In September, on-demand health care startup Ready announced it had raised $54 million in Series C funding. The announcement coincided with the four-year-old company’s rapid and ambitious expansion in the middle of the COVID-19 crisis. The New Orleans-based company now has a new goal in mind: vaccine deployment. Ready plans on distributing thousands of flu […]
Category: Innovation
A number of major Medicare Advantage (MA) carriers are expanding their supplemental benefit offerings shaped around in-home care next year. UnitedHealthcare, the insurance arm of UnitedHealth Group (NYSE: UNH), is among them. Overall, UnitedHealthcare partners with more than 1.3 million physicians and care professionals across the U.S., plus another 6,500 or so hospitals and other […]
Between mid-March and mid-August, more than 12.1 million Medicare beneficiaries received some sort of telemedicine service for their health and wellness. The numbers don’t lie: The COVID-19 emergency has officially ushered in a new age of telehealth in the U.S. But while in-home care providers and other organizations have embraced telehealth to deliver virtual visits […]
As COVID-19 numbers rise heading into winter, U.S. policymakers and senior care advocates continue to explore new, innovative models that support aging in place. One such model is CAPABLE, an interdisciplinary program out of the Johns Hopkins School of Nursing that combines nursing care, occupational therapy and handyman services. While CAPABLE, which stands for “Community […]
The brainchild of Comcast NBCUniversal and Independence Health Group — Quil — has set its sights on solidifying its place in the home. The company recently unveiled plans to launch Quil Assure, a sensor-based technology platform that aims to keep seniors and their informal caregivers connected. Quil Assure, which is slated to launch in 2021, […]
Homethrive, a tech-enabled provider of non-medical care management and personal assistance services, has raised $18 million in a Series a funding round. The funding round was led by venture capital firm 7wireVentures and investment firm Pitango HealthTech. Homethrive has earmarked the new funds to be used in a number of areas, Dave Jacobs, co-founder and […]
Over half of the U.S.’s largest nonprofit senior living organizations now offer some sort of home- and community-based services. That’s according to the LZ 200, an annual report conducted by the aging-focused advocacy organization LeadingAge and Ziegler Healthcare Investment Banking. Chicago-based Ziegler is a privately held investment bank specializing in home health care and senior […]
Honor — the technology-enabled home care startup that partners with independent agencies through the Honor Care Network — is gearing up for a major expansion. Those expansion plans are built around a substantial infusion of new capital, too. The San Francisco-based Honor announced Tuesday it has raised $140 million in Series D funding, led by […]
CareLinx is teaming up with virtual primary care provider Doctor On Demand to give high-risk seniors access to services in their homes. Burlingame, California-based CareLinx is a tech-enabled home care platform that connects seniors and their families to its nationwide network of 400,000 caregivers. The company was acquired by Generali Global Assistance in 2017. Under […]
U.S. Department of Health and Human Services (HHS) Secretary Alex Azar believes that COVID-19 has led to a health care revolution, one that will include a larger focus on care in the home. Specifically, Azar thinks the increase in telehealth usage and a stronger focus on social determinants of health will be major influences in […]