Company Raises $22M for All-Inclusive Long-Term Care Package

PACE plans: A PACE plan provides comprehensive support services, home health care, medical care and facility-based care for people who already are frail enough or suffer from severe enough dementia that they could qualify for Medicaid nursing home benefits.

The federal government and PACE plan managers have been trying to expand the PACE program, believing it could be an important way to provide long-term care services for people who have run out of long-term care insurance benefits, savings and other means to pay for home care, assisted living facility care or nursing home care.

One concern for regulators and patient advocates has been finding ways to ensure that PACE plans will provide high-quality care for people who may have little ability to speak up for themselves.

Seen Health: Sebastian Caliri, a partner at 8VC, said he thinks that Seen Health could be in a good position to succeed because of the technology it is using to automate its back office and support care teams.

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