AI-Powered Home Health Provider Adaptive Innovations Lands $50M Series A

Adaptive Innovations, an AI-native home health care provider, has emerged from stealth mode with $60 million in the bank, including a $50 million Series A announced on Tuesday.  The Series A round was led by Felicis, with significant participation from Bain Capital Ventures, Optum Ventures, Sunflower Capital, Conviction, BoxGroup, Dorm Room Fund and Constellation, as […]

Spiras Health Raises $6 Million From New Investors To Drive Growth

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 […]

The Pediatric Home Health Company That Trains, Employs Family Members

Many families with disabled or ill children provide extensive caregiving while managing full- or part-time employment. Many have been forced to quit or cut their hours because they can’t access essential services. Home health provider and training platform Abby Care’s home health care model enables family members to get paid to care for their loved […]

Home-Based Care Staffing Startup Float Health Raises $10 Million

Float Health, a nurse staffing and pharmacy referral startup, has landed $10 million in a Series A led by Canvas Ventures. As part of its business model, San Francisco-based Float helps patients receive care in their homes by contracting with registered nurses and scheduling shifts. The company was founded in 2021, and operates in California […]

Devoted Health Raises $175M, Plans To Expand Home-Based Care Offerings

Devoted Health, a next-generation Medicare Advantage plan and tech-enabled startup, made a financial splash to end 2023 – announcing $175 million in new funding. The Massachusetts-based Devoted Health is an all-in-one health care company that delivers virtual-first care and insurance to primarily Medicare Advantage patients. It’s one of the many payers that has prioritized home-based […]

Amedisys Finds New Hospice President From Within; Elevance Health Announces Next CFO

Geoff Abraskin promoted to hospice president at Amedisys Geoff Abraskin has been named the new president of the hospice division at Amedisys (Nasdaq: AMED).  He has been with the company for nearly 15 years. “Geoffrey Abraskin has been promoted to President of the Hospice Division!” Amedisys wrote in a LinkedIn post last week. “Geoff is […]

Behind Spiras Health’s Strategy To Uncover, Address Care Gaps In The Home

Spiras Health – an emerging home-based care startup – has recently hired two former UnitedHealth Group (NYSE: UNH) executives to join its C-suite team. The hires coincide with a pivotal time in the company’s journey. Based in Brentwood, Tennessee, Spiras Health provides nurse practitioner-led, at-home clinical care to patients with complex and chronic needs. Not […]

How A Wound Care Startup Plans To Fill Care Gaps For Home Health Providers

Home health agencies have long delivered wound care as part of their services. But their workers are not always equipped with proper training or certifications to meet patients’ wound care needs. The Wound Company — a startup based in Minneapolis — hopes to bridge that gap by partnering with home health and hospice providers across […]