Maribel Health raises $25M to roll out high-impact home care

Maribel Health, a company that helps develop health systems and deliver cutting-edge home care services, has completed a $25 million Series A. The funding round was led by General Catalyst.

According to Dr. Adam Groff, co-founder of the company, the core message of Maribel Health is that patients want care at home, but hospitals and healthcare systems don’t always have the tools to do so.

“Maribel Health is a pool of subject matter experts, professional services and technology that will help connect hospitals, physicians, clinics and home healthcare operators,” he told Home Health Care News. “We can do it in a variety of ways, in a variety of clinical programs, but we started with emergency home care.”

This includes services such as a home hospital, community-based emergency care, and other emergency care models that are beyond the capabilities of a home hospital alone.

To do this, Maribel Health has assembled a team of experienced doctors, operators and technologists who understand the healthcare system from different angles.

The company has now established anchor partnerships with Mercy Health System and Bayada Home Health Care.

“Together with Mercy, we are building a 200+ bed inpatient home care program across several of their hospitals,” Groff said. “Bayada has a number of significant joint ventures with healthcare systems, and we are bringing additional cutting-edge clinical capabilities to these deals so that home healthcare and hospice operations can more fully meet the needs of their joint venture partners.”

Bayada CEO David Bayada calls the partnership a great opportunity to “proactively and innovatively” think about how to bring more care into the home.

“Every hospital that we work with, whether in a strategic relationship or in a joint venture partnership, is grappling with this problem of moving emergency care to the home for a variety of different reasons,” he told HHCN. “We feel that part of our responsibility as a good partner is to bring next generation thinking into these relationships, and Maribel Health is a great example of that.”

Regarding reimbursement, Maribel Health works with partners who have agreements with payers.

Ultimately, the completion of the $25 million funding round will allow Maribel Health to attract talent and expand the company’s team. It will also allow further development of its technology platform.

“This allows us to attract more truly experienced and talented people who understand the relationship between healthcare systems and operators in the home and community, and we can provide advanced home care with our technology,” Groff said.

At the moment, the main goal of Maribel Health is to help its partners succeed.

“All other partners that we will announce in the near future share our vision,” Groff said. “A vision that home and community care in the future will have much more advanced clinical capabilities and technologies.”

Looking to the future, Maribel Health’s goal is to identify and develop relationships with these additional partners.

“Organizations, whether they be hospitals, clinics or home health care operators, all face the same constraints, namely high demand but a lack of capacity,” Groff said. “At the same time, you have huge strides in things like artificial intelligence and robotics. We see an inevitable push to provide patients with more tools and services to help them stay at home and in the community.”

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