AI layer that reads post-acute care referrals and checks them against clinical and payer criteria
Basalt Health, founded in 2024 by CEO Ben Hackett (a former Accolade executive), sells an AI layer for post-acute care admissions. It reads each incoming referral packet, whether by fax, portal or direct EMR integration, checks it against a facility's clinical and payer criteria, and supports admissions, benefits-check and prior-authorization workflows. Live at Lifepoint Health, it cut median chart processing time from 8.5 to 1.2 minutes and is scaling to 49 more Lifepoint markets and 62 ScionHealth hospitals by the end of 2026. On 2026-09-24 it announced a $20M Series A led by return investor NEA with Frist Cressey Ventures and 25m Health, bringing total capital to about $24.5M. The funds go toward expanding into discharge and payer workflows.
Healthcare📍 Nashville, TNFounded 2024
Current Valuation
Private
PRIVATE
IPO Outlookprivate
Is Basalt Health going public?
No. Basalt Health is private and has not filed to go public. There is no S-1 on file.
What is Basalt Health's valuation in 2026?
No confirmed valuation is on record for Basalt Health. The roster shows funding and investors where they are public; it does not estimate a mark.
Has Basalt Health filed an S-1?
No public S-1 is on file for Basalt Health.
Who are Basalt Health's investors?
Basalt Health's investors include NEA, Frist Cressey Ventures, 25m Health (25madison).
How much has Basalt Health raised?
Basalt Health has raised $24.5M in total across 2 disclosed rounds, most recently a Series A of $20M in Sep 2026.
Is Basalt Health publicly traded — can you buy Basalt Health stock?
No. Basalt Health is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Basalt Health on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Ben Hackett
Founded
2024
HQ
Nashville, TN
Total Raised
$24.5M
Growth
Live at Lifepoint Health (median chart processing cut 86%, 8.5 to 1.2 minutes); scaling to 111 markets (62 ScionHealth, 49 Lifepoint) by end of 2026
Last Round
Series A — $20M (Sep 2026) · Lead: NEA
IPO Status
private
Fundraising Status
Series A · $20M · 2 mo ago
privateTotal raised $24.5M2 disclosed rounds
Growth & Valuation
Capital raised per round
Charts built from publicly disclosed funding rounds and revenue estimates. Approximate, not real-time, not investment advice.
Funding History
Round
Amount
Date
Lead Investor
Post-Money
Series A
$20M
Sep 2026
NEA
—
Seed
$4.5M
Jan 2025
NEA
—
Vertical Intelligence — AI / ML
No verified Hugging Face organization found for Basalt Health — no attributable open-model footprint. Closed-weights labs are common; this is a distribution signal, not a capability judgment.
Checked huggingface.co as of 2026-11-04. Re-checked weekly.
Talent Signal
Hiring trend
▲ Hiring uptrend
+4100% vs 2026-09
Open roles
126
via greenhouse
Product-build share
49%
engineering, research, product, design
Trajectory
expanding
product-led hiring — 49% of open roles build product; the rest are go-to-market and G&A.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by function
■ product-building ■ go-to-market / G&A
Behavioral Health Inpatient Nurse - Day ShiftBehavioral Health Program & Clinical Education CoordinatorCath Lab TechnologistCath Lab Technologist- PRNCertified Hand Therapist- PRNCertified Hand Therapist- PRN
Counted from Basalt Health's live job board as of 2026-10-27; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Ben Hackett
Investors
NEA · Frist Cressey Ventures · 25m Health (25madison)
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of recent date. Refreshed quarterly.