MedCity News November 29, 2022
The funding round was led by Optum Ventures. Other investors include Adams Street Partners, Blue Shield of California and Humana. DispatchHealth will use the money to expand its capabilities in current markets, its CEO said.
About $4 trillion is spent annually on the healthcare industry in the U.S., and will likely top $6 trillion by 2028. A large chunk of this money is for care in traditional brick and mortar facilities, said DispatchHealth CEO Dr. Mark Prather.
That’s why the company offers a different model, he said in an interview. Denver, Colorado-based DispatchHealth works with payers, providers, health systems, employers and others to deliver in-home, high acuity care, which reduces emergency room visits, hospital stays and readmissions. After announcing last...