What is Select Data?
Founded in 1989 and headquartered in Anaheim, California, Select Data has established itself as a cornerstone of the healthcare outsourcing and technology landscape. The company specializes in the SmartCare platform, a sophisticated ecosystem designed to address the unique complexities of post-acute care environments. By deploying artificial intelligence to streamline clinical documentation improvement, OASIS accuracy, and referral coding, Select Data empowers healthcare agencies to optimize operational efficiency. Their market position is defined by a long-standing commitment to data integrity and the delivery of high-quality outcomes, ensuring that providers can navigate the increasingly rigorous regulatory requirements of the modern healthcare industry with precision and confidence.
How much funding has Select Data raised?
Select Data has raised a total of $2.1M across 2 funding rounds:
Debt
$1M
Debt
$1.1M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.1M led by PPP
Key Investors in Select Data
PPP
Public-Private Partnership
What's next for Select Data?
With this latest round of financing, Select Data is well-positioned to accelerate its product roadmap and expand the capabilities of its AI-driven SmartCare platform. The strategic allocation of these funds will likely focus on deepening the integration of machine learning models to further automate clinical documentation, thereby reducing administrative burdens for post-acute care providers. As the healthcare sector continues to prioritize digital transformation and data-backed decision-making, Select Data is poised to capture additional market share. The company's focus remains on scaling its infrastructure to support a growing client base while maintaining the high standards of accuracy and compliance that have become synonymous with its brand. Future initiatives will likely involve enhancing interoperability across disparate health systems, ensuring that Select Data remains at the forefront of the post-acute care technology revolution.
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