Care coordination startup Unite Us raises $150M
A software startup working with insurers to address members’ social health needs raised $150 million. New York-based Unite Us, which works with local providers and community resources to coordinate care, passed a $1.6 billion valuation.
Emerson Collective, Optum Ventures and Transformation Capital joined the funding round as new investors, along with previous investors Define Ventures, Salesforce Ventures and Town Hall Ventures.
Unite Us was founded in 2013 by veterans Dan Brillman and Taylor Justice, who initially built it to serve the military. Since then, it has brought on a number of partners, including Kaiser Permanente, Humana, CommonSpirit, the Cleveland Clinic and CVS. It recently expanded its partnership with CVS, which involves analyzing claims data to help pharmacists in Louisiana and West Virginia identify patients that might benefit from social support.
Clinicians can use the software to screen patients for food insecurity and homelessness, or make referrals to community-based services. Importantly, can also use it to keep track of whether patients got what they needed.
“Our community-based partners’ ability to drive improved outcomes is critical in a value-based care world, and we know that bringing the necessary technology into every community will accelerate our impact,” Brillman, the company’s CEO, said in a news release.
Last year, Unite Us expanded its footprint to 42 states. By 2023, it plans to expand across the U.S.
A big part of the startup’s plans for the funding is to build out a solution to record and process payments.
“Over the next decade, with Unite Us Payments, we will facilitate an economic relationship between healthcare and social care to integrate both the delivery and reimbursement of services in communities,” Justice, the company’s co-founder and president, said in a news release.
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