CareBridge, a Nashville, TN-based provider of a value-based care solution for patients receiving home and community-based services (HCBS), raised $140M in funding.
The round was led by Oak HC/FT.
The company intends to use the funds for continued geographic expansion, building a large database for home and community-based services, and expansion of services to patients with Intellectual and Developmental Disabilities (IDD).
Led by Mike Tudeen, Chief Executive Officer, CareBridge is a value-based healthcare company that assists health plans and states in caring for individuals receiving home and community-based services. Its solutions, which include 24/7 clinical support, decision support, data aggregation, and electronic visit verification, have been shown to reduce emergency room visits, hospitalizations and total costs. The company’s clinical team includes physicians, nurse practitioners, social workers, behavioral health specialists, and pharmacists.
FinSMEs
09/06/2022