Papa, the company that provides in-home companionship services for older adults and their families, has reached unicorn status. The Miami-based aging services startup announced a $150 million Series D round on Thursday, bringing its total funding to $240 million since its 2017 founding. Led by founder and CEO Andrew Parker, Papa now has a valuation […]
Newer supplemental benefits like access to in-home support services or a personal care helper have helped Anthem Inc. (NYSE: ANTM) attract and retain Medicare Advantage (MA) members over the past couple of years. Perhaps it’s no surprise then that the Indianapolis-based Anthem and a number of its affiliated health plans are adding on to their […]
The senior companionship company Papa has made another partnership that will accelerate its impact on seniors aging in place across the country. Milliman Inc. — a global consulting and actuarial firm — and Papa are teaming up to provide hands-on help to Milliman’s HealthIO program members. HealthIO is a mobile platform that helps seniors with […]
Social isolation is a significant detriment to health and has become a prime area of focus for most Medicare Advantage (MA) plans. As home care providers increasingly seek out MA opportunities, they’re poised to help mitigate America’s senior loneliness epidemic. Throughout 2020, the COVID-19 emergency has placed a spotlight on the unique ways that seniors […]
Within the past year, in-home companionship startup Papa has set up shop in all 50 states, launched a new virtual health offering and expanded its relationships with payer partners. Papa is in the spotlight once again, with its latest announcement being a $60 million Series C funding round led by Tiger Global Management. The Miami-based […]
Despite continued staffing challenges, home care is on the rise. Several emerging trends will define that ascent in the year ahead. Some of those trends will revolve around home care’s role in new care delivery models designed to treat higher-acuity patients. Others will have to do with shifts in the home care market itself and […]
Last month, the increasingly popular “family-on-demand” startup Papa said its goal was to be available in all 50 states by January 2021. The company has officially checked that new year’s resolution off of its list Founded in 2017, Miami-based Papa is a membership-based platform that mostly connects college students — or “Papa Pals” — and […]
Papa Inc. — the rapidly growing company that originally launched as a “grandkids-on-demand” platform to help curb senior isolation and loneliness — announced Tuesday it is rolling out a new virtual care platform known as “Papa Health.” The news marks the latest development for the Comcast Ventures-backed startup. Currently, Miami-based Papa is a membership-based platform […]
In-home care startups looking to address cracks in the health care system have seen those cracks — as well as their businesses — grow larger during the COVID-19 pandemic. Papa, an on-demand companionship service company, set out to address a loneliness epidemic when it launched in 2018. Today, quarantines and infection fears have created an […]
Holidays will look a lot different this year. In fact, half of seniors over the age of 70 don’t even plan to see family for Thanksgiving, according to a recent survey conducted by Aloe Care Health. With more families staying apart, home-based care providers are gearing up to make seniors feel as comfortable and connected […]
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