Key Highlights
- WellBe Senior Medical’s strategic partnership with CVS Health Ventures aims to expand in-home care nationally.
- WellBe specializes in value-based care, managing complex Medicare Advantage patients with a high-quality, in-home approach.
- The investment reflects a growing focus on innovative senior healthcare solutions, underlining the importance of accessible and proactive medical care for the elderly.
Source: PR Newswire
Notable Quotes
- “WellBe’s innovative approach to in-home medical care aligns with our vision of redefining the way health care is delivered in a multi-payor, patient-centric manner.” – Vijay Patel, Managing Partner at CVS Health Ventures
- “WellBe has proven its ability to significantly improve the quality and health outcomes for the sickest and most frail in our communities.” – Mary Tolan, Founder and Managing Partner at CPF
- “Access to WellBe’s in-home geriatric care should be available to everyone… This collaboration with CVS Health Ventures fuels our mission to share our proven care model with more payors, more communities, and more patients.” – Dr. Jeffrey Kang, Founder and CEO at WellBe Senior Medical
SoH's Take
The investment by CVS Health Ventures into WellBe Senior Medical marks a significant milestone in the evolution of senior healthcare. This partnership not only validates WellBe’s innovative approach to in-home medical care but also highlights the increasing importance of accessible and proactive healthcare for the elderly. With the aging population growing, such models of care are essential for ensuring that seniors receive the best possible medical attention in the comfort of their homes. This move by CVS Health Ventures could potentially set a new standard in senior healthcare, emphasizing the need for patient-centric, value-based care models that prioritize convenience and quality.
