CareBridge is a value-based healthcare company that assists health plans and states in caring for individuals receiving home and community-based services.
CareBridge's EVV solution empower states, health plans, & caregivers to deliver exceptional care to patients in the home.
CareBridge was founded in 2019. The company is headquartered in Nashville, Tennessee.
CareBridge exclusively serves Medicaid and dual eligible patients who have a physical or intellectual disability and are receiving home and community-based services.
CareBridge's suite of solutions includes 24/7 clinical support, decision support, data aggregation and electronic visit verification. By taking risk for the total cost and quality of care for a patient, CareBridge is able to ensure individuals receive the right level of services at home to help prevent unnecessary hospitalizations and ER visits.
CareBridge's intervention has been shown to reduce emergency room visits, hospitalizations and total costs while receiving a NPS score of 84 from patients and families. The company serves approximately 19,000 full risk patients today.
CareBridge is backed by Oak HC/FT, CVS Health Ventures, Optum Ventures, Anthem, GV, HLM Venture Partners, and others. The company raised $140M in a new round on Jun 08, 2022. This brings CareBridge's total funding to $180M to date. The latest round valued the company at more than $1B post-money.