Wednesday, July 6, 2022

CareConnectMD Gets $25M

Costa Mesa-based CareConnect, which provides primary care and care coordination services for Medicare participants, says it has raised $25M in a financing round. The funding was led by TT Capital Partners (TTCP). The company said the new funds will go towards its services in California, Ohio, and Texas, as well as expansion into other markets. CareConnectMD says it contracts with managed care and insurance plans to provide comprehensive primary and palliative care to high-risk populations in their homes or choice of care environments, such as skilled nursing facilities (SNFs). The company's CEO is Dawn Owens.