Medically Home Receives $110M Strategic Investment

Medically Home announced a $110 million round of funding from strategic investors including Baxter International, Global Medical Response and Cardinal Health who will each have representation on the company’s board. Cardinal Health, Mayo Clinic and Kaiser Permanente are providing additional capital on top of their previous investments.

The company’s model is expected to increase demand for a next-generation clinical workforce that combines centralized care oversight (guided by physicians and nurses in medical command centers) with field clinicians (nurses, paramedics, and technicians), who work seamlessly as a team. This work force is supported by Medically Home’s national partners that bring all the needed clinical and supportive services, medication, medical equipment, technology and other capabilities that create a safe and effective site of advanced medical care. Read more.

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