Home Health Care News August 24, 2021
The SCAN Group, most recognizable thanks to its Medicare Advantage (MA) SCAN Health Plan, has made a strategic investment in the home-focused company MedArrive.
MedArrive is a health care logistics and services platform that enables payers and providers to leverage EMTs, paramedics and other health care workers to bring more care into the home. The Long Beach, California-based SCAN Group’s MA plan serves more than 220,000 members.
SCAN declined to disclose financial specifics of the investment, but Binoy Bhansali, VP of corporate development, told Home Health Care News that it’ll likely be “just the start” of its relations with MedArrive.
“If [MedArrive] continues to progress, and we see a lot of good value in the company, we expect to continue...