Tag: CareBridge
In brief: Sverica Capital, Humana, WellSky, CareBridge
June 17, 2022HME News Staff
BOSTON – Sverica Capital Management, a private equity investment firm, has made a strategic investment in SG Homecare, a Tustin, Calif.-based provider of DMEPOS to patients throughout the state.
SG specializes in using capitated contracts, serving a wide range of payers and risk-bearing provider groups, acting as a value-added partner to these organizations as they seek to provide high-quality care for their home-based populations.
“After an exhaustive search for the...
CareBridge attracts financing
June 14, 2022HME News Staff
NASHVILLE, Tenn. – CareBridge, a value-based care solution for patients receiving home and community-based services, has closed a $140 million financing round, valuing the company at more than $1 billion.
Over the past 12 months, the company, whose intervention has been shown to reduce emergency room visits, hospitalizations and total costs, has grown more than 17x, expanding from serving about 1,100 full-risk patients in June 2021 to about 19,000 today.
“CareBridge...