MedZed

MedZed provides healthcare support services designed to improve health outcomes for high-risk populations through community engagement and innovative care solutions. Their approach utilizes mobile technology to facilitate clinical care access. Founded in 2014 in Atlanta, US, MedZed specializes in care coordination and community support services for underserved populations. The company was established by Jeffrey Grossman, Neil Solomon, and Scott Schnell, with Scott Schnell currently serving as CEO.

MedZed successfully raised USD 3. 2 mn in its latest funding round in October 2015, marking its total raised amount at USD 3. 2 mn through a single investment deal. MedZed Physician Services offers a comprehensive array of healthcare support services aimed at addressing the social determinants of health for high-risk populations.

Their core offerings include the deployment of locally based, culturally competent Community Health Navigators, who engage one-on-one with members to help manage their health and wellness. These navigators work alongside nurses who provide clinical education and guidance to ensure members receive the necessary care. The services are designed to target underserved populations, focusing on individuals with complex care needs who may struggle to access traditional healthcare systems. MedZed's solutions utilize mobile technologies and centralized systems to deliver high-quality, hands-on clinical care directly to patients' homes, facilitating access in both urban and rural markets across the United States.

The company's primary customers include health plans, payers, community partners, and care providers who serve Medicaid and Medicare Advantage members. MedZed generates revenue primarily through partnerships with health plans and payers, structured around service contracts that facilitate care coordination and community support for high-need members. The transactions typically involve a fee-for-service model, where health plans compensate MedZed for each enrolled member who receives care coordination and support services. This structure enables providers to improve patient outcomes while reducing healthcare costs.

While specific pricing plans for individual services are not disclosed, the revenue model emphasizes the value of engaging high-risk individuals, thereby decreasing emergency department visits and inpatient admissions. MedZed's services are strategically aligned with the goals of its partners, aiming to enhance health outcomes while addressing the financial challenges faced by both the organization and its clients. MedZed aims to expand its offerings with new healthcare solutions designed to further integrate community support into their care processes. They also plan to target new geographic markets, focusing on both urban and rural areas across the United States.

The funding of USD 3. 2 mn raised in October 2015 will support these initiatives as they enhance their technological capabilities and expand their reach to more high-risk populations.