California-based Carrum Health, a digital market permitting employers to buy bundled healthcare providers, has acquired $45 million in Sequence B funding led by OMERS Development Fairness.
Revelation Companions participated within the spherical, alongside current buyers Tiger International, Wildcat Enterprise Companions, SpringRock Ventures and Cross Creek.
Teresa Lee, OMERS Development Fairness’s managing director, will be part of Carrum’s board of administrators.
WHAT IT DOES
Carrum Well being gives a value-based platform that enables self-funded employers to purchase specialty care, specializing in surgical and most cancers care. It supplies a digital platform that provides sufferers entry to a care specialist that guides them by the surgical course of and employers a platform for navigating Carrum’s community.
The San Francisco-based firm’s Middle of Excellence community highlights what it considers to be high-quality surgical facilities throughout the U.S. for sufferers and employers.
The corporate will use the funds to broaden its oncology advantages choices and scale its surgical care service strains.
“With its Facilities of Excellence community, digital platform and data-driven surgical episode bundling capabilities, Carrum Well being has created an answer that enables for real-time and measurable worth to employers, in addition to a superior affected person and clinician expertise,” mentioned Teresa Lee of OMERS. “The corporate is well-positioned to remodel how healthcare is delivered and paid for, and we sit up for supporting the administration group in realizing that imaginative and prescient.”
MARKET SNAPSHOT
In 2021, Carrum Well being closed a $40 million Series A funding round.
The identical 12 months, Hinge Health and Carrum announced a partnership unveiling an end-to-end musculoskeletal resolution that joined Hinge’s digital musculoskeletal clinic with Carrum’s Middle of Excellence platform.
Final Yr, Carrum was added to employee-focused care-navigation and pharmacy-benefits platform Rightway’s ecosystem partnership program dubbed RightwayHub.
Carrum additionally added Seema Verma to its company advisory board. Verma served because the Facilities for Medicare and Medicaid Companies administrator from 2017 to 2021.
Different employer-focused platforms embody Lyra Health, a behavioral health-benefits platform for employers, and LifeSpeak, an employer-focused digital psychological well being firm.
