Home Health Care News July 31, 2024
WellBe Senior Medical announced that Excellus BlueCross BlueShield (Excellus BCBS) and Intermountain Ventures have both made strategic investments in the company. This follows an investment made by CVS Health Ventures in January of this year.
“The significance of these investments from two impressive entities further validates WellBe’s commitment to be a payor-agnostic, in-home, full-risk medical group,” WellBe Senior Medical CEO Dr. Jeffrey Kang said in a press release.
Excellus BCBS’ investment follows a partnership announcement in March of this year. As part of that partnership, Rochester-based WellBe will provide care directly to the homes of 30,000 of Excellus...