Thyme Care Closes Strategic Investment from Echo Health Ventures and CVS Health Ventures to Scale Its Value-Based Cancer Care Model
Summary
Patients and families are forced to navigate a complex and frightening care journey, while providers struggle to offer personalized care in a rapidly evolving and often heterogeneous case mix, and health plans grapple with skyrocketing costs," said Kurt Sheline, Echo Health Ventures. "We believe Thyme Cares member-centric and provider-integrated approach is unique and has the potential to transform this status quo toward a value-based future that aligns incentives to improve outcomes and lower costs. This comprehensive approach has proven effective in reducing healthcare utilization rates and improving clinical outcomes, patient satisfaction, and . Were dedicated to supporting Thyme Cares growth by lending our strategic expertise as the company expands nationally. CVS Health Ventures goal is to enable promising entrepreneurs to scale more quickly and effectively through access to their unmatched enterprise capabilities and consumer touchpoints, while offering expertise and insights from their companys unique perspective.