• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • AI
    • Blockchain
    • Precision Medicine
    • Telehealth
    • Wearables
  • Life Sciences
  • Investments
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage

Carrum Health Raises $6.5M to Expand Bundled Payment Platform

by Fred Pennic 05/31/2017 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Carrum Health Raises $6.5M to Expand Bundled Payment Platform

Carrum Health, a San Francisco, CA-based digital health startup has raised $6.5 million in seed funding led by Wildcat Venture Partners including participation from SJF Ventures and SpringRock Ventures. Carrum Health plans to use the funding to expand their comprehensive bundled payment platform to meet the growing demands of their customer base by offering additional acute care bundles in orthopedic, spine and cardiac and adding key service lines such as bariatrics and maternity.  

Founded in 2014, Carrum Health directly connects progressive self-insured employers to top-quality regional healthcare providers through the industry’s first comprehensive bundled payment solution. The platform reimagines how care is paid for and delivered, improving the value of health benefits for employers and their members. They also aim to help top-quality provider systems pursuing value-based care initiatives establish themselves as Centers of Excellence and gain market share.

Key features of the Carrum’s bundled payment platform include: 

– Provider Contracting: full-service provider management with robust quality evaluation and standard bundled contracts. All bundles have a compelling price and readmission warranty. 

– Member Engagement: comprehensive engagement toolkit includes incentive design, custom communication campaigns, and integration with existing programs and channels

– Care Concierge Service: support from a dedicated Carrum Care Concierge, who is your personal assistant and compassionate advocate throughout the entire journey.

– Analytics: predictive algorithms to monitor the performance of the program, isolate actionable improvements and maximize employee engagement. 

– Operations:  Easily customize policies and procedures to fit your organization

To date, the platform is currently  serving more than 400 employer groups on the West Coast of the U.S. Beyond acquiring more users, the patients using the innovative platform provided positive feedback on the highly differentiated experience it offered and incentivized Carrum Health to continue to expand their offerings.

“As healthcare continues to push towards value-based care, employers are paying close attention to their healthcare benefits to meet the needs of their employees at a reasonable price,” said Sachin Jain, CEO of Carrum Health in a statement. “We’re excited about this funding because it positions us to meet the demands of current and future customers by expanding our bundled payment offerings. This capital will also go towards further enhancing our technology and operations platform while improving our analytical insight capabilities.”

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: Carrum Health, healthcare bundled payment

Tap Native

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

Reader Interactions

Primary Sidebar

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

Featured Insights

Digital Health Funding Q3 2025: Choppy Undercurrents Beneath a Steady Surface

Most-Read

Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Qualtrics Acquires Press Ganey Forsta for $6.75B to Create the Most Comprehensive AI Experience Platform

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

Pfizer and Trump Administration Announce Landmark Agreement to Lower Drug Costs

KLAS Report: Epic's Native Ambient Speech Tool Reshapes Customer AI Strategies

KLAS Report: Epic’s Native Ambient Speech Tool Reshapes Customer AI Strategies

Epic Unveils MyChart Central and New APIs to Advance Interoperability at Open@Epic

Epic Outlines Roadmap for Next-Generation Data Sharing at Open@Epic

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

Epic Launches Comet: A New AI Platform to Predict Patient Health Journeys

RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

RevSpring to Acquire Kyruus Health, Creating a Unified Patient Experience

Oracle Confirms Layoffs in Kansas City

Oracle Confirms Layoffs in Kansas City

Philips Future Health Index 2025: AI and Digital Tech Can Help Solve Cardiac Care Crisis

Philips Future Health Index 2025: AI and Digital Tech Can Help Solve Cardiac Care Crisis

Optain Health Secures $26M to Advance AI-Powered Retinal Screening

Optain Health Secures $26M for AI-Powered Retinal Screening

Sutter Health and Epic Launch "Sutter Sync" to Optimize Remote Chronic Care

Sutter Health and Epic Launch “Sutter Sync” to Optimize Remote Chronic Care

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • Submit An Op-Ed
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2025. HIT Consultant Media. All Rights Reserved. Privacy Policy |