Summarize this content material to 1000 phrases Accompany Well being, a hybrid care supplier for low-income sufferers with advanced wants, introduced its launch with $56 million in Sequence A funding from Venrock, ARCH Enterprise Companions, IVP, Evidenced and Granite Capital Administration.
WHAT IT DOES
The Bethesda-based firm provides low-income sufferers 24/7 in-home and digital care companies, together with main care and pressing care, psychological well being companies, and social care.
It supplies rides to medical appointments, helps people apply for advantages and authorities applications like Medicaid and SNAP, and assists with acquiring wholesome meals.
The corporate additionally helps with well being teaching, superior care planning and care coordination, akin to help with long-term care assist companies and grownup daycare applications.
“We all know that low-income sufferers with advanced wants have essentially the most severe gaps in care and drive an enormous share of healthcare prices, however innovators haven’t targeted sufficient on them,” Dr. Bob Kocher, a founder and board member of Accompany Well being and associate at Venrock, mentioned in an announcement.
“Accompany Well being has assembled a world-class crew with a deep dedication to serving these most in want and with the expertise with know-how and care supply to get it executed.”
Different hybrid care suppliers have garnered large investments to scale their choices.
Earlier this month, Harbor Well being, a Texas-based main care clinic group that gives digital and in-person care, introduced it scored $95.5 million in funding, led by Common Catalyst, with participation from Alta Companions and 8VC.
Final 12 months, Carbon Well being secured $100 million in Sequence D funding from CVS Well being Ventures. Carbon provides digital and in-person pressing and first care, digital psychological healthcare and diabetes care, in-person COVID-19 testing, and work-related healthcare for office accidents.
The corporate introduced it secured the Sequence D funding simply days after revealing it laid off greater than 200 workers.
Accompany Well being launches with $56M to look after low-income sufferers
Updated:2 Mins Read