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CareCentrix

20 Church Street, 12th Floor, Hartford, CT, 06103, United States

Overview

CareCentrix is the nation’s recognized leader in home health benefit management solutions, focused on effectively coordinating high-quality, compassionate care in the lowest cost, most appropriate setting. Headquartered in Hartford, Connecticut, the company provides a full range of services including coordination of home nursing, home infusion, respiratory services, wound care and home medical equipment, its Homestar program which reduces hospital readmissions, and Sleep Management Solutions, a wholly owned company which offers sleep benefit management services to patients and health plans. CareCentrix serves more than 23 million people through its national network of 8,000 credentialed home healthcare providers, with customer care centers located across the United States.

Total investments
3
Lead investments
0
Investments · 12mo
0
Active investors
2

Sector focus

  • Health Care
  • Home Health Care
  • Wellness
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Investment portfolio

  • Vesta Healthcare

    Participated · Series C · Sep 2024

    Vesta Healthcare operates a virtual care platform that connects patients, family, caregivers, home care agencies, providers, and insurance plans to improve care in the home. Its technology and services span from home-based primary care to passive monitoring and caregiver-enabled clinical workflows. Vesta positions caregivers as an integrated part of the clinical care team to improve outcomes for people with home care needs. The company says it is one of the fastest-growing specialized providers and now serves more than 50,000 people. Vesta recently closed a financing round (Series C) and secured additional debt financing to propel growth. The funding is intended to support continued expansion of its technology and services in the home-care setting. Vesta Healthcare operates a 24/7 clinical provider group and digital health platform centered on its "Homecareist" model, which coordinates in‑home care between patients, paid and unpaid caregivers, and the broader care team. The company delivers telehealth, virtual chronic care management, and remote health monitoring to high‑need, frail senior populations through partnerships with home care agencies, health plans, and providers. Vesta reports that 88% of urgent alerts can be managed and resolved in the home and that its program has driven over a 30% reduction in emergency room visits and hospital admissions. Founded in 2018 and headquartered in New York, Vesta now has a presence in five states and nearly nationwide coverage through its affiliated medical group. The company plans to expand into new geographies, launch new program offerings, broaden partnerships with home care agencies, and take on population health programs and financial risk contracts. The new financing will also fund expansion of Sales, Marketing, Operations, and Technology teams to scale its technology‑enabled caregiver engagement and in‑home clinical programs. Vesta Healthcare (fka HT Health) provides technology and clinical services to support caregivers and link caregiver insights to the rest of the care team. The company proactively identifies needs for additional resources in the home and offers 24/7 telehealth support for caregivers and care recipients, with a focus on high-need, frail senior populations. Vesta partners with home care agencies, health plans and providers to build value-based population health programs emphasizing clinical quality, improved outcomes and personalized engagement. The company is led by CEO Randy Klein and is based in New York City. Vesta closed a $30M Series A to fund growth and plans to use the capital to expand product development, engineering, sales and marketing and to reach new markets.

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