To keep growing the business and fuel the push into oncology, Carrum raisedled by OMERS Growth Equity, the San Francisco-based startup said late last month. The investment brings Carrum's total funding to $96 million.
"This is the right time for us to expand that offering and scale it rapidly," Jain told Insider."So that is the major area of focus for this round." Read on to see the 17-slide presentation the company used to raise its Series B round and pitch investors on its approach. The company edited the deck to remove some confidential information.Carrum Health Series B Pitch Deck Slide 1The company says it offers a better approach than what's typical in US healthcare, where clinicians are paid for doing more procedures, not for the quality of care they provide.
Patients themselves typically don't pay anything out of pocket. Carrum says its approach also benefits doctors by helping them increase the number of procedures they perform and get paid quickly.A published study of Carrum's service found that it reduced costs and helped avoid unneeded procedures.The way that Carrum pays for healthcare, known as bundled payments, has become increasing popular in the US as a way to improve quality and lower costs.
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