Carrum Health

Carrum Health

Facilitates employer bundled payments for care

Overview

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.

About Carrum Health

Simplify's Rating
Why Carrum Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

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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Simplify's Take

What believers are saying

  • Network expansion to 1,000+ locations covers 90% of Americans within 50 miles.
  • Lyra Health partnership integrates specialty and mental health care since March 2026.
  • Teladoc Health alliance accesses vast employer base for rapid scaling.

What critics are saying

  • Optum expands COE network, capturing Carrum's self-insured employers by 2027.
  • CMS bundled payments bypass Carrum, slashing employer demand 20-30% by 2028.
  • Network dilution compromises top-10% quality, eroding outcomes within 12 months.

What makes Carrum Health unique

  • Carrum Health curates Centers of Excellence with top 10% physicians nationwide.
  • C.A.R.E. framework ties provider payments to outcomes in surgery and cancer care.
  • AI identifies high-cost patients with 95% accuracy for precise targeting.

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Funding

Total Funding

$96M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$45M
Carrum Health
$65M
Substack
$100M
ClickUp

Benefits

Stock Options

Flexible schedules and remote work

Self-managed vacation days, within reason

Paid parental leave

Health, vision, and dental insurance

401K retirement plan

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

0%
The Healthcare Technology Report
Mar 3rd, 2026
Carrum Health Partners with Lyra Health to Deliver Integrated Specialty and Mental Health Care

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."

The Associated Press
Jan 27th, 2026
Carrum Health and Lyra Health partner to integrate specialty and mental health care for employers

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.

Carrum Health
Sep 2nd, 2025
Value-Based Care Case Studies: How Employers Are Achieving ROI

Sana partnered with Carrum Health to build a data-driven MSK solution.

PR Newswire
Aug 26th, 2025
Carrum Health Strengthens Leadership with Chief Financial Officer and Chief Legal Officer

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.

Cision
Apr 16th, 2025
Assuredpartners Expands Specialty Care Access Via Carrum Health'S Centers Of Excellence Network

"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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