Cityblock has announced a definitive agreement to acquire Homeward Health, a rural-focused healthcare company with virtual and in-home services. The company simultaneously announced that it closed a $116 million Series E funding round. Cityblock acquired Homeward Health in an all-stock deal, according to a Thursday blog post signed by Toyin Ajayi, the company’s CEO and […]
Flourish Health, a youth mental health provider that offers in-home visits, raised $26 million in a Series A funding round. B Capital, F-Prime and Cherryrock Capital led the round, which brings the company’s total funding to $46 million. The company serves young people with serious, complex needs, offering care including home visits from workers called […]
Home-based care coordination platform Hera has raised $27 million in a Series A funding round led by Bain Capital Ventures, with participation from Accel and IA Ventures and angels including the chief financial officer of Mount Sinai. The company’s care coordinators – called Heroes – manage the non-clinical but often complicated work of caring for […]
AI-powered home health technology company Enzo Health has raised $20 million in a Series A funding round. The round, announced Monday, was led by N47 with participation from existing investors Gradient, Tandem Ventures and Rigby Watts. The cash infusion brings the company’s total funding to $26 million. The funds will be used to expand the […]
MedArrive buys assets from Inbound Health after company’s close In-home care delivery technology company MedArrive has acquired assets from now-closed hospital-at-home enablement company Inbound Health. Alongside the news of the acquisition, the company announced that Ophir Lotan, a veteran of health-tech companies, would step in as its CEO. “Healthcare is rapidly moving toward home care […]
Editor’s note: This piece has been updated to clarify that, if the deal is signed, the Elara Caring/DaVita care model would not include in-home dialysis. After publishing, I received more information about the model from DaVita, specifically that DaVita would serve in an advisory capacity to Elara Caring as the provider develops a care program […]
Elara Caring, a home health, personal care, hospice and behavioral health provider, has received a strategic investment from Ares’ Private Equity Group (NYSE: ARES) and DaVita (NYSE: DVA), a kidney care provider. The investment will be used to grow and expand care access through new care models and clinical programs, according to the company. Additionally, […]
Interim HealthCare acquires South Carolina franchise Interim HealthCare has acquired its second-largest franchise to bring the operation under corporate management. The deal went into effect on Jan. 1. The franchise, called Interim HealthCare of the Upstate, cares for over 3,000 patients daily and is staffed with approximately 800 employees, the company told Home Health Care […]
Spiras Health — a startup focused on delivering home-based care for patients living with complex chronic conditions — has four new strategic investors. The new cohort of investors consists of Alumni Ventures, Brighton Street Partners, Prime Time Ventures and Tamarind Hill. Together, these organizations have injected about $6 million into Spiras Health’s business, the company […]
AI-powered home health coding and quality review platform Olli Health has clinched $10 million in Series A funding, the company told Home Health Care News exclusively. Industry Ventures led the round, with participation from Cannage Capital, Equitage Ventures, Tau Ventures and Arkitekt Ventures. Olli previously raised $2.9 million in a seed funding round, bringing the […]
