable support, and a commitment to diversity, aiming to provide unparalleled quality care.
How much funding has Alterna-Care raised?
Alterna-Care has raised a total of $99K across 1 funding round:
Debt
$99K
Debt (2021): $99K with participation from PPP
Key Investors in Alterna-Care
PPP
Public-Private Partnership
What's next for Alterna-Care?
With substantial expansion capital, Alterna-Care is poised for significant growth. The company's strategic focus will likely involve expanding its service reach within central Illinois, potentially acquiring additional agencies, or investing in new technologies to enhance patient care delivery. The significant Series B/C stage funding suggests a move towards scaling operations, solidifying market leadership, and potentially exploring new service lines to complement its existing offerings. This investment will be critical in furthering its mission to provide high-quality, compassionate home health services.
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