Adds Another Health Care Startup to Investment Portfolio
Summary
This service is a low cost solution that many hospitals and other care providers cannot currently offer patients.Our goal is to be an extension of a practice, said KinergyCare CEO Arthur Spivy. Our unique local focus includes supporting hospitals and Federally Qualified Health Centers in the same area, creating a natural synergy of addressing patient issues early enough that we can reduce emergency room visits significantly. By tapping into these underutilized resources within communities, KinergyCares care coordination solution has the potential to serve a network of 32 million patients nationwide.With the investment from The Launch Place, KinergyCare hopes to continue building their workforce by training more Community Health Workers, expand their network of health care providers and developing a pilot program in the Danville region that offers additional support services, such as additional support services for Medicaid recipients. Every day during our meetings we discover a big impact that a member of our team has made with a patient, including a number of exceptional efforts that probably saved someones life, said Spivy. This is a heartwarming and much needed service.The Launch Place provides new and early stage business support services and pre-seed and seed investments for technology startups in Virginia and North Carolina.