Troy Medicare Raises $5M in Series A Funding

Funding Rounds

Summary

Led by Flaviu Simihaian, Chief Executive Officer, Troy Medicare provides a solution which enables pharmacists to leverage each interaction with their patients to drive down the total cost of care. This financing will help accelerate the deployment of Troy’s solution which enables pharmacists to leverage each interaction with their patients to drive down the total cost of care. Flaviu Simihaian, Troy Medicare’s Chief Executive Officer, said, “We are setting into motion a game-changing model of delivering care that lowers drug costs and drives better health outcomes for our seniors. Pharmacists are the most trusted and accessible healthcare providers, and Troy Medicare is the first health plan to utilize this unique relationship in order to lower the total cost of care. By providing chronic disease management, smoking cessation, and diabetes prevention programs, pharmacists have shown to reduce readmissions for complex care patients by 45%.

$ Funding

$
Amount $5.0M Total raised
Date May 1, 2019 Announcement date
Investors - Lead investors
Company http://www.troymedicare.com Funded company

Classifications

industries
InsurTech
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies