The in-home care company HarmonyCares – formerly known as U.S. Medical Management – has raised $200 million. The funding round was led by General Catalyst, McKesson Ventures and a “large national payer.” K2 HealthVentures and other existing investors – such as Rubicon Founders, Valtruis, HLM Capital and Oak HC/FT – also participated in the round. […]
Category: Home-based primary care
Primary care will be an additional area of home-based care focus for BrightSpring Health Services (Nasdaq: BTSG) over the next few years. BrightSpring President and CEO Jon Rousseau discussed it as part of the company’s broader strategy at the Goldman Sachs 45th Annual Global Healthcare Conference Monday. “Our playbook — which has been successful really […]
BrightSpring Health Services (Nasdaq: BTSG) views at-home care as the area that could drive margins back up. In the first quarter, BrightSpring saw some mixed impact on EBITDA margin as a result of the company’s growing specialty oncology business. However, Jon Rousseau, president and CEO of BrightSpring, believes that the company is now in a […]
Clare Medical and Ennoble Care’s New Jersey Housecall Practices have agreed to merge. The combination of the two entities will create one of the largest home-based medical practices in the state. Both entities believe that joining forces will allow the combined organization to improve access to home-based care services, while also expanding services. Ennoble Care […]
Last year, WellBe Senior Medical positioned itself as the “general contractor” for home-based care patients. “We’re like the advocate and navigator … when you’re building a home, you’ve got plumbers, you’ve got electricians, you’ve got masons. You’re not an expert, so you hire a general contractor to figure all that out. We can fill that […]
By breaking down barriers between patients and at-home primary care, the whole continuum wins. Case in point, Patina Health has a specific strategy when it comes to delivering at-home primary care. Targeting and taking care of adults 65 and older is at the core of Patina Health’s mission as they try to take advantage of […]
WellBe Senior Medical has received an investment from CVS Health Ventures, the corporate venture capital arm of CVS Health (NYSE: CVS). The company did not disclose the investment amount. The funds will further fuel WellBe’s national expansion. Currently, the company operates in seven states across the U.S. Most recently, it set up shop in Oregon. […]
Over the years, Walgreens Boots Alliance (Nasdaq: WBA) has increasingly shifted its focus to the company’s U.S. Healthcare services segment. On Thursday, the retail giant made it clear that beefing up this arm of its business, and further solidifying its place in the health care sector, is still a priority. “We are on a path, […]
Wellness isn’t just a health care buzzword. In fact, it’s what’s driving business strategies across the senior care continuum. Providers of all shapes and sizes are looking to achieve wellspan, and executives at organizations like Humana Inc. (NYSE: HUM) and Lifespark are doing so by leveraging data, care coordination and more. For Humana, a major […]
Over the years, Humana Inc. (NYSE: HUM) has been vocal about prioritizing value-based care. On Wednesday, it released its annual “Value-Based Care Report,” which affirms why its been crucial to the company’s Medicare Advantage (MA) beneficiaries. Overall, MA members who are getting care through value-based arrangements received more time with their primary care physician. These […]