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

  • COVID-19
  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • Artificial Intelligence
    • Blockchain
    • Mobile Health
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage
  • Life Sciences
  • Research

Monogram Health Secures $375M to Expand In-Home Kidney Care

by Fred Pennic 01/09/2023 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print
Monogram Health Secures $375M to Expand In-Home Kidney Care

What You Should Know:

– Monogram Health, a Nashville, TN-based kidney disease benefit management and care delivery company announced a $375M growth funding round that will drive the company’s continued rapid expansion as the leading solution for high-quality, in-home care for polychronic patients living with chronic kidney and end-stage renal disease in the U.S.

– Investors in the round include CVS Health, Cigna, Humana, Memorial Hermann Health System, SCAN, TPG Capital, Frist Cressey Ventures, Heritage Group, Pura Vida Investments and Norwest Venture Partners, among others. With this transaction, Monogram will now have access to over 30% of the U.S. Medicare Advantage population and support upwards of 40% of the U.S. population. Today’s announcement follows a series of significant partnerships, and a $180 million Series B funding round in 2021.

Personalized and Compassionate In-Home Care for Polychronic Patients

Monogram is focused exclusively on managing chronic kidney disease (CKD) and end-stage renal disease (ESRD) at home. The company partners with health plans to provide their members with an evidence-based renal care model of clinical managed services, including complex case and disease management, utilization management, and medication therapy management, to improve patient outcomes and quality of life while dramatically reducing costs for the health care system.

For the more than 37 million American adults living with chronic kidney disease, access to the type of specialized care that Monogram provides is critical. Monogram’s transformative, high-touch and in-home model is driven by the company’s extensive market-based teams of clinicians, led by physicians and nurse practitioners who are supported by registered nurses, social workers, pharmacists, and care management teams. These providers and clinical experts are further bolstered by utilization management teams that focus in and around hospitalizations and discharge management, personalizing the experience and care for Monogram patients in nearly 4,000 U.S. cities across 34 states.

Expansion Plans

 Monogram plans to use the proceeds to continue to support the rapid and widespread deployment of the company’s innovative in-home kidney and polychronic care delivery model as well as its technology- driven array of evidence-based clinical services, which include complex case and disease management, utilization management, and medication therapy management.

This innovative model of care transforms the way health care is delivered for those with kidney disease as well as comorbid metabolic disorders and has been shown to dramatically improve patient outcomes and quality of life while reducing medical costs across the health care continuum, improving access and affordability for all.

Market Share

With its new strategic syndicate, Monogram’s investor base now serves over 30% of Medicare Advantage members nationwide and supports upwards of 40% of the U.S. population, uniquely positioning the company to serve those living with chronic kidney disease and their related metabolic disorders.

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: Care Coordination, care management, Cigna, CVS Health, Heritage Group, Home Care, Humana, In-Home Care, Kidney Disease, medicare, Medicare Advantage, medication, model, Norwest Venture Partners, Partners, physicians, Utilization Management

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

Knowledge Hub

 How Top Health Plans Use AI to Save Money and Work Smarter How Top Health Plans Use AI to Save Money and Work Smarter

 How to Build Hybrid Care Models Around Remote Patient Monitoring How to Build Hybrid Care Models Around Remote Patient Monitoring

Trending

Rethinking Big Data in 2024: How Healthcare Can Leverage Workforce Intelligence to Improve Care

Rethinking Big Data in 2024: How Healthcare Can Leverage Workforce Intelligence to Improve Care

Qualtrics and Epic Partner for Integrated Data-Driven Experience

Qualtrics and Epic Partner for Integrated Data-Driven Experience

CVS Rebrands Health Services Segment, Launches Model for Retail Pharmacy Reimbursement

CVS Rebrands Health Services Segment, Launches Model for Retail Pharmacy Reimbursement

Clover Health Exits CMS ACO REACH Program to Focus on Medicare Advantage

Clover Health Exits CMS ACO REACH Program to Focus on Medicare Advantage

Cigna to Acquire Express Scripts for $67B: 5 Things to Know

Cigna and Humana Merger Talks Could Face Antitrust Scrutiny

RNSA23: Cleveland Clinic and Canon Partner to Pioneer Next-Gen Imaging Technologies

RSNA23: Cleveland Clinic and Canon to Establish Comprehensive Imaging Research Center

Automating Implant Orders: A Turning Point in Healthcare’s Digital Transformation

Automating Implant Orders: A Turning Point in Healthcare’s Digital Transformation

Consumers Believe Generative AI Can Revolutionize Healthcare

71% of Consumers Believe Generative AI Can Revolutionize Healthcare

NCQA Launches Virtual Care Accreditation Pilot

NCQA Launches Virtual Care Accreditation Pilot

Novant Health Acquires Three Tenet Hospitals in South Carolina for $2.4 Billion

M&A: Novant Health Acquires 3 Tenet Hospitals in South Carolina for $2.4B

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • 2023 Editorial Calendar
  • 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 © 2023. HIT Consultant Media. All Rights Reserved. Privacy Policy |