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 […]

5 In-Home Care Startups To Watch In 2023

Whether its food, fashion or transportation, startups are known for playing the role of disruptor in whatever sector they’re operating in.  While disruption can lead to innovation and efficiency, it’s also important for startups operating in senior care and home-based care to have a sound business model, healthy funding, strong backers, a clear value-add, advantageous […]

Lyft Finding Its Lane In Home-Based Care

Although the popular ride-sharing app Lyft Inc. (Nasdaq: LYFT) was formed in 2012, Buck Poropatich considers 2016 a turning point for the company. That’s when company leaders decided to take a look at health care. “That’s when Lyft started to realize health care is not a $4 trillion monolith,” Poropatich, head of Lyft Health Care, […]

Tomorrow Health Closing Down Medical Supply Business To Further Focus On Enabling Home-Based Care

The home-based care startup Tomorrow Health is reworking its business model. The company announced Thursday that it is closing down its medical supply business to further focus on enabling home-based care through technology and other solutions that benefit its provider and health plan partners. Still, it will work with other home medical equipment (HME) supplier […]

At-Home Care Startup MedArrive Announces $8M Funding Round

The at-home care startup MedArrive has raised $8 million more in funding, the company announced Tuesday. That brings its funding total to over $40 million since it officially launched in late 2020. The new funding was led by Cobalt Ventures, which is a subsidiary of Blue Cross and Blue Shield of Kansas City. In late […]