Inbound Health Raises $30M in Series B Funding

Inbound Health

Inbound Health, a Minneapolis, MN-based company that enables health systems to offer acute and post-acute care in the home, closed a $30m Series B funding round.

The round was led by HealthQuest Capital with participation from existing investors Flare Capital Partners and McKesson Ventures.

The company intends to use the fundd for expansion into new markets and the advancement of key growth initiatives, including further development of its clinical programs, the evolution of its proprietary technology and advanced analytics platform, and the continued build out of customized operating assets focused on supply chain, labor, and logistics.

Led by Dave Kerwar, CEO, Inbound Health provides a full stack of capabilities that enable health systems and health plans to offer hospital and skilled nursing facility-level care in the home. Its proprietary platform includes all of the capabilities required to deliver home-based advanced care at scale, including clinical, technology, managed care, supply chain, and labor services. The programs are demonstrating key clinical, operational and financial benefits for its health system partners, reducing length-of-stay, decreasing readmission rates, and lowering avoidable complication rates (e.g., infection, delirium), all of which lead to a reduction in total cost of care.

The company has treated over 6,500 patients across 350+ DRGs and counting.

FinSMEs

21/09/2023