FreedomCare

FreedomCare

Home-based caregiver hiring and payment platform

About FreedomCare

Simplify's Rating
Why FreedomCare is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Enterprise Software

Fintech

Healthcare

Company Size

501-1,000

Company Stage

N/A

Total Funding

$75K

Headquarters

North New Hyde Park, New York

Founded

2016

Overview

FreedomCare operates in the home care services market, focusing on Medicaid beneficiaries in New York. It enables people who need daily living assistance to hire a family member or trusted friend as their caregiver. The caregiver is then paid for their services, with immediate payment after each shift, providing financial stability. The core clients are Medicaid recipients who can choose caregivers from among relatives or close connections, including spouses or parents of a child under 21. The company partners with Medicaid and health plans to manage the caregiving process, ensuring prompt payments and high-quality, personalized care. Its goal is to improve home-based care experiences for patients while supporting the financial well-being of informal caregivers by integrating them into a structured, Medicaid-funded system.

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Simplify's Take

What believers are saying

  • Launched Michigan Home Help Program support, expanding to new Medicaid market.
  • Family caregivers earn $16.25 per hour statewide through Michigan program.
  • Handles payroll, training, and compliance, streamlining self-directed care nationwide.

What critics are saying

  • Michigan program excludes spouses, dropping 70-90% Michigan revenue immediately.
  • MDHHS favors local agencies, blocking FreedomCare access in 6-12 months.
  • 2026 federal Medicaid cuts slash home care reimbursements by 15-20%.

What makes FreedomCare unique

  • FreedomCare enables Medicaid beneficiaries to hire family or friends as paid caregivers.
  • Instant post-shift payments distinguish FreedomCare from traditional home care agencies.
  • Operates as fiscal intermediary in 15 states including New York and Michigan.

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Funding

Total Funding

$75k

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

401(k) Retirement Plan

Hybrid Work Options

Wellness Program

Professional Development Budget

Company News

NewsBreak
Jul 30th, 2025
Michigan Medicaid Members: You May Be Eligible to Get Paid to Care for a Loved One at Home

FreedomCare, a leading provider of in-home care services, has officially launched its support for the Michigan Medicaid Home Help Program.

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