Startup WelbeHealth raises $15M to coordinate care for frail elderly

“WelbeHealth is taking advantage of a 2015 rule change by the Centers for Medicare and Medicaid Services to allow private, for-profit companies to support the Program for All-Inclusive Care for the Elderly (PACE). PACE covers healthcare services for patients at least 55 years old who have been deemed by their state’s Medicaid office to be eligible for nursing homes.”
“With the new cash infusion, WelbeHealth is preparing to introduce several models to support value-based care, including one for PACE. For the frail elderly, the startup will be following “known best practices,” according to France.”

– Medcity News

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