Healthmap: Kidney-Focused Health Management Company Closes $100 Million In Funding
Summary
Healthmap Solutions a national population health management company focused on kidney disease recently announced that it has raised $100 million to support the ongoing expansion of its business. And Healthmap has grown rapidly with its health plan customers and is currently contracted to serve over 160,000 individuals with kidney disease.This funding round will provide the company with the resources required for newly awarded business and the balance sheet strength to support the growing portion of Healthmaps covered lives contracted under capitated arrangements. And Healthmap is contracted to manage over $3 billion in healthcare spend through risk-based arrangements with several of the countrys leading health plans and at-risk providers.The companys growth is a result of its proven ability to improve care and lower costs for polychronic patients through the use of advanced technology, predictive analytics, machine learning, clinical expertise, and face-to-face interactions with providers and members. And the companys approach has been effective across Medicare, Medicaid, and commercial populations living in disparate geographies. Healthmaps highly scalable business model has enabled the company to make a positive impact on broad populations and has also demonstrated its financial durability and predictability.