Elevance Health to acquire CareBridge Elevance Health (NYSE: ELV) is emerging as another “payvider.” It announced last month that it has agreed to acquire the home-based care company CareBridge. The deal is reportedly worth $2.7 billion. CareBridge is a value-based solutions platform for home- and community-based services. After its founding in 2019, the company raised […]
CareBridge
CareBridge – a value-based solutions platform for home- and community-based services – has closed on $140 million in financing. To date, the company has brought in $180 million in funding, including the $40 million it raised prior to its launch in early 2020. The most recent round was led by the venture capital and private […]
Bayada Home Health Care and CareBridge announced Tuesday that the two companies are teaming up to better manage health care costs. A nonprofit, the Moorestown, New Jersey-based Bayada provides a range of in-home care services to older adults, children and individuals living with disabilities across 22 states and more than 345 locations. The large home-based […]
Two home-focused health care startups — one familiar and one new — have raised a boatload of cash to grow their businesses. With guidance from former U.S. Senate Majority Leader Bill Frist and other well-known operators, CareBridge launched Monday by announcing an initial $40 million funding round. On the same day, the business that runs […]
Subscribe
Receive industry updates and breaking news from HHCN