MedArrive

MedArrive

Verified
Enables healthcare providers to seamlessly extend care services into the home, unlocking access to high-quality healthcare for more people at a fraction of the cost. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$125m (Public information from Apr 2023)
New York City New York (HQ)

Financials

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-217 %100 %
EBITDA000000000000
Profit000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000
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DateInvestorsAmountRound
-investor investor

$0.0

round
investor investor

$0.0

round
investor investor investor investor investor investor

$0.0

round
N/A

$0.0

round
*

$8.0m

Valuation: $125m

Late VC
Total Funding000k

Recent News about MedArrive

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MedArrive is a healthcare startup that aims to bridge the gap between patients and physicians by providing in-home medical services. The company operates in the healthcare market, focusing on delivering clinical care directly to patients' homes. This approach helps to alleviate the stress and barriers often associated with visiting a doctor's office, allowing for more effective patient care and communication.

MedArrive primarily serves three types of clients: patients, healthcare providers, and health plans. For patients, the company offers high-quality medical care in the comfort and safety of their homes. This includes services ranging from urgent care to managing complex medical conditions. For healthcare providers, MedArrive acts as an extension of their practice, enabling them to offer home-based clinical services and gain valuable insights into patients' social determinants of health (SDoH) and clinical data. This helps providers make informed decisions and close gaps in care. Health plans benefit from MedArrive's services by being able to offer their members convenient and comprehensive in-home care options, which can lead to better health outcomes and potentially lower healthcare costs.

The business model of MedArrive involves partnering with healthcare providers and health plans to deliver these in-home services. They leverage a network of skilled and licensed Emergency Medical Technicians (EMTs) and paramedics who visit patients within 48 hours of a request. These EMS providers act as a bridge between the patient and their physician, ensuring that medical records are updated and shared with the care team.

MedArrive makes money by charging fees for the in-home medical services they provide. These fees can be paid by healthcare providers, health plans, or directly by patients. By offering a convenient and effective alternative to traditional office visits, MedArrive aims to improve patient outcomes and reduce overall healthcare costs.

Keywords: in-home care, healthcare startup, EMT, paramedic, patient care, health plans, clinical services, SDoH, urgent care, medical support.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.