The Medically Home
Financials
Estimates*
USD | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | 3.3m | 10.3m | 16.6m |
% growth | - | 212 % | 61 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $14.0m | Early VC | |
$9.8m | Series A | ||
| $10.0m | Series B | |
N/A | $40.0m | Series B | |
$100m | Late VC | ||
* | $110m | Late VC | |
Total Funding | $284m |
Related Content
Recent News about The Medically Home
EditMedically Home is a healthcare startup that focuses on providing comprehensive medical care for patients with serious or complex illnesses in their own homes. This innovative approach, known as decentralized care, aims to overcome the challenges faced by traditional healthcare providers in transitioning from lower-acuity to higher-acuity home-based care.
The company operates in the healthcare market, serving patients who require advanced medical care. Its business model revolves around the Medically Home Chassis, a system that provides all the necessary elements to deliver advanced medical care in decentralized settings. This system is available 24/7 and is designed to be scalable, making it a viable solution for healthcare providers looking to expand their services.
Medically Home generates revenue by providing this comprehensive care delivery system to healthcare providers and securing the necessary reimbursement to support the care provided. The company's approach incorporates key aspects of revenue cycle management, making it a simple and scalable solution for both providers and payors.
The company's decentralized approach has proven to deliver superior outcomes compared to traditional hospital-centric approaches. By bringing more care to the patient, when and where they need it, Medically Home has demonstrated improved quality, patient/provider satisfaction, and economic metrics.
In contrast to the typical model of care delivery where 65% of the care dollar is devoted to fixed bricks and mortar costs, Medically Home's model of care delivery involves an efficient use of resources, allowing a larger portion of the care dollar to be devoted to patient care.
Keywords: Decentralized Care, Home-Based Healthcare, Advanced Medical Care, Healthcare Providers, Revenue Cycle Management, Patient Satisfaction, Economic Metrics, Superior Outcomes, Efficient Resource Use, Comprehensive Care Delivery System.