Medically Home

Overview
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Hospital-at-Home?
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Go-to-Market
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Home Care Management Platforms
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Medically Home, founded in 2016, is a provider of virtual hospital services that aims to deliver high-acuity care to patients in their homes. The company's proprietary platform, Cesia, enables the orchestration of in-home care, connecting patients with caregivers and supporting remote monitoring of acutely ill patients. Medically Home's model involves a Medical Command Center staffed by physicians and nurses who virtually oversee patient care 24/7, coordinating with in-home clinical providers and specialists to deliver hospital-level treatment.

The company's approach allows for the treatment of a wide range of conditions, from general medical cases to more complex situations such as oncology care, post-bone marrow transplant, post-surgical, and post-solid organ transplant recipient patients. Medically Home claims its model can provide more care with superior outcomes at a lower cost compared to traditional hospital settings. The company reports that by December 2022, it had treated more than 7,000 patients using its platform and ecosystem.

Medically Home's business model involves partnering with hospitals and health systems to implement its virtual hospital program. The company benefits from the Centers for Medicare and Medicaid Services (CMS) waiver program, which allows for reimbursement of hospital-at-home services at parity with inpatient care, including facilities fees. This arrangement has made the model financially attractive to healthcare providers, despite lower costs for in-home care compared to traditional hospital settings.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
133 Brookline Ave. Boston MA USA
Founded year:
2016
Employees:
101-250
IPO status:
Private
Total funding:
USD 274.5 mn
Last Funding:
USD 110.0 mn (Series Unknown; Jan 2022)
Last valuation:
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