On September 17, Think about Pediatrics introduced it had raised $67 million in Sequence B funding. The Tennessee-based firm is a pediatric medical group that delivers 24/7 digital and in-home care for youngsters with particular healthcare wants.
The group, based in 2022, acknowledged that funding will speed up nationwide growth, improve the corporate’s expertise platform, and help medical innovation geared toward closing persistent care gaps and growing entry to specialised pediatric care for youngsters with particular healthcare wants.
Beforehand, Healthcare Innovation’s David Raths spoke with the corporate’s CEO, George Boghos, M.B.A. “Pediatrics usually is likely one of the final locations for innovation in healthcare,” Boghos mentioned. Additional explaining what the corporate does, Boghos elaborated “let’s wrap round youngsters with medical complexities and their households a 24/7 digital first, in-home care mannequin by complicated care pediatricians, by nurse practitioners, by therapists, dietitians, paramedics, and social employees — a full interdisciplinary care workforce that’s actually investing time to get to know these youngsters and their caregivers, and catch issues preventatively by day by day or weekly contact factors, but in addition be there 24/7 for these households after they want the help.”
“Presently, the corporate operates in Texas, Florida, and Washington, D.C. As early as 2026, the corporate will start increasing into 12 extra states,” Ashleigh Hollowell with Behavioral Well being Enterprise reported.
By forming value-based partnerships with well being plans, Think about Pediatrics has reached almost 300,000 affected person encounters in simply two years, the corporate acknowledged in its press launch. This has lowered the necessity for emergency division visits and pointless hospital admissions, saving companions over $65 million in 2024.
Individuals within the spherical embrace current buyers Oak HC/FT, Optum Ventures, and Rubicon Founders, together with new strategic funding from the Autism Impression Fund (AIF) and others.
“This funding strengthens our potential to scale confirmed, modern care fashions that increase entry, enhance outcomes, and decrease prices for youngsters with particular healthcare wants and their households,” mentioned Boghos, CEO of Think about Pediatrics, in an announcement.
Chris Male, Co-Founder and Managing Accomplice of AIF expressed in an announcement: “Because the funding and innovation arm of the autism neighborhood, AIF is proud to grow to be a strategic investor with Think about Pediatrics, supporting their mission to reimagine pediatric healthcare collectively.”
