CareConnectMD Raises $25M in Funding

CareConnectMD, Inc., a Costa Mesa, Calif.-based provider of primary care and care coordination services tailored to meet the needs of complex Medicare participants, closed a $25m financing.

The round was led by TT Capital Partners. Dawn Owens, CEO and Partner of TT Capital Partners, will join CCMD’s board of directors as part of the investment.

The company intends to use the funds to deepen its presence in California, Ohio and Texas and expand into other markets—and to enhance its technology platform to scale and streamline care delivery.

Led by Kim Phan, founder and CEO, CareConnectMD provides personalized and compassionate medical care for fragile and medically complex patients in skilled nursing and long-term care facilities, as well as in the home, including routine visits, supportive care, geriatric behavioral services, and 24/7 on-call providers. The company also offers palliative care services and telemedicine.

FinSMEs

06/07/2022