MedArrive

MedArrive

Provides in-home medical services and care

About MedArrive

Simplify's Rating
Why MedArrive is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Healthcare

Company Size

11-50

Company Stage

Late Stage VC

Total Funding

$36.5M

Headquarters

New York City, New York

Founded

2020

Overview

MedArrive provides in-home medical services to connect patients with healthcare providers. Their services include urgent care and management of complex medical conditions, allowing patients to receive care in the comfort of their homes. MedArrive employs a network of licensed Emergency Medical Technicians (EMTs) and paramedics who visit patients within 48 hours of a request, acting as a link between patients and their physicians. This model not only helps patients avoid the stress of visiting a doctor's office but also allows healthcare providers to gain insights into patients' social determinants of health and clinical data. MedArrive partners with healthcare providers and health plans to deliver these services, charging fees that can be covered by providers, plans, or patients. The goal of MedArrive is to enhance patient outcomes and reduce healthcare costs by offering a convenient alternative to traditional office visits.

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Simplify's Take

What believers are saying

  • Increased demand for in-home healthcare boosts MedArrive's market potential.
  • Partnerships with companies like Ouma expand MedArrive's maternal care services.
  • Value-based care models align with MedArrive's cost-effective in-home solutions.

What critics are saying

  • Competition from companies like DispatchHealth threatens MedArrive's market share.
  • Reliance on partnerships may risk client base if partners develop own solutions.
  • Regulatory changes in telehealth could impact MedArrive's operational compliance.

What makes MedArrive unique

  • MedArrive connects EMS professionals to patients for in-home care, enhancing accessibility.
  • The platform integrates telehealth and in-person care, offering comprehensive home-based services.
  • MedArrive focuses on vulnerable populations, addressing social determinants of health effectively.

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Funding

Total Funding

$36.5M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-10%

2 year growth

6%
Becker's ASC
Aug 15th, 2023
MedArrive, Heartbeat Health partner to improve cardiology care for Medicaid beneficiaries

Mobile-integrated care provider MedArrive has partnered with tech-enabled virtual cardiology company Heartbeat Health to better serve Medicaid beneficiaries.

Hit Consultant
May 19th, 2023
Digital Health Exec Hires & Departures: Ed Marx Departure, Others

Health IT veteran Ed Marx announces his departure as CEO at Divurgent to launch his advisory company, Marx Advisory focused on helping healthcare executives organizations achieve objectives and key results.Particle Health appointed Jason Prestinario as its next CEO, effective today. Troy Bannister, founder and current CEO, will continue with Particle as Chief Strategy Officer, where he will spearhead product innovation.Rhapsody names Jeff Chiumiento as the company’s new chief financial officer to oversee the company’s global financial operations and optimizing business management.Zyter|TruCare™ appoints Jason Cole, as the company’s new executive vice president and chief operating officer.  Cole will report directly to Chief Executive Officer, Kevin Riley, and be responsible for driving enterprise performance overall and deepening the customer and employee-centric operating model.Sana Primary Care appoints virtual primary care pioneer Dr. Jay Parkinson as Chief Medical Officer. Healthcare entrepreneur and physician will lead Sana’s virtual primary care model and its transition to a combined health plan and in-house care delivery model.ModMed® appoints Venkatesh Jayaraman (VJ) as the company’s Chief Technology Officer to lead the strategic direction and technical leadership for the product engineering organization, including cloud operations.MedArrive appoints Peter Samuel, MD (“Rocky”) as Chief Clinical Officer. Dr. Samuel will oversee MedArrive’s home-based clinical programs, help establish clinical protocols and quality standards to ensure strong performance, lead the strategic leadership in developing new use cases and programs, while also spearheading future-forward planning. Virta appoints Dr

Fierce Healthcare
May 12th, 2023
Chutes & Ladders—UNOS names first female CEO

Peter "Rocky" Samuel, M.D., was hired as the new chief clinical officer at mobile-integrated care management company MedArrive.

Becker's Hospital Review
Apr 14th, 2023
Cobalt Ventures invests in mobile care company

Cobalt Ventures, the venture capital arm of Blue Cross and Blue Shield of Kansas City, invested $8 million into the mobile care platform MedArrive.

HomeCare Magazine
Apr 13th, 2023
MedArrive Raises $8 Million Investment to Bring More Care Into the Home

Mobile-integrated care management platform company MedArrive announced $8 million in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC).

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