Carelinx launches home-care service for Medicare Advantage plans
CMS's expansion of the health related supplemental benefits that can be covered by Medicare Advantage has opened up a lucrative new market for home care companies like CareLinx.
CMS's expansion of the health related supplemental benefits that can be covered by Medicare Advantage has opened up a lucrative new market for home care companies like CareLinx.
When San Francisco-based startup Honor was launched in 2015, the need for innovation in the home care industry was clear – and it has only grown starker since. The country’s demographic data shows the issue. By 2035, there will be 78 million people 65 and older in the country and by 2050 it’s estimated that […]
The news that Hometeam customers on Medicaid Managed Long Term Care in New York City can get reimbursed for using the mobile caregiving service could be good news for other companies in this digital health subsector.
The strategic investment could help Hometeam increase its geographic base beyond New York, New Jersey and Pennsylvania.
Lux Capital, IA Ventures, and Recruit Strategic Partners, which took part in a Series A round for the company last year, also participated.
Hometeam likens its software to a matchmaking service "that intelligently matches families with experienced caregivers, connects families to their loved ones through mobile technology..."
Closing cancer health equity gaps require medical breakthroughs made possible by new funding approaches.