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New home hospitalization venture lands $3.5M

authors Emily Kubis Startup home health services venture Contessa Health has landed $3.5 million in series A financing, the company announced Wednesday. Investors included BlueCross BlueShield Venture Partners, Sandbox Advantage Fund and Martin Ventures. The funding will be used to expand and grow Contessa’s home hospitalization programs, which are built around bundled payment programs. The company combines administrative services and analytics tools to optimize the delivery of higher-acuity care in a home setting. “Contessa Health’s clinical model truly places the patient at the center of the care delivery universe by enabling clinicians to deliver care in the most appropriate…

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