On July 8, 2024, home health care services company HarmonyCares announced that it has secured $200 million in fundraising from a variety of venture capital firms, including McKesson Ventures, General Catalyst, and K2 HealthVentures, among others. The new capital will allow HarmonyCares to expand its operations to “additional geographies and develop new technology to drive clinical outcomes and patient satisfaction at scale.”
CEO of HarmonyCares Matthew Chance expressed his excitement with the announcement, stating in a company press release that “This latest investment enables us to double-down on our commitment to expand access to value-based care for patients with complex clinical and social needs and who often have limited access to care, resources, or even family nearby.”
Founded in 1993 and based out of Troy, Michigan, HarmonyCares operates a team that includes over 175 primary care providers across the United States, serving over 70,000 patients across 15 different states, primarily via partnerships with Medicare Advantage and Medicare ACO programs. The company has spent the past 30 years establishing itself as a prominent player in the health services landscape, and becoming an industry leader “in providing care for older adults living with serious health conditions.” For more information, view the full press release below.
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