Medically Home ‘powerfully strengthens’ model
By HME News Staff
Updated 10:47 AM CST, Tue January 11, 2022
BOSTON – Medically Home has announced a new $110 million round of funding from strategic investors, including Baxter International, Global Medical Response and Cardinal Health. Cardinal Health, Mayo Clinic and Kaiser Permanente are providing additional capital on top of their previous investments, demonstrating confidence in the growing expansion of the model nationwide, Medically Home says. "The addition of these strategic national partners powerfully strengthens our logistics capability which our health system providers need to safely and reliably care for patients in their homes,” said CEO Rami Karjian. “The accelerating decentralization of high acuity care from hospitals and other institutional sites to an ever-increasing number of patient's homes enabled by Medically Home validates the importance of an ecosystem of health care partners working together on behalf of patients and the clinicians that care for them across the country." Medically Home says its model allows patients to receive high and lower acuity care across the care continuum in the comfort and convenience of their homes. This capability is designed to increase health system capacity and resiliency, while meeting the needs and wants of patients, who often prefer to be cared for at home or in a homelike setting. The company says more than 7,000 patients have been treated using its platform and ecosystem, as delivered by health systems across the country, and utilization is expanding rapidly.
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