Mobile-integrated care management platform company MedArrive today announced $8 million in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City. The investment follows MedArrive’s $25 million series A round in November 2021 and brings the company’s total funding to $40.5 million to date.
MedArrive supports both adult and pediatric populations, providing a white-labeled care management solution that powers care into the home – often for the hardest-to-reach, disengaged and most-vulnerable populations. It connects providers and payers with MedArrive’s field provider network of highly trained and skilled paramedics, EMTs and other healthcare professionals. These field providers visit the homes of patients or members on behalf of their provider or health plan, providing a mix of in-home healthcare services, diagnostics, health assessments, post-acute care and other preventive health measures – while also addressing social care needs like transportation, mobility or nutrition assistance. Read more.
