Ride Health Raises Millions to Coordinate The Medical Transportation Ecosystem

Managed Healthcare Executive | January 15, 2020

Ride Health, providing smarter transportation for every patient need, announced they raised $6.2 million in a funding round led by Activate Venture Partners. The capital raise is joined by Newark Venture Partners, Anthro Ventures, BioAdvance, Leading Edge Ventures and Startup Health, according to a news release from Cision PR Newswire. Ride Health will use the funds in an initiative of ensuring every patient, everywhere, has access to the care and resources they need to ensure good health. Ride Health developed its real-time transportation coordination platform to overcome the significant challenges posed by traditional non-emergency medical transportation (NEMT) systems. Millions of Americans struggle with transportation barriers that impact their ability to access quality health care. Patients and caregivers have difficulty navigating limited transportation options; providers lose billions from no-shows and delayed discharges; care coordinators lack the necessary insights to make informed decisions on transportation options; and insurers pay tens of billions in avoidable healthcare expenses due to lapses in care transitions and access related to transportation, the release says.

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The Memory Clinic at Landspítali - the National University Hospital of Iceland in Reykjavik, was established in 1995. Its main objective has been to provide services to the community by diagnosing causes of cognitive impairment and dementia, initiating treatment and supporting patients and their families. The clinic has the capacity for in-depth diagnosis of 400-500 individuals per year but needs to expand along with the growing population and increasing number of patients.

Spotlight

The Memory Clinic at Landspítali - the National University Hospital of Iceland in Reykjavik, was established in 1995. Its main objective has been to provide services to the community by diagnosing causes of cognitive impairment and dementia, initiating treatment and supporting patients and their families. The clinic has the capacity for in-depth diagnosis of 400-500 individuals per year but needs to expand along with the growing population and increasing number of patients.

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