The path to home-based care is different for all professionals in the space. Inna Plumb, the co-founder and COO of the New York-based MedArrive, took an interesting one as well. Now, her company is one of the most successful startups in the home-based care space. MedArrive, which both coordinates and delivers care in the home, […]
Magellan Healthcare and the senior care startup DUOS are taking their partnership to the next level. This week, Magellan announced the launch of its new Senior Assistance program, powered by DUOS. The new service will allow Magellan members to get connected with personal assistants — or “Duos” — who focus on members’ social needs to […]
The Minneapolis-based health system Allina Health is launching a new company named Inbound Health. The startup will enable health systems and health plans to establish hospital-at-home and skilled nursing-at-home programs around the country. Inbound Health has been around since May 2020 under the Allina Health umbrella in the Minneapolis area. Now, thanks to financial support […]
Tim Peck – a serial entrepreneur in the senior services space – has a new venture. What’s specifically of note about this one: It’s being launched within the massive long-term care insurance company Genworth (NYSE: GNW). The new, unnamed startup is a wholly owned Genworth business that will operate within a “global care solutions” business. […]
Upside — formerly known as UpsideHōM — once made waves for disrupting the aging-in-place sector. Now that the startup has cemented its spot in the aging services space, the company is focused on supplementing its offerings with the launch of Upside+. Upside’s business model involves partnering with existing apartment complexes and leasing individual units — […]
The in-home companionship company Papa went from a scrappy startup to a nationally recognized brand partnering with some of the largest payers in the country in a very short period of time. But no startup’s journey is completely smooth, as just about any entrepreneur will tell you. And in July, the company was forced to […]
Amid a slowdown in funding for startups, the senior tech company Naborforce has secured $9 million in a Series A. The company “connects older adults to a network of trusted ‘Nabors’ for on-demand support and social engagement.” Its financing round was led by Translink Capital. Existing investors Claritas Capital, The Artemis Fund and TechStars also […]
Just four months after raising $300 million – and reaching unicorn status in the process – Biofourmis has secured another $20 million in funding. In total, the company has amassed a $320 million Series D. Intel Capital, the strategic investment arm of chipmaker Intel Corporation, joined the round. In addition to Intel Capital’s involvement, this […]
Startups in home-based care have exited a “growth at all costs” phase and entered into a new one filled with financial strain and layoffs. But Homeward – a home-based care provider focused on rural America – hasn’t felt that transition. It has always had a more conservative approach to long-term growth, and now, it has […]
Two exploding areas of health care are behavioral health and home-based care services. Increasingly, the two are also colliding. The most recent example comes from the at-home care provider and coordinator MedArrive. The startup has partnered with Brave Health, a virtual-first behavioral health provider specifically focused on the Medicaid population. “We were already running a […]
