
Edenbridge Health
Committed to partnering with communities to enable their oldest and frailest to age in place with dignity and purpose.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | $3.3m | Early VC | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 24 % | 35 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Edenbridge Health operates as a for-profit, mission-driven healthcare organization focused on providing comprehensive and community-based care for frail elderly individuals. Founded in 2016 by Dr. Stephen Gordon, a board-certified geriatrician with an MBA, the company's approach is built upon the Program of All-Inclusive Care for the Elderly (PACE) model. Dr. Gordon's background combines clinical experience in geriatrics from institutions like Harvard Medical School and Yale School of Medicine with business acumen from the Wharton School and consulting. He was inspired to start Edenbridge after his time as a primary care geriatrician at a PACE program in Massachusetts. The company was co-founded by Jeremy Elkins, a professor of political philosophy, and Dr. Simon Laganiere, a neurologist specializing in cognitive disorders.
The company's business model centers on the PACE program, a federal and state-funded initiative that covers all Medicare and Medicaid services for eligible participants. This model provides Edenbridge with global payments from Medicare and Medicaid, with rates adjusted based on the health status of each individual, allowing the company to manage a comprehensive set of services under a single, integrated financial structure. The target clients are elderly individuals, typically 55 and older, who qualify for a nursing home level of care but wish to remain in their own homes and communities. The service is often free for participants eligible for both Medicare and Medicaid.
Edenbridge Health's service is an all-inclusive care program designed to be an alternative to nursing home placement. The core of the service is an interdisciplinary team—including doctors, nurses, and home health aides—that coordinates all aspects of a participant's care through a personalized plan. Services are delivered in various settings, including the participant's home and dedicated PACE centers, which are typically around 15,000 square feet and house medical offices and adult day programs. These centers provide a central location for medical care, therapies, meals, and social activities. The company has a particular focus on supporting personal autonomy and addressing social determinants of health like food security and transportation. By managing all care, from preventive services to hospitalizations, Edenbridge aims to improve health outcomes and allow elders to live with dignity in their community.
Keywords: geriatric care, PACE model, elderly care, senior healthcare, Program of All-Inclusive Care for the Elderly, home-based senior care, community-based healthcare, integrated eldercare, frail elderly support, nursing home alternative, comprehensive senior services, Medicare, Medicaid, senior care delivery, aging in place, person-centered care, geriatric medicine, eldercare services, social determinants of health, senior wellness