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CareBridge logo — Nation's leading value-based care solution for patients rece...

CareBridge

Nation's leading value-based care solution for patients receiving home and community-based services

Founded 2019 United States Nashville, United States 370 employees Series C Total: $182.40M Health Care

General Information

Company Name CareBridge
Founded Year 2019
Location United States Nashville, United States
Founders / Decision Makers
Team member Team member Team member Team member
Employees 370
Industries Health Care
Funding Stage Series C
Social

BounceWatch is an independent company data service, not affiliated with CareBridge. To contact CareBridge, visit carebridgehealth.com.

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About CareBridge

CareBridge is a leading value-based care provider specializing in home and community-based services (HCBS). Partnering with managed Medicaid and Medicare plans, CareBridge aims to enhance the health, independence, and quality of life for its members. The company's solutions, including 24/7 Member Support, Decision Support, Electronic Visit Verification (EVV), and Data Aggregation, are designed to improve health outcomes and optimize independence for individuals receiving HCBS. The 24/7 Member Support program offers access to a multidisciplinary medical team, including physicians, psychiatrists, pharmacists, nurses, and social workers, through a cellular-enabled tablet. This virtual-first approach ensures round-the-clock assistance for members and caregivers, ultimately improving health outcomes for those under HCBS. Meanwhile, Decision Support provides actionable recommendations for personalized care plans based on insights from CareBridge's extensive HCBS database, ultimately aiming to enhance independence and safety for its members. CareBridge's solutions have demonstrated positive outcomes, including increased independence, enhanced clinical quality, and reduced emergency room visits and hospitalizations, leading to overall cost reductions. Notably, the company has received a high Net Promoter Score of 84 from patients and families, reflecting the efficacy and satisfaction with its services. Founded in 2019 and based in the United States, CareBridge recently secured a $140.00M Series C investment on 08 June 2022 from notable investors including Oak HC/FT, CVS Health, Optum Ventures, and HLM Venture Partners. This substantial investment underscores the confidence and support from prominent entities in the healthcare and venture capital sectors towards CareBridge's innovative approach to value-based care within the HCBS industry.

Business keywords: Value-based care, Home and community-based services, Managed Medicaid, Medicare plans, Health outcomes, Clinical support, Data aggregation, Electronic Visit Verification, 24/7 Member Support, Decision Support, LTSS Specialists, Virtual care, Patient independence, Medicaid services

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $140.00M 4
Oak HC/FT CVS Health Optum Ventures
Oak HC/FT, CVS Health +2
08 Jun 2022
Venture Round Undisclosed 1
Russell Street Ventures
30 Mar 2022
Series B $36.80M 5
GV Oak HC/FT Optum Ventures
GV, Oak HC/FT +3
01 Dec 2019
Series A $5.60M -
01 Jun 2019

CareBridge Alternatives & Competitors

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CareBridge vs
Independent Living Systems, LLC
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CareBridge vs
Outreach Health Services
Outreach Health Services United States

Since 1975, Outreach Health has been a trusted leader in providing home and community-based care.

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FAQ About CareBridge

Nation's leading value-based care solution for patients receiving home and community-based services
CareBridge was founded in 2019.
CareBridge is headquartered in Nashville, United States.
CareBridge operates in Health Care. Its work centres on Value-based care, Home and community-based services, Managed Medicaid and Medicare plans.
CareBridge has approximately 370 employees.
CareBridge has completed 4 funding rounds, raising a total of $182.40M. The latest funding stage is Series C.
Top alternatives and competitors to CareBridge include Independent Living Systems, LLC, Elektra Health, Outreach Health Services, Financial Recovery Group (FRG), Pluto Health. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CareBridge and Independent Living Systems, LLC are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CareBridge, https://bouncewatch.com/company/carebridge, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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