CareBridge

CareBridge

Offers a patented EVV solution for personal care services, home health services, and health plan care managers. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€909m (Public information from Jun 2022)
Nashville Tennessee (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20212022
Revenues29.0m46.2m
% growth-59 %
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DateInvestorsAmountRound
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N/A

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N/A

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$5.6m

Series A

$40.0m

Early VC
*

$140m

Valuation: $1.0b

Late VC
Total Funding€169m

Recent News about CareBridge

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More about CareBridgeinfo icon
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CareBridge Health is dedicated to improving the quality of care for individuals receiving long-term support services (LTSS). The company focuses on helping members maintain their independence while ensuring they receive the necessary support to stay safe, secure, and healthy around the clock. CareBridge serves a diverse client base, including health plans, states, and caregivers, by providing a comprehensive suite of tools, technologies, and services. These offerings include electronic visit verification (EVV), data aggregation, 24/7 member support, and benefit management, all designed to ensure the highest quality of care at the lowest possible cost.

Operating in the healthcare market, CareBridge's business model revolves around integrating its solutions with existing workflows and care management structures. This seamless integration adds value to health plans and care providers, enabling them to deliver exceptional care to patients in their homes. The company generates revenue through contracts with health plans and state agencies, offering industry-leading solutions that comply with the 21st Century Cures Act.

CareBridge's innovative approach includes deploying tablets to high-risk members' homes, creating a lifeline between patients, their families, caregivers, and care teams. This technology-driven strategy ensures continuous support and communication, enhancing the overall care experience.

Keywords: LTSS, EVV, data aggregation, 24/7 support, benefit management, home care, health plans, cloud platform, caregiver integration, patient independence.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.