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CareBridge

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uuid0000e4u

Namestring
CareBridge
Legal namestring
RSV QOZB LTSS, Inc.
Websiteurl
carebridgehealth.com
Company typeenum
Private
Founded yearint
2019
Descriptiontext

CareBridge is a Nashville-based virtual care and care management company serving high-risk individuals enrolled in Medicare and Medicaid Home and Community-Based Services (HCBS) programs across 18 U.S. states. Founded in 2019 and acquired by Elevance Health, Inc. for approximately $2.7 billion in 2025, the company now operates as the subsidiary entity RSV QOZB LTSS, Inc. CareBridge serves 28,000+ members through interdisciplinary clinical teams providing 24/7 support, decision guidance for adaptive equipment and aging-in-place, and 21st Century Cures Act-compliant Electronic Visit Verification (EVV) for state Medicaid agencies and Managed Care Organizations.

The platform integrates three core product modules. 24/7 Member Support connects members to an interdisciplinary clinical team via smartphone applications or CareBridge-supplied cellular-enabled tablets, delivering comprehensive annual assessments, recurring virtual visits, care plan generation, and direct coordination with primary care physicians and health plans. Decision Support dispatches Long-Term Support Services (LTSS) specialists with occupational or physical therapy backgrounds to produce personalized "Empowering Alternatives" recommendations for durable medical equipment, adaptive technology, and home modifications under any state HCBS waiver. The EVV platform provides configurable state- and MCO-specific visit and claims validation with X12 EDI compliance and interoperability with existing Cures Act-compliant EVV solutions. The technology stack integrates into health plans' care management systems and PCP workflows to close HEDIS quality gaps.

CareBridge operates a B2B enterprise managed services model. Revenue is generated through contracts with health plans (on behalf of their high-risk HCBS members) and through EVV platform licensing to state Medicaid programs and MCOs. Members access services through their existing health plan coverage rather than paying directly; pricing is not publicly disclosed. The company employs 251-500 staff and pursues a sales-led go-to-market motion targeting continued geographic expansion. Pre-acquisition, CareBridge achieved unicorn status with a $1B+ valuation and was featured in the Financial Times' Americas' Fastest Growing Companies 2024 ranking citing 157,144% revenue CAGR from 2019 to 2022.

Short descriptiontext

CareBridge is a Nashville-based virtual care platform serving high-risk Medicare and Medicaid HCBS members across 18 states through health plan contracts. Acquired by Elevance Health for ~$2.7B in 2025, it combines 24/7 clinical support, decision support, and a Cures Act-compliant EVV platform.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersNashville, United States
HQ citystring
Nashville
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
home and community-based services, electronic visit verification, medicaid care management, virtual care coordination, long-term support services
Industry3 codes
1Post-Acute & Transitional Care Virtual Platforms (SNF/home health coordination)
CodeHLALABAGPrimaryYes
2Patient Engagement, Education & Messaging Platforms (portal/CRM integrated)
CodeHLALABAJPrimaryNo
3Virtual Care Team Collaboration & Provider-to-Provider Teleconsult Platforms (eConsults)
CodeHLALABAIPrimaryNo
NAICS code2 codes
  • Home Health Care Services621610
  • Ambulatory Health Care Services621
SIC code3 codes
  • Services-Health Services8000
  • Services-Home Health Care Services8082
  • Services-Misc Health & Allied Services, Nec8090
Product category
Home and Community-Based Services (HCBS)
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Health Plan B2B Service Contracts
TypeManaged Services
Description

CareBridge contracts with health plans to deliver 24/7 member support, decision support, and EVV services to high-risk members receiving Home and Community-Based Services (HCBS) through Medicare and Medicaid. Services integrate with health plans' existing care management programs and provider networks, and are tied to closing HEDIS quality gaps and improving health outcomes.

carebridgehealth.com
2State and MCO EVV Platform Contracts
TypeManaged Services
Description

CareBridge licenses and operates its 21st Century Cures Act-compliant EVV technology for state Medicaid programs and Managed Care Organizations (MCOs), with deployments in Iowa, New Jersey, North Carolina, Tennessee, Arkansas, and Wyoming. The platform supports customizable visit and claims validation for clean claims submissions and X12 EDI transactions.

carebridgehealth.com
Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

CareBridge contracts with health plans and state Medicaid programs/MCOs to deliver three integrated services to high-risk Home and Community-Based Services (HCBS) members: (1) 24/7 Member Support, providing round-the-clock virtual clinical access via smartphone application or CareBridge-supplied tablet, including comprehensive assessments, recurring virtual visits, and care plan coordination; (2) Decision Support, in which LTSS Specialists deliver personalized Empowering Alternatives recommendations for durable medical equipment, adaptive technology, and home modifications; and (3) a 21st Century Cures Act-compliant Electronic Visit Verification (EVV) platform with X12 EDI interoperability. Services are sold on behalf of health plans and integrated with their existing care management programs and provider networks.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

