WellBe Senior Medical introduced that Excellus BlueCross BlueShield (Excellus BCBS) and Intermountain Ventures have each made strategic investments within the firm. This follows an funding made by CVS Well being Ventures in January of this 12 months.

“The importance of those investments from two spectacular entities additional reaffirms WellBe’s dedication to being a fee-for-service, dwelling care, totally risk-based medical group,” stated Dr. Jeffrey Kang, WellBe’s Senior Medical CEO, in a press launch.

Excellus BCBS’s funding follows a partnership announcement in March of this 12 months. As a part of that partnership, Rochester-based WellBe will present care on to the houses of 30,000 of Excellus BCBS’s most susceptible Medicare Benefit members in upstate New York. Members who qualify for this system have excessive utilization, behavioral well being wants, danger of readmissions and ER visits, a spread of prescriptions, and typically a mix of all 4.

“Our partnership with WellBe helps the well being plan’s targets of bettering well being outcomes and making well being care reasonably priced,” stated Jim Reed, president and CEO of Excellus BCBS, in an announcement.

WellBe Senior Medical and its affiliated medical teams present dwelling care to sufferers with complicated well being situations, together with greater than 100,000 Medicare Benefit sufferers in ten states.