FreedomCare

FreedomCare

Home care services for Medicaid recipients

About

FreedomCare offers home care services for Medicaid beneficiaries in New York, allowing them to hire family members or friends as caregivers. This model provides personalized care and ensures that caregivers are compensated immediately after their shifts, which supports their financial stability. Unlike traditional home care services, FreedomCare emphasizes the importance of trust and familiarity by enabling clients to choose their own caregivers. The company's goal is to enhance the quality of life for care recipients while also supporting caregivers.

Company Stage

N/A

Employees

501-1,000

Industries

Healthcare

Total Funding

$75K

Headquarters

North New Hyde Park, New York

Founded

2016


Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for home care services due to aging population and in-home care preference.
  • Medicaid expansion in various states may increase eligible client pool.
  • Policy shifts towards value-based care align with FreedomCare's personalized care model.

What critics are saying

  • Increased scrutiny on Medicaid-funded programs could lead to tighter regulations and reduced funding.
  • Alternative home care models like telehealth may reduce demand for in-person caregiving.
  • Caregiver burnout may lead to higher turnover rates and workforce stability challenges.

What makes FreedomCare unique

  • FreedomCare allows Medicaid beneficiaries to hire trusted family or friends as caregivers.
  • Immediate payment system provides financial stability and motivation for caregivers.
  • Operates primarily in New York, focusing on personalized care for Medicaid recipients.

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