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Carrum Health builds a platform that connects employers to a network of top healthcare providers through value-based Centers of Excellence. It negotiates upfront bundled payments for medical procedures, then covers the procurement and oversight via a plug-and-play solution that can be deployed nationwide. Providers bill only the bundled price, helping employers save costs while patients access high-quality care and avoid medical bills. The company differentiates itself by direct provider negotiation, a bundled-payment model tied to Centers of Excellence, and an emphasis on easy implementation and clear savings (up to 45% per procedure). Its goal is to reduce employer healthcare spend while improving patient experience and outcomes.
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
201-500
Company Stage
Series B
Total Funding
$96M
Headquarters
San Francisco, California
Founded
2014
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Total Funding
$96M
Above
Industry Average
Funded Over
4 Rounds
Industry standards
Stock Options
Flexible schedules and remote work
Self-managed vacation days, within reason
Paid parental leave
Health, vision, and dental insurance
401K retirement plan
Carrum Health partners with Lyra Health to deliver integrated specialty and mental health care. Published. March 3, 2026 Carrum Health and Lyra Health have formed a strategic partnership to combine specialty medical services with behavioral health support for employer-sponsored plans. The collaboration connects Carrum's bundled Centers of Excellence programs in surgery, cancer care, and substance use disorder (SUD) treatment with Lyra's mental health services, creating pathways for high-cost, high-acuity populations. The integrated model enables referrals in both directions, aligning care navigation teams and reducing reliance on out-of-network providers, where behavioral health spending ranges from 25% to 30%, and SUD costs can climb as much as 40%. Become a subscriber. Please purchase a subscription to continue reading this article. Matthew Eurey, Chief Commercial Officer at Carrum Health, stated, "Behavioral health and physical health aren't separate challenges; they're interconnected." He added that members need "support across the full care continuum, not just at the point of crisis." The partnership allows Lyra Care Navigators to refer members to Carrum's specialty network, while Carrum patients gain access to Lyra's mental health programs for step-up and step-down support. The companies aim to reduce fragmented care that often leads to preventable crises and higher claims costs, as nearly 80% of large employers report rising demand for mental health and SUD services. Sean McBride, President of Employer Solutions at Lyra Health, noted, "When members get stuck between services that don't talk to each other, it leads to preventable crises and costly out-of-network claims."
Carrum Health and Lyra Health have launched a partnership integrating specialty care and mental health services for employer clients. The collaboration connects Carrum's surgical, cancer and substance use disorder treatment network with Lyra's behavioural health services to improve care coordination and reduce costs. The bidirectional partnership enables seamless referrals between providers. Lyra's care navigators can refer members needing specialty care to Carrum, whilst Carrum members receive access to Lyra's mental health services during recovery. The integration addresses fragmented care delivery, particularly for substance use disorder patients, where out-of-network costs surge up to 40%. For mutual clients, the partnership eliminates separate contracting needs whilst delivering coordinated care pathways, reduced out-of-network spending through bundled payment models, and rapid access to treatment without cost barriers for members.
Sana partnered with Carrum Health to build a data-driven MSK solution.
SAN FRANCISCO, Aug. 26, 2025 /PRNewswire/ - Carrum Health, the leader in value-based Centers of Excellence (COE) for specialty care, today announced the appointment of two new executives to its leadership team: Andrew Steinberg as Chief Financial Officer and Richard Eskew as Chief Legal Officer.
"This partnership reflects our commitment to delivering innovative solutions that support our clients and their employees every day." Jim Hartz, SVP and National Employee Benefits Practice Leader AssuredPartners
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Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
201-500
Company Stage
Series B
Total Funding
$96M
Headquarters
San Francisco, California
Founded
2014
Find jobs on Simplify and start your career today