On September 17, Think about Pediatrics introduced it had raised $67 million in Collection B funding. The Tennessee-based firm is a pediatric medical group that delivers 24/7 digital and in-home care for kids with particular healthcare wants.
The group, based in 2022, acknowledged that funding will speed up nationwide enlargement, improve the corporate’s expertise platform, and help medical innovation geared toward closing persistent care gaps and growing entry to specialised pediatric care for kids with particular healthcare wants.
Beforehand, Healthcare Innovation’s David Raths spoke with the corporate’s CEO, George Boghos, M.B.A. “Pediatrics typically 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 children with medical complexities and their households a 24/7 digital first, in-home care mannequin by advanced care pediatricians, by nurse practitioners, by therapists, dietitians, paramedics, and social employees — a full interdisciplinary care staff that’s actually investing time to get to know these children and their caregivers, and catch issues preventatively by every day or weekly contact factors, but in addition be there 24/7 for these households once 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 diminished the necessity for emergency division visits and pointless hospital admissions, saving companions over $65 million in 2024.
Contributors within the spherical embody present traders Oak HC/FT, Optum Ventures, and Rubicon Founders, together with new strategic funding from the Autism Influence Fund (AIF) and others.
“This funding strengthens our capability to scale confirmed, progressive care fashions that increase entry, enhance outcomes, and decrease prices for kids with particular healthcare wants and their households,” mentioned Boghos, CEO of Think about Pediatrics, in an announcement.
Chris Male, Co-Founder and Managing Companion of AIF expressed in an announcement: “Because the funding and innovation arm of the autism group, AIF is proud to develop into a strategic investor with Think about Pediatrics, supporting their mission to reimagine pediatric healthcare collectively.”
