Pair Team
Overview
Pair Team is a tech-enabled healthcare company founded in 2019 that focuses on providing primary care services to underserved communities in the United States. Its headquarters are located in San Francisco, California, and the company was co-founded by Neil Batlivala and Cassie Choi, RN. To date, Pair Team has raised approximately $23 million through various funding rounds to expand its operations and services to Medicaid's most vulnerable patients.
Recent Developments
- In June 2024, Pair Team raised $9 million in a Series A funding round led by NEXT VENTURES and other notable investors like PTX Capital and Kleiner Perkins. This financial boost is intended to expand the company’s reach across California, focusing on providing value-based care solutions.
- Pair Team's innovative approach involves onsite telemedicine clinics at various nonprofit and community-based organizations like shelters and food pantries. This model is part of Pair Team's effort to connect individuals with healthcare services conveniently and effectively.
- By mid-2024, the company engaged over 49% of eligible high-needs patients in California, successfully reducing emergency department usage by 34% and showing improved health outcomes, including reduced depression symptoms and lower A1c scores in diabetic patients.
- The company has built a strong network of partnerships, working with more than 60 nonprofits and supporting over 3,000 high-needs patients. These collaborations aim to provide comprehensive primary, behavioral, and social support services.
- Pair Team employs an interdisciplinary care team approach, including community health workers, nurse practitioners, and registered nurses, focusing on holistic care for their patients.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | San Francisco, CA |
| Founders | Neil Batlivala, Cassie Choi |
| Revenue | Not Disclosed |
| Profits | Not Disclosed |
| Key Investors | NEXT VENTURES, PTX Capital, Kleiner Perkins, Y Combinator |
| Industry | Healthcare Services |
| Number of Employees | 49 |
Early History
Pair Team was founded in 2019 by Neil Batlivala and Cassie Choi, with a mission to improve healthcare access for underserved communities. From its inception, Pair Team has focused on integrating healthcare services with local community-based organizations to address not only medical but also social care gaps. The company's initial operations involved leveraging technology to efficiently coordinate care and services, particularly for high-risk Medicaid patients. Their unique model rapidly garnered attention, allowing them to participate in prestigious accelerator programs and secure early funding that laid a strong foundation for their subsequent growth.
Company Profile and Achievements
Pair Team’s business model centers around partnerships with local health centers and community organizations to extend their care services. This model is particularly significant in providing value-based care, a shift from traditional fee-for-service approaches, aiming to improve patient outcomes while reducing costs.
- Major Achievements:
- Raised $23 million through several funding rounds.
- Developed a robust care management platform that facilitates both virtual and in-person care delivery.
- Demonstrated significant clinical outcomes, such as reducing emergency department visits by 34%.
- Product Launches and Expansion Efforts:
- Focused on rolling out AI-driven healthcare solutions to streamline operations and enhance care delivery.
- Continued expansion within California with plans to scale operations nationally.
- Recruited a diverse and skilled workforce, including community health workers and clinical professionals.
Current Operations and Market Position
Currently, Pair Team is at the forefront of providing hybrid healthcare solutions that integrate physical, mental, and social services for underserved communities, primarily targeting Medicaid patients in California. Their platform leverages technology to automate administrative tasks and enhance care delivery, which positions them as a market leader in California's complex care program. The company's market position is strengthened by strategic partnerships and innovative care solutions that address both clinical and social factors affecting patient health.
Conclusion
Pair Team plays a crucial role in transforming healthcare delivery for vulnerable populations. By collaborating with nonprofit organizations and leveraging technology to provide integrated care services, Pair Team effectively addresses both medical and social determinants of health. With its successful model in California, the company is poised to expand nationwide, promising a significant impact on how healthcare is accessed and delivered in underserved communities. As it grows, Pair Team aims to continue refining its care management solutions to drive better health outcomes while reducing costs, embodying a sustainable future in healthcare provision.