CareBridge delivers an integrated, three-module platform purpose-built for individuals receiving Home and Community-Based Services (HCBS) through Medicare and Medicaid. Its core offerings are 24/7 Member Support (around-the-clock clinical access via smartphone or CareBridge tablet), Decision Support (LTSS-specialist guidance on personalized equipment and home modifications), and Electronic Visit Verification (a compliant, configurable visit-verification platform with X12 EDI support). Together, these products serve tens of thousands of high-risk members across 18 states by integrating with health plans' existing care management programs and provider networks to deliver in-home care, improve HEDIS quality outcomes, and maximize member independence and quality of life.

Product and service1 record
124/7 Member Support
Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles15 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors8 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

CareBridge

Home and Community-Based Services (HCBS)carebridgehealth.com

CareBridge is a Nashville-based virtual care platform serving high-risk Medicare and Medicaid HCBS members across 18 states through health plan contracts. Acquired by Elevance Health for ~$2.7B in 2025, it combines 24/7 clinical support, decision support, and a Cures Act-compliant EVV platform.

What CareBridge does

CareBridge is a Nashville-based virtual care and care management company serving high-risk individuals enrolled in Medicare and Medicaid Home and Community-Based Services (HCBS) programs across 18 U.S. states. Founded in 2019 and acquired by Elevance Health, Inc. for approximately $2.7 billion in 2025, the company now operates as the subsidiary entity RSV QOZB LTSS, Inc. CareBridge serves 28,000+ members through interdisciplinary clinical teams providing 24/7 support, decision guidance for adaptive equipment and aging-in-place, and 21st Century Cures Act-compliant Electronic Visit Verification (EVV) for state Medicaid agencies and Managed Care Organizations.

The platform integrates three core product modules. 24/7 Member Support connects members to an interdisciplinary clinical team via smartphone applications or CareBridge-supplied cellular-enabled tablets, delivering comprehensive annual assessments, recurring virtual visits, care plan generation, and direct coordination with primary care physicians and health plans. Decision Support dispatches Long-Term Support Services (LTSS) specialists with occupational or physical therapy backgrounds to produce personalized "Empowering Alternatives" recommendations for durable medical equipment, adaptive technology, and home modifications under any state HCBS waiver. The EVV platform provides configurable state- and MCO-specific visit and claims validation with X12 EDI compliance and interoperability with existing Cures Act-compliant EVV solutions. The technology stack integrates into health plans' care management systems and PCP workflows to close HEDIS quality gaps.

CareBridge operates a B2B enterprise managed services model. Revenue is generated through contracts with health plans (on behalf of their high-risk HCBS members) and through EVV platform licensing to state Medicaid programs and MCOs. Members access services through their existing health plan coverage rather than paying directly; pricing is not publicly disclosed. The company employs 251-500 staff and pursues a sales-led go-to-market motion targeting continued geographic expansion. Pre-acquisition, CareBridge achieved unicorn status with a $1B+ valuation and was featured in the Financial Times' Americas' Fastest Growing Companies 2024 ranking citing 157,144% revenue CAGR from 2019 to 2022.

CareBridge firmographics

Firmographics
Name
CareBridge
Legal name
RSV QOZB LTSS, Inc.
Website
https://carebridgehealth.com
Company type
Private
Founded year
2019
Operating status
Acquired
Headcount range
251–500 employees
Short description
CareBridge is a Nashville-based virtual care platform serving high-risk Medicare and Medicaid HCBS members across 18 states through health plan contracts. Acquired by Elevance Health for ~$2.7B in 2025, it combines 24/7 clinical support, decision support, and a Cures Act-compliant EVV platform.
Ownership category
akta.pro rank

CareBridge industry classification

Industry
Product category
Home and Community-Based Services (HCBS)
NAICS
Home Health Care Services (621610), Ambulatory Health Care Services (621)
SIC
Services-Health Services (8000), Services-Home Health Care Services (8082), Services-Misc Health & Allied Services, Nec (8090)
akta.pro primary industry
Post-Acute & Transitional Care Virtual Platforms (SNF/home health coordination) (HLALABAG)
akta.pro secondary industries
Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ), Virtual Care Team Collaboration & Provider-to-Provider Teleconsult Platforms (eConsults) (HLALABAI)

