CareConnectMD (CCMD) delivers comprehensive primary care, palliative care, geriatric behavioral services and 24/7 on-call support to high‑needs Medicare patients in their homes and in skilled nursing and long‑term care facilities. The company contracts with managed care and insurance plans and partners with other primary care physician groups to enable participation in value‑based care through its high‑needs Direct Contracting Entity (DCE). CCMD is one of only eight high‑needs DCEs selected by CMS to participate in the first performance of the Global and Professional Direct Contracting Model (rebranded ACO REACH). The company also offers telemedicine and emphasizes care coordination to improve outcomes and reduce costs for medically complex patients. Financially, CCMD announced the close of a $25 million financing led by TT Capital Partners to fund growth and platform enhancements. Management plans to use the proceeds to deepen presence in California, Ohio and Texas, expand into other U.S. markets, and enhance its technology platform to scale and streamline care delivery.

Total raised

$25M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2022