SCOTTSDALE, Ariz., Dec. 27, 2022 /PRNewswire/ — Gold Kidney Well being Plan (Gold Kidney) introduced the shut of a $60 million funding cope with Chicago Pacific Founder (CPF), an funding adviser that manages non-public fairness funds, targeted solely on value-based care innovation, healthcare companies, and AI and tech enabled healthcare companies with workplaces in Chicago and San Francisco. The funding helps Gold Kidney’s Well being Plan’s skill to supply new Medicare Benefit plan selections to sufferers with kidney ailments throughout the US utilizing a novel Nephrology centric care mannequin.
Presently, ESRD (Finish Stage Renal Illness/Dialysis) Medicare Benefit Persistent Particular Wants Plan (C-SNP) plans are solely accessible in 11 States. Fewer than 1% of Medicare beneficiaries with ESRD are enrolled in ESRD C-SNP plans. In Arizona, Gold Kidney is launching the one ESRD C-SNP plans accessible for Medicare beneficiaries dwelling in Maricopa, Pinal, and Gila counties in 2023. As a Particular Wants Plan, Gold Kidney can enroll sufferers all yr spherical.
Gold Kidney was seeded by over 100 nephrologists discouraged with the restricted Medicare plan choices for his or her Persistent Kidney Illness and ESRD sufferers. Gold Kidney empowers nephrologists and Major Care Physicians (PCPs) to supply the correct care on the proper time in the correct setting for his or her sufferers.
“We’re excited to accomplice with CPF in serving the underserved kidney sufferers at present,” mentioned Dave Firdaus, Gold Kidney’s Chief Government Officer, “CPF has an progressive enterprise method that serves each the care wants of our growing old inhabitants and the monetary returns for buyers.”
Gold Kidney’s mannequin of care is designed to supply kidney illness sufferers with a tech-enabled built-in plan that covers their healthcare wants. For instance, Gold Kidney provides $0 copay dialysis and transportation advantages to assist dialysis sufferers get their wanted therapy and keep away from emergency room visits. “Moreover, Gold Kidney has a big and complete community of contracted suppliers for each entry and option to its members. In Arizona, we contracted with distinguished suppliers resembling Banner Well being, DaVita Dialysis, and US Renal Care,” Gloria Lengthy, Gold Kidney’s VP of Enterprise Improvement commented.
CPF is wanting ahead to a protracted and fruitful partnership with Gold Kidney,” added CPF Founder and Managing Associate, Mary Tolan. “CPF believes that Gold Kidney is a market main Medicare Benefit product, objective constructed to uniquely serve sufferers with kidney illness. Their mannequin, in partnership with main nephrologists will show superior medical & affected person outcomes.”
About Gold Kidney Well being Plan
Gold Kidney Well being Plan is a Medicare Benefit Plan providing Medicare Benefit merchandise for beneficiaries with Persistent Particular Wants. Gold Kidney at present holds an insurance coverage license in Arizona and a Medicare contract from CMS (Middle for Medicare Medicaid Companies). Gold Kidney’s patient-centric care method integrates payor, supplier, and care administration expertise to successfully enhance affected person outcomes and high quality. At Gold Kidney, the affected person’s well-being is our primary focus and precedence. To study extra, go to www.GoldKidney.com.
About Chicago Pacific Founders
Based mostly in Chicago and San Francisco, Chicago Pacific Founders (“CPF”) is a number one strategic non-public fairness agency targeted on investing in development firms inside value-based care, healthcare companies, AI and tech enabled companies, and caring for growing old populations. CPF believes that probably the most vital societal affect and funding returns from healthcare for the subsequent decade might be generated by funding in supply mannequin innovation. CPF’s management crew is made up of former healthcare founders, senior executives, and funding professionals with a ardour and observe document of constructing healthcare companies. For extra data, please go to www.cpfounders.com.
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SOURCE Gold Kidney Well being Plan