HarmonyCares Secures $200M to Expand In-Home Care Services Nationwide

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Key Highlights

  • $200M funding led by General Catalyst, McKesson Ventures, and other key investors
  • Expansion of services to additional geographies and development of new technology
  • 70,000 patients supported across 15 states with comprehensive in-home care
  • Interdisciplinary care team of over 175 primary care providers
  • Focus on vulnerable patients with complex clinical and social needs

Source: PR Newswire

Notable Quotes

  • “There is an urgent need to expand access to longitudinal care, particularly as many patients across the U.S. are already struggling to get the care they need.”  Matthew Chance, CEO at HarmonyCares
  • “Healthcare today lacks a platform at scale that comprehensively delivers services to our most complex patients in the convenience of their home.”  Chris Bischoff, Managing Director at General Catalyst

SoHC's Take

HarmonyCares’ latest funding round signifies a significant step forward in addressing the healthcare access challenges faced by many vulnerable patients in the United States. With a robust network of primary care providers and a proven value-based care model, HarmonyCares is well-positioned to improve patient outcomes and reduce healthcare costs. The investment will enable the company to expand its reach and enhance its technology, driving better clinical outcomes and patient satisfaction. This move reflects a growing trend towards integrated, patient-centric care models that prioritize the needs of those with complex health conditions, marking a pivotal moment in the evolution of home-based healthcare services.

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