Medically Home Raises $10 Million in Series B Funding to Expand Integrated Home-Based Care Platform

VCBeat (WeChat Official Account: vcbeat) has learned that on May 28, U.S. local time, healthcare services company Medically Home announced that Cardinal Health had joined its Series B financing round. Currently, Medically Home’s Series B funding has reached $10 million. The company intends to use these funds to expand its market scale.

Medically Home is a healthcare technology and services company dedicated to improving patient care. Founded in 2016 and headquartered in Boston, Massachusetts, USA, Medically Home leverages mobile medical devices and telehealth kits to deliver hospital-level care in the home, thereby enhancing patient experience and reducing healthcare costs.

Medically Home has built an integrated home-based care service mechanism, providing patients with products and services such as clinical intellectual property, a technology platform, a telehealth command center, and urgent clinical services.

Richard Rakowski, Co-Founder and CEO of Medically Home, stated, “Care for a single patient may involve dozens of organizations, all of which must coordinate closely to ensure that precise services are delivered at the right time. Our technology platform orchestrates this complex coordination, enabling our clinical staff to devote more time to patients and provide personalized care for each individual.”

Medically Home customizes care plans based on each patient’s individual condition and coordinates internal medical staff or relevant partner organizations to implement these plans. The company equips patients and their families with all necessary tools, such as sensors, to collect and analyze health data. Physicians at Medically Home monitor patients’ health data daily and maintain regular communication with them. This home-based care model is particularly suitable for patients requiring chronic disease management, post-operative care, and rehabilitation services.

Currently, Medically Home only provides services in certain areas of Massachusetts, New Jersey, and Indiana. The company is gradually adding new cities to expand its service coverage.

Cardinal Health is a global, integrated healthcare services and products company headquartered in Dublin, Ohio, USA. The company is dedicated to enhancing the cost-effectiveness of healthcare by providing customized solutions to hospitals, health systems, pharmacies, ambulatory surgery centers, clinical laboratories, and physician offices worldwide.

(Compiled by Wang Yi)