Carbon Well being introduced the hybrid care supplier had acquired $100 million in Collection D funding from CVS Well being Ventures days after revealing a second spherical of layoffs prior to now yr.
On Friday, Carbon Well being’s CEO Erin Bali revealed on Twitter the corporate laid off greater than 200 workers because it shifts focus to its core major care and pressing care providers whereas “unwinding” its public well being, distant affected person monitoring, {hardware} and continual care packages.
The Collection D funds will assist Carbon Well being scale its Connective Care mannequin, which makes use of software program to attach sufferers and healthcare suppliers and permits for digital monitoring and administration of care.
Sufferers can entry digital or in-person pressing care and first care, digital psychological healthcare and diabetes care, and in-person COVID-19 testing and or work-related healthcare for office accidents.
Along with offering the huge funding, CVS Well being will pilot the implementation of Carbon Well being’s choices inside choose CVS Well being shops for shopper use.
THE LARGER TREND
The newest spherical of layoffs comes about seven months after the corporate reported they let go of 250 workers, about 8% of its international workforce, as a result of have to shut down among the COVID-19-specific companies.
Carbon Well being raised an enormous $350 million in 2021, then acquired distant affected person monitoring firm Alertive Healthcare, a series of New Jersey pressing care clinics, two clinic chains in Arizona and California and a bunch of clinics in Southern California. The corporate additionally acquired built-in diabetes care platform Regular Well being.
In September, the hybrid care supplier introduced a partnership with Blue Cross Blue Defend of Massachusetts, by which the well being insurer would supply its members Carbon’s Connective Care. The brand new major care mannequin launched early this month.
In March, direct-to-consumer digital well being firm Hims & Hers introduced a take care of Carbon Well being to supply its California-based clientele with a brick-and-mortar care choice.
In response to Axios, Carbon Well being’s Cha mentioned at an occasion final month that the corporate is in the course of talks to license its EHR software program to different practices.