Keywords

  • Home and community-based services
  • Electronic visit verification
  • Medicaid care management
  • Virtual care coordination
  • Long-term support services

Where CareBridge is headquartered

Location

Headquarters

HQ city
Nashville
HQ country
United States
HQ region
North America

Markets served

CareBridge business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Health Plan B2B Service Contracts: CareBridge contracts with health plans to deliver 24/7 member support, decision support, and EVV services to high-risk members receiving Home and Community-Based Services (HCBS) through Medicare and Medicaid. Services integrate with health plans' existing care management programs and provider networks, and are tied to closing HEDIS quality gaps and improving health outcomes.
  2. State and MCO EVV Platform Contracts: CareBridge licenses and operates its 21st Century Cures Act-compliant EVV technology for state Medicaid programs and Managed Care Organizations (MCOs), with deployments in Iowa, New Jersey, North Carolina, Tennessee, Arkansas, and Wyoming. The platform supports customizable visit and claims validation for clean claims submissions and X12 EDI transactions.

Go-to-market motion2 records

CareBridge product offering

Product offering

Core offering

CareBridge contracts with health plans and state Medicaid programs/MCOs to deliver three integrated services to high-risk Home and Community-Based Services (HCBS) members: (1) 24/7 Member Support, providing round-the-clock virtual clinical access via smartphone application or CareBridge-supplied tablet, including comprehensive assessments, recurring virtual visits, and care plan coordination; (2) Decision Support, in which LTSS Specialists deliver personalized Empowering Alternatives recommendations for durable medical equipment, adaptive technology, and home modifications; and (3) a 21st Century Cures Act-compliant Electronic Visit Verification (EVV) platform with X12 EDI interoperability. Services are sold on behalf of health plans and integrated with their existing care management programs and provider networks.

Product overview

CareBridge delivers an integrated, three-module platform purpose-built for individuals receiving Home and Community-Based Services (HCBS) through Medicare and Medicaid. Its core offerings are 24/7 Member Support (around-the-clock clinical access via smartphone or CareBridge tablet), Decision Support (LTSS-specialist guidance on personalized equipment and home modifications), and Electronic Visit Verification (a compliant, configurable visit-verification platform with X12 EDI support). Together, these products serve tens of thousands of high-risk members across 18 states by integrating with health plans' existing care management programs and provider networks to deliver in-home care, improve HEDIS quality outcomes, and maximize member independence and quality of life.

Differentiator

Problem solved

Functional benefit

Products and services

  • 24/7 Member Support

Companies that use CareBridge

Customer profile

Ideal customer profiles2 records

CareBridge technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

CareBridge partnerships and signals

Strategic signal

Recent moves7 records

Expansion highlights4 records

CareBridge competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

CareBridge social profiles

Digital presence

CareBridge compliance and trust

Trust signal

Compliance2 records

CareBridge financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CareBridge leadership team

Management profile

Number of profiles

Profiles15 records

CareBridge funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

CareBridge M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CareBridge

What does CareBridge do?

CareBridge contracts with health plans and state Medicaid programs/MCOs to deliver three integrated services to high-risk Home and Community-Based Services (HCBS) members: (1) 24/7 Member Support, providing round-the-clock virtual clinical access via smartphone application or CareBridge-supplied tablet, including comprehensive assessments, recurring virtual visits, and care plan coordination; (2) Decision Support, in which LTSS Specialists deliver personalized Empowering Alternatives recommendations for durable medical equipment, adaptive technology, and home modifications; and (3) a 21st Century Cures Act-compliant Electronic Visit Verification (EVV) platform with X12 EDI interoperability. Services are sold on behalf of health plans and integrated with their existing care management programs and provider networks.

Is CareBridge a public or private company?

CareBridge is a private company. It is classified as corporate owned and is currently acquired.

When was CareBridge founded?

CareBridge was founded in 2019. It employs 251 to 500 people.

Where is CareBridge based?

CareBridge is headquartered in Nashville, United States, in the North America region.

How does CareBridge make money?

Two revenue lines are on record. Health Plan B2B Service Contracts are the primary driver. The others are state and MCO EVV Platform Contracts.

Does CareBridge have an API?

No public API is recorded for CareBridge.

What industry is CareBridge in?

CareBridge's product category is Home and Community-Based Services (HCBS). Its primary akta.pro industry code is HLALABAG, Post-Acute & Transitional Care Virtual Platforms (SNF/home health coordination), with a secondary code of HLALABAJ, Patient Engagement, Education & Messaging Platforms (portal/CRM integrated). Its NAICS code is 621610 and its SIC code is 8000.

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