In-home care provider Synergy Healthcare launched Monday. The company provides personal care, primary care, prescription drugs and remote monitoring to seniors in their homes.
Synergy is the latest venture for Will Saunders, who has years of experience in health care. In 2014 he founded AllyAlign Health, a health care provider for residents of senior living communities.
Last year, he sold the company to private equity firm New Enterprise Associates for an undisclosed sum.
Synergy’s pitch is that a good baseline level of care helps elderly people with multiple health conditions stay at their healthiest, and that the company is well positioned to provide that care in a home setting with a range of medical professionals on staff, its own pharmacy and in-home technology.
Saunders said that the annual medical costs for the people Synergy caters to is about $20,000 to $60,000.
The high cost associated with the company’s target customers has allowed it to build out a large team to facilitate its care. Read more.