StageSeries B | Alive
Last Raised$140M | 1 yr ago
CareBridge is a provider of technology and services that assist health plans and states in caring for individuals receiving long-term support services. CareBridge’s services include electronic visit verification (EVV), data aggregation, 24/7 member support, and benefits management. The company was formerly known as Main Street Health Medical Group. It was founded in 2019 and is based in Nashville, Tennessee.
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CareBridge's Products & Differentiators
24/7 Member Support
CareBridge serves patients with physical, intellectual or development disabilities who are receiving HCBS from Medicaid. CareBridge offers 24/7 access to clinical support by leveraging the trusted relationship between a patient, their family, and their caregivers. CareBridge provides each patient & their caregivers with a tablet (or mobile app) to access video visits 24/7 from CareBridge’s interdisciplinary clinical team that can assist patients with issues ranging from acute exacerbations to SDOH. Our tablet and app also have a “Red Button” that patients, their caregivers, or family members can push any time to be connected directly to our clinical team 24/7. By engaging the patient and their caregivers and empowering them with clinical resources, we have found that we can help patients stay safe and independent at home.
Expert Collections containing CareBridge
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
CareBridge is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Value-Based Care & Population Health
The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.
Companies partnering with healthcare stakeholders to improve operational efficiency across payment, supply chain, data mgmt, and more.
Health Plans & Benefits Management
Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Latest CareBridge News
May 3, 2023
News provided by Share this article Share this article NASHVILLE, Tenn., May 3, 2023 /PRNewswire/ -- CareBridge, the nation's leading Medicaid value-based care company, announced senior executive Patti Killingsworth has been named to the Medicaid and CHIP Payment and Access Commission (MACPAC). MACPAC makes recommendations to the U.S. Congress, the Secretary of the U.S. Department of Health and Human Services (HHS), and states on a wide array of issues affecting Medicaid and the State Children's Health Insurance Program. "MACPAC is a critical driver of Medicaid policy across the country," said Brad Smith, Executive Chairman of CareBridge and former Deputy Administrator of the Centers for Medicare and Medicaid Services (CMS) and Director of the Center for Medicare and Medicaid Innovation (CMMI). "We are thrilled Patti is going to be able to bring her decades of experience to help inform national Medicaid policy." MACPAC is a non-partisan legislative branch agency composed of 17 commissioners appointed by the U.S. Comptroller General. MACPAC is responsible for helping inform national Medicaid policy by providing data analysis and policy recommendations on a regular basis to Congress, HHS, CMS, and state Medicaid agencies. "Patti is arguably the nation's leading expert on long-term support services (LTSS) and home and community-based services (HCBS)," said Mike Tudeen, CEO of CareBridge. "Patti's passion and commitment to improving the lives and independence of individuals with physical, intellectual, and developmental disabilities is inspiring." Patti has 25 years of Medicaid LTSS and HCBS experience, including serving for over 15 years as the Chief of LTSS for TennCare (Tennessee's Medicaid agency) prior to joining CareBridge. She is a lifelong family caregiver and has served on national LTSS and HCBS quality committees for the National Quality Forum, National Committee on Quality Assurance, Advancing States, and National Academy for State Health Policy. She has overseen the implementation of some of the nation's most forward thinking LTSS and HCBS programs. "It is such an honor to be selected to serve on MACPAC," said Killingsworth. "There is so much opportunity to advance Medicaid policy and programs and to transform its payment and delivery systems to better serve those who rely on its benefits – especially those who need HCBS. Together, we can drive outcomes that really matter to people and improve their experience, while increasing cost-efficiency and Medicaid program sustainability for generations to come." About CareBridge CareBridge is a value-based healthcare company that assists health plans and states in caring for individuals receiving home and community-based services. CareBridge's solutions include 24/7 clinical support, decision support, data aggregation, and electronic visit verification. CareBridge's solutions have been shown to increase independence, improve clinical quality, and reduce emergency room visits, hospitalizations and total costs all while receiving a Net Promoter Score of 84 from patients and families. For more information on CareBridge, please visit www.carebridgehealth.com . SOURCE CareBridge
CareBridge Frequently Asked Questions (FAQ)
When was CareBridge founded?
CareBridge was founded in 2019.
Where is CareBridge's headquarters?
CareBridge's headquarters is located at 926 Main Street, Nashville.
What is CareBridge's latest funding round?
CareBridge's latest funding round is Series B.
How much did CareBridge raise?
CareBridge raised a total of $180M.
Who are the investors of CareBridge?
Investors of CareBridge include Oak HC/FT Partners, Google Ventures, Nat Turner, Clay Richards, McArthur VanOsdale and 3 more.
Who are CareBridge's competitors?
Competitors of CareBridge include Vesta and 1 more.
What products does CareBridge offer?
CareBridge's products include 24/7 Member Support and 1 more.
Who are CareBridge's customers?
Customers of CareBridge include UnitedHealthcare, Elevance Health and Centene.
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