Home Health Care News July 8, 2024
The in-home care company HarmonyCares – formerly known as U.S. Medical Management – has raised $200 million. The funding round was led by General Catalyst, McKesson Ventures and a “large national payer.”
K2 HealthVentures and other existing investors – such as Rubicon Founders, Valtruis, HLM Capital and Oak HC/FT – also participated in the round.
HarmonyCares will use the money to expand to additional geographies and develop new technology to “drive clinical outcomes and patient satisfaction at scale.” The Troy, Michigan-based company is already in 15 states and cares for over 70,000 patients under Medicare Advantage (MA) plans and Medicare Accountable Care Organization (ACO) programs.
It provides in-home primary care, as well as home health care, hospice care, palliative care,...
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