Sprinter Well being, a cellular healthcare supplier, has raised $55 million in Collection B funding to assist the corporate develop its staff and footprint, it introduced Thursday.
Menlo Park, California-based Sprinter Well being works with well being plans and provides each in-home and digital care. Its community-based well being employees, known as Sprinters, and distant nurse practitioners present diagnostic screenings, very important checks, treatment administration assist, wellness visits and care navigation. The Sprinters are W-2 staff and are licensed as phlebotomists and educated with medical assistant and group well being employee expertise. They’ll additionally establish unmet social wants, similar to fall dangers or meals insecurity, and join sufferers with sources to deal with these wants.
“We’re centered totally on reaching populations who’re largely disconnected from the healthcare system: we focus on partaking the unengaged,” mentioned Max Cohen, CEO and co-founder of the corporate, in an e mail.
The $55 million Collection B spherical was led by Basic Catalyst and included participation from Andreessen Horowitz (a16z) Bio + Well being, the Regents of the College of California, Google Ventures and Accel. In whole, Sprinter Well being has raised greater than $125 million.
“We consider Sprinter Well being is rising as a category-defining firm in home-based care,” mentioned Holly Maloney, managing director of Basic Catalyst, in an announcement. “They’ve constructed the technological infrastructure to make care each scalable and impactful for the individuals who want it most.”
The financing will assist Sprinter Well being develop its medical, engineering, AI and operations groups, Cohen mentioned. The corporate can even add new geographic areas to offer extra protection for its payer companions. It at the moment operates in 18 states and plans to develop to 22 by the tip of the summer time, in line with the announcement. The Sprinters have additionally accomplished practically 100,000 visits in folks’s properties.
The financing comes at some extent when accessing high quality care is a problem, and it’s oftentimes too costly. That is what Sprinter Well being hopes to deal with with its in-home and digital care mannequin, Cohen mentioned.
“Getting primary checks and screenings for treatable illnesses alone is more and more tough for folks of all ages resulting from value, distance, or an incapability to determine the complicated healthcare system on this nation. … Should you expanded entry below the established order, bills would improve even additional, straining an already heavily-underwater system,” he mentioned. “Personal innovation capital permits the event of different fashions that may bend these value curves, and our success on behalf of payer companions to this point begets additional innovation and funding to proceed scaling these options.”
There are a number of different corporations that ship in-home and digital care, together with DispatchHealth, which just lately acquired Medically House, one other dwelling care supplier.
Image: Feodora Chiosea, Getty Pictures
