DispatchHealth is a provider of in‑home medical care that enables patients and their care partners to request services via phone, mobile app, or website. A medical team can arrive within two hours and is equipped to perform high‑acuity medical care in the home. The company operates in the hospital‑at‑home care space. Financially, DispatchHealth recently raised $330M to support its operations and growth. The raise included participation from both existing and new strategic investors, reflecting broad payer and investor interest in home‑based acute care. DispatchHealth delivers on-demand acute medical care and an advanced level of home-based care through mobile medical teams equipped to treat common to complex injuries and illnesses. Its platform offers acute care seven days a week, evenings and holidays, and can be requested via app, online or phone. Advanced Care provides a hospital-at-home substitute with an internal-medicine-trained physician, a physician assistant or nurse practitioner, 24/7 physician coverage with remote monitoring, an emergency call button and daily bedside nursing visits. The company works with payers, providers, health systems, EMS and employer groups to reduce unnecessary ER visits, hospital stays and readmissions. Launched in 2013 and led by CEO Dr. Mark Prather, DispatchHealth plans to expand its in-home platform to a total of 100 markets and scale its Advanced Care service across the United States. Its most recent financing raised the company’s valuation to $1.7 billion. DispatchHealth provides on-demand acute care and advanced medical care for patients of all ages via emergency medicine and internal medicine-trained medical teams. Teams are equipped with the tools needed to treat common to complex injuries and illnesses and typically arrive within two hours after a request via phone, mobile app or website. Examples of care include IV fluids for dehydration, laceration repair, and higher-level interventions for asthma, COPD or congestive heart failure exacerbations. The company works closely with payers, providers and health systems to deliver care in the home and reduce unnecessary emergency room visits, hospital stays and readmissions. Acute care medical teams are available seven days a week, including evenings and holidays, and DispatchHealth is partnered with most major insurance companies. The company says it will use the funds to expand operations and its business reach. DispatchHealth is a Denver-based on-demand health care delivery company that provides in-home care through board-certified medical teams. Led by Dr. Mark Prather, these teams are equipped to treat common to complex injuries and illnesses for patients of all ages and are available during days, evenings, weekends and holidays. Patients request visits via the company's app, online or by phone, and after treatment DispatchHealth sends notes to patients' primary care physicians, senior living communities when applicable, and the patient. The company collects data from hundreds of patients seen each day nationwide to identify care trends and social determinants of health. DispatchHealth works with payers, providers and health systems and is partnered with most major insurance companies. After closing a $33M growth financing, the company plans to expand to additional U.S. locations, broaden treatment capabilities for patients with high medical needs and accelerate investment in its mobile application and logistics platform. DispatchHealth provides on-demand, on-site healthcare services delivered in the home, senior care facility, or office. Founded in 2013 by Dr. Mark Prather and Kevin Riddleberger, the company operates in Denver, Boulder, Colorado Springs and Phoenix. Patients request care via a mobile app, the DispatchHealth website, or by phone and are connected to emergency-trained providers supported by the company's technology infrastructure. Providers are prepared to handle everything from minor illness and injury to more complex clinical cases. The company secured $30.8m in funding and intends to use the capital to scale its technology-enabled healthcare delivery platform. Additional service areas were slated to be announced in the fourth quarter of 2017.

Total raised

$733M

Funding rounds

6

Latest round

Equity

Latest activity

Nov 2022