Earlier this week, San Francisco-based primary care provider Carbon Health acquired Alertive Healthcare, a remote patient monitoring company founded in 2017, furthering its ambition to become the nation’s largest primary care provider.
Alertive Healthcare, formerly known as Sentinel, offers its turn-key remote patient monitoring (RPM) platform to nearly 40 provider clinics across the United States. The platform uses integrated devices to collect physiological data from patients and deliver alerts about a patient’s adherence or when their condition becomes critical.
Carbon Health is a technology-enabled primary care provider that has developed an end-to-end app platform for patients and doctors aimed at streamlining the healthcare process, while providing ongoing care management and virtual appointments. Carbon Health opened its first clinic in 2016. Today, the company runs over 90 brick-and-mortar primary care clinics across 14 states.
Carbon Health’s long-term goals are rather ambitious, with the company hoping to provide primary care to 1,500 clinics nationwide by 2025. However, with its recent merger and acquisition spending spree, this goal line is looking more and more achievable by the day. With $350 million in funding raised this Summer, Carbon Health has already made major investments in two separate clinic chains this month, comprising of nine clinics in Tucson, Arizona and Sacramento, California.
Additionally, since the start of the Covid-19 pandemic, Carbon Health has opened over 80 clinics in 12 states and expanded its virtual care services to 23 states. With these new acquisitions, the company was able to increase its patient volume 129% since November 2020.
