Humana joins $200M funding round for digital home care provider 

DispatchHealth, a provider of in-home medical care, on March 3 closed a $200 million series D financing round. 

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Louisville, Ky.-based insurer Humana participated in the funding round, which also included Echo Health Ventures and Tiger Global. The new investment brings DispatchHealth’s total funding to more than $417 million and raises its valuation to $1.7 billion, according to a news release. 

In February, Humana partnered with DispatchHealth to offer members access to 24/7 medical care outside of the hospital. Under the agreement, Humana members with multiple chronic conditions, such as kidney infections and heart failure, can be treated at home by DispatchHealth’s on-call medical team. 

DispatchHealth’s platform also lets members coordinate additional services including pharmacy and meal deliveries, physical and respiratory therapy, and durable medical equipment access and imaging services. 

More articles on digital transformation: 
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New York testing IBM’s digital health pass at sporting events
Amazon Care, Intermountain, Ascension launch hospital-at-home healthcare alliance

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