Medically Home’s core product is a platform and ecosystem that unlocks patients’ homes as safe alternative sites for delivering hospital-level and lower-acuity care. The model combines centralized clinical oversight in medical command centers with field clinicians (nurses, paramedics, technicians) and relies on national partners for medications, equipment, technology, and supportive services. Medically Home has treated over 7,000 patients to date and reports rapidly expanding utilization across health systems. The company says the model increases health system capacity and resiliency while meeting patient preferences for home-based care. Recent strategic investment activity is intended to strengthen logistics and clinical capacity to scale the model nationwide and to grow a next‑generation clinical workforce. Medically Home partners with hospitals to provide hospital-level care in patients’ homes. The company helps hospitals parse logistics for in-home services such as X-rays, diagnostic lab testing, and infusion services while clinicians manage patients virtually. Mayo Clinic and Kaiser Permanente are investing $100 million in the startup. Both health systems have been partnering with Medically Home to roll out hospital-at-home services over the last year. The investment aligns with growing reimbursement flexibilities and CMS programs that have encouraged providers to adopt hospital-at-home models. The company and the model face challenges related to variable patient home environments, including space and internet connectivity affecting digital care delivery. Medically Home Group provides a virtual hospital that transforms patients' homes into temporary hospital units, enabling advanced medical care at bedside. Its offering allows healthcare providers to deliver a clinically-validated program intended to improve patient experience while reducing costs. The company's solutions include clinical intellectual property, a technology platform, a Mission Control Telemedicine Command Center and acute rapid response clinical services. Medically Home's platform is designed to allow medical providers to safely shift advanced medical care from hospitals to patients' homes. Led by CEO Richard Rakowski and based in Boston, MA, the company raised financing to support growth. The company intends to use the funds to scale its growth efforts.

Total raised

$220M

Funding rounds

3

Latest round

Equity

Latest activity

Jan 2022