Hospice News September 12, 2023
Holly Vossel

Medicare Advantage organization SCAN Group has invested an undisclosed dollar amount in tech-enabled hospice startup Guaranteed.

The move comes nearly a year after California-based Guaranteed launched in August 2022, when founder and CEO Jessica McGlory began her own provider company two years after her father passed away.

SCAN Group, parent company of SCAN Health Plan, is the latest investor in the hospice company. Guaranteed gained traction last year after the company secured a $6.5 million infusion of capital in a seed round led by the investment firm BrandProject. Precursor Ventures, Springbank Ventures, Lakehouse Ventures and Cake Ventures also participated in the round.

The decision to join forces with SCAN Group marks a strategic step forward in Guaranteed’s goals of expanding...

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Topics: Insurance, Investments, Medicare Advantage, Post-Acute Care, Provider, Trends
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