SAN FRANCISCO – Cricket Health has closed a Series A funding round of $24 million. Cricket Health provides tech-enabled integrated nephrology and dialysis care to chronic kidney disease and end stage renal disease patients that aims to keep them healthy, at home and out of the hospital. “Kidney care in our country is broken—patients too often end up on very costly, life-altering, in-center dialysis because upside-down incentives put them there,” said Arvind Rajan, CEO of Cricket Health, in a statement. “Our mission at Cricket is to reduce the burden of kidney disease and put patients back in control of their lives with care that is cost-effective, keeps them healthy, and gives them hope for the future. This funding will help us provide better care to millions of Americans facing kidney disease.” Cricket Health works with payers and health systems to identify high-risk patients before kidney failure and focuses on preserving kidney function as long as possible. The treatment plan combines: a provider from a nephrology practice that provides remote, in-person and at-home care; a multidisciplinary care team to coordinate care and manage outcomes; state-of-the-art technology to provide patient education and 24-7 peer and clinical support; and dialysis care either at home or in redesigned centers that put patient empowerment first. The new funding will be used to help Cricket Health expand its tech-enabled programs and its clinical footprint, including the ongoing development of care management for ESRD patients to delay the need for dialysis and the creation of new home dialysis and in-center programs.
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