Overview

ConcertoCare provides in-home medical and social care for seniors, combining in-person visits with virtual care to keep patients independent and at home. It serves Medicare, Medicaid, and Medicare Advantage beneficiaries with complex needs, coordinating with an existing primary care provider when available. Its services span in-home primary care, medical and behavioral health care, transportation, food support, caregiver assistance, advanced care planning, and palliative care, delivered through three program offerings and enhanced by proprietary care pathways, analytics, and virtual care technology. ConcertoCare operates as a risk-bearing provider, aiming to improve health outcomes and quality of life for vulnerable seniors by delivering the right care to the right patients, where they are best served: at home.

Simplify's Take

What believers are saying

• $105M Series B funding in February 2022 fuels eight-state expansion.
• Crown Health acquisition bolsters Pacific Northwest senior housing care.
• PACE model sustains senior independence, drawing investor interest.

What critics are saying

• InnovAge and Centene capture Virginia Medicare enrollees with scale.
• No funding since 2022 exhausts $150M runway, forcing cuts.
• Optum undercuts Medicare Advantage contracts via pricing in shared states.

What makes ConcertoCare unique

• ConcertoCare integrates medical, behavioral, and social services via in-home visits.
• Proprietary Patient3D analytics platform enhances care decisions and outcomes.
• Launched PACE center in Alexandria, Virginia on February 24, 2022.

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Funding

Total Funding

$105M

Above

Industry Average

Funded Over

1 Rounds

$105,000,000

Series B

Feb 2022

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

Ind Avg. $35M

$4M

$30M

$45M

$65M

$100M

$105M