Sprinter Health Raises $55M to Expand At-Home Healthcare Service
Sprinter Health, a Menlo Park-based mobile healthcare provider, has secured $55 million in Series B funding to expand its at-home preventive care services across the United States. This investment underscores the growing demand for accessible healthcare solutions delivered directly to patients’ homes.FinSMEs
🚀 Rapid Growth and Expansion Plans
Founded during the pandemic by Max Cohen and Cameron Behar, Sprinter Health has experienced significant growth. The company now operates in 18 states, up from five in 2023, and has seen its revenue increase six-fold over the past year. The new funding will support further expansion and development efforts, aiming to reach more patients nationwide. FinSMEs
🏥 Comprehensive At-Home Services
Sprinter Health offers a range of at-home preventive services, including blood draws, diabetes eye checks, and colorectal cancer screenings. These services are designed to engage patients who have not been utilizing the healthcare system, helping them stay healthy over the long term. TechCrunch
đź’ˇ Innovative Technology for Efficient Care
The company’s proprietary logistics system optimizes routes and schedules for its clinical professionals, allowing them to serve up to 12 patients daily. This technology ensures that healthcare providers spend more time with patients and less time traveling. TechCrunch
🤝 Strategic Partnerships and Insurance Coverage
Sprinter Health partners with healthcare organizations to drive engagement with proactive, preventive care. Their services are free to members of the company’s health insurance partners, including Medicare and Medicaid, making healthcare more accessible to a broader population. LinkedIn
đź”— Learn More
For more detailed information on Sprinter Health’s recent funding and expansion plans, you can visit the full article on TechCrunch: Sprinter Health raises $55M to expand its at-home healthcare service.sprinterhealth.com
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Expansion Plans
The funding will enable Sprinter Health to extend its reach and offer its services to a larger population. The company focuses on providing various healthcare services, including blood draws and mobile diagnostics, all within the comfort of a patient’s residence. This approach eliminates the need for individuals to travel to clinics or hospitals, saving time and reducing potential exposure to illnesses.
The Rise of At-Home Healthcare
The at-home healthcare market is experiencing significant growth, fueled by advancements in technology and changing patient preferences. Companies like Sprinter Health are at the forefront, leveraging digital tools and skilled healthcare professionals to deliver quality care in a more convenient and personalized manner. By bringing healthcare services directly to patients, Sprinter Health enhances accessibility and improves the overall patient experience.
Future Goals
With the new funding, Sprinter Health is well-positioned to further innovate and expand its service offerings. As they continue to grow, they aim to make healthcare more accessible, affordable, and patient-centric.
