HarmonyCares Revolutionizes In-Home Primary Care

July 12, 2024, 9:45 pm
HarmonyCares
HarmonyCares
CareHealthTechMedtechService
Total raised: $200M
HarmonyCares, a pioneer in value-based in-home care, secures $200M to bridge the primary care access gap for vulnerable patients nationwide. With a focus on personalized, physician-led care, HarmonyCares aims to transform healthcare delivery for those in need.

HarmonyCares, a trailblazer in in-home primary care, recently announced a game-changing $200M funding round to expand access to their integrated care model for vulnerable patients across the United States. Led by General Catalyst, McKesson Ventures, and a major national payer, this investment underscores the critical need to address the primary care access gap that plagues many Americans.

A recent survey revealed a troubling statistic: 33% of Medicare Advantage patients and 32% of traditional Medicare patients struggle to access primary care. This lack of access often leads to poorer health outcomes, increased hospitalizations, and soaring healthcare costs. HarmonyCares aims to change this narrative by providing comprehensive, personalized care to those who need it most.

With a 30-year track record of excellence, HarmonyCares has established itself as a leader in in-home care for older adults with complex health needs. Through value-based partnerships with Medicare Advantage plans and Medicare ACO programs, HarmonyCares currently serves over 70,000 patients in 15 states.

Key to HarmonyCares' success is their physician-led model, which prioritizes building strong relationships with patients. By gaining a deep understanding of each patient's social and clinical needs, HarmonyCares ensures better care coordination and improved outcomes. In addition to physicians, HarmonyCares offers a comprehensive care team that includes nurse care managers, social workers, pharmacists, and 24/7 on-call support, providing holistic care to patients.

HarmonyCares' evidence-based approach allows providers to dedicate more time to each patient, creating personalized care plans tailored to individual needs. With the new funding, HarmonyCares plans to expand their services to additional regions, further closing the primary care access gap for vulnerable populations. Additionally, they will invest in developing new technologies to enhance clinical outcomes and patient satisfaction on a larger scale.

Matthew Chance, CEO of HarmonyCares, emphasized the urgency of expanding access to longitudinal care, especially for patients facing barriers to healthcare. He stated, "This latest investment enables us to double-down on our commitment to expand access to value-based care for patients with complex clinical and social needs."

HarmonyCares' dedication to in-home care and value-based models positions them as a frontrunner in transforming healthcare delivery for vulnerable patients nationwide. With a focus on personalized, physician-led care, HarmonyCares is revolutionizing the way healthcare is delivered to those who need it most.