Last deal

$25M

Amount

Venture - Series Unknown

Stage

05.07.2022

Date

2

all rounds

$26.5M

Total amount

General

About Company
CareConnectMD is a home health care company specializing in medically complex patients.

Industry

Sector :

Subsector :

Keywords :

Also Known As

GeriNet Medical Associates

founded date

01.01.1996

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

They have developed a care delivery model that enhances patient care, reduces system costs, and improves satisfaction for patients, families, and facilities. Founded in 1996 by Kim Phan as Gerinet Medical Associates, CareConnectMD provides personalized and compassionate medical care for fragile and medically complex patients in skilled nursing facilities, long-term care facilities, and at home. They work with original Medicare providers through their high-needs Direct Contracting Entity (DCE) facilities, ensuring value-based arrangements and coordinated care. With a focus on the frail elderly and medically complex populations, CareConnectMD's integrated care delivery model addresses the gaps in care during transitions from inpatient to post-acute settings. Their expert clinicians specialize in symptom management, advanced care planning, telemedicine, medical crisis prevention, and patient-family communication. As a multi-state ACO serving the Long Term Care population, CareConnectMD operates on a risk-based model.