Carbon Health Explained

Carbon Health Inc.
Logo Alt:Carbon Health Logo
Industry:Primary healthcare, Urgent Care
Hq Location:San Francisco
Num Locations:101 (2022)
Equity:US$3.3 billion (2021)
Num Employees:2,309 (2021)

Carbon Health is an American chain of primary healthcare and urgent care clinics[1] [2] [3] that also provides telemedicine.[4] [5] It was founded in 2015 in San Francisco.

History

Carbon Health was founded in San Francisco in 2015 by Udemy co-founder Eren Bali, engineer Tom Berry, and physician Greg Burell. It began as a software platform and mobile app for medical records, telehealth, doctor-patient messaging, and scheduling.[6] The team developed the platform by opening a private clinic that saw about 750 patients; at the time, their goal was to build software for medical practices.[7] [8] [9]

In 2017, Eren Bali was introduced to Caesar Djavaherian, an Iranian-American emergency medicine doctor and owner of Direct Urgent Care, a national chain of urgent care clinics.[10] Djavaherian had experienced problems with electronic health record (EHR) systems, and he decided to pilot the Carbon Health software in his clinics.[11] In 2018, Carbon Health and Direct Urgent Care merged, and Caesar Djavaherian became the company's fourth co-founder.[12] [13] [14] Because of this merge, Carbon Health now owned 7 brick-and-mortar clinics in the San Francisco Bay Area.

In 2017, Carbon Health had created a mobile app to communicate with directly with doctors, and an alternative to traditional EHR systems.

In 2019, Carbon Health announced a Series B round of $30 million,[15] followed by a Series B extension of $28M in early 2020 to strengthen its initiatives related to the COVID-19 pandemic.[16] Later in 2020, the company announced a $100M round led by Dragoneer Investment Group,[17] and in 2021, a $350M round led by The Blackstone Group.[18]

By April 2021, Carbon Health had 49 physical location medical clinics, including 19 clinics in the San Francisco Bay Area and 8 clinics in Los Angeles.[19] [20] By October 2021, Carbon Health had 90 full service medical clinics, located in 14 states within the United States.[21]

In July 2022, Carbon Health laid off 25% of its workforce. That was approximately 250 employees.

COVID-19

In March 2020, Carbon Health partnered with the San Francisco-based online pharmacy Alto Pharmacy to provide oral swab home test kits to patients in California. The tests were reportedly distributed under an Emergency Use Authorization by the United States Food and Drug Administration (FDA);[22] [23] however, that same week, the FDA suspended the sales and distribution of home testing kits produced by Carbon Health, among others.[24] [25]

In April 2020, Carbon Health released an open source, HIPAA-compliant repository of COVID-19 clinical data.[26] [27]

In January 2021, the city of Los Angeles began using Carbon Health software to manage the logistics of administering 1.5 million COVID-19 vaccines at mass vaccination sites including Dodger Stadium.[28] [29] [30] [31] [32]

Notes and References

  1. Web site: 2021 Inc. 5000 . Inc.com . Mansueto Ventures.
  2. Web site: September 14, 2016. Carbon Health: The Doctor Is Everywhere. live. 16 August 2021. TechCrunch. https://web.archive.org/web/20210127180444/https://techcrunch.com/video/carbon-health-the-doctor-is-everywhere/ . 2021-01-27 .
  3. News: Etherington . Darrell . Carbon Health to Launch 100 Pop-Up COVID-19 Testing Clinics Across US . 16 August 2021 . TechCrunch . September 10, 2020.
  4. News: Truong . Kevin . Dietsche . Erin . Carbon Health pulls in $30M to become the 'Starbucks of healthcare' . 16 August 2021 . Med City News . June 6, 2019.
  5. News: Thompson . Nicholas . Coronavirus and the Future of Telemedicine . 16 August 2021 . Wired . April 18, 2020.
  6. News: Arndt . Rachel Z. . Carbon Health's epic plan for patient data . 16 August 2021 . Modern Healthcare . July 31, 2017.
  7. News: Loizos . Connie . Udemy co-founder Eren Bali just raised $6.5 million for his newest startup . 16 August 2021 . TechCrunch . March 29, 2017.
  8. Web site: Eren Bali, Carbon Health, on democratizing healthcare access . Soundcloud . The Pulse by Wharton Digital Health . 16 August 2021.
  9. Web site: Carbon Health: The Doctor is Everywhere . TechCrunch . 16 August 2021.
  10. News: Jennings . Katie . Meet The Immigrant Entrepreneurs Who Raised $350 Million To Rethink U.S. Primary Care . 16 August 2021 . Forbes . July 21, 2021.
  11. Stokel-Walker. Chris. July 3, 2017. Carbon Health puts total control of doctor-patient relationship in your hands. Wired UK. 2021-12-13. 1357-0978.
  12. News: Norman . Hannah . This health care startup is ready to take on One Medical by bringing its patient-centric platform to Bay Area clinics . 16 August 2021 . San Francisco Business Times . October 30, 2018.
  13. News: July 22, 2001. Eren Bali, Carbon Health CEO: A Fortt Knox Conversation. CNBC. video. 16 August 2021. YouTube.
  14. News: Dave . Muoio . Carbon Health merges with Direct Urgent Care, pairs mobile patient app with physical care services . 16 August 2021 . Mobi Health News . October 30, 2018.
  15. News: Dosu . Folake . Carbon Health raises $30 million in Series B capital to make care accessible . 16 August 2021 . Built In . June 17, 2019.
  16. News: Rinker . Brian . Investors inject $28 million into tech-savvy S.F. health care provider to tackle Covid-19 . 16 August 2021 . San Francisco Business Times . May 12, 2020.
  17. News: Brown . Kristen V. . Carbon Health Raises $100 Million to Expand Clinic, Virtual Care . 16 August 2021 . Bloomberg . November 10, 2020.
  18. News: Muoio . Dave . Carbon Health banks another $350M to become 'largest primary care provider in the U.S.' . 16 August 2021 . Fierce Healthcare . July 21, 2021.
  19. Web site: Draughorne. Kenan. 2021-02-03. Carbon Health Opens North Hollywood Urgent Care Clinic. live. 2021-12-13. North Hollywood-Toluca Lake, CA Patch. en. https://web.archive.org/web/20210214072756/https://patch.com/california/northhollywood/carbon-health-opens-north-hollywood-urgent-care-clinic . 2021-02-14 .
  20. Web site: Rinker. Brian. 2021. Landlords court a new breed of retail medical clinic. live. 2021-12-13. San Francisco Business Times. https://web.archive.org/web/20210409150046/https://www.bizjournals.com/sanfrancisco/news/2021/04/09/0409-fohc-healthcareretail.html . 2021-04-09 .
  21. Web site: 2021-10-07. Carbon Health Expands National Footprint Through Acquisition of New Jersey Clinic Chain. 2021-12-13. 6Park NewsDesk, New Jersey. en-US.
  22. News: Canales . Katie . A San Francisco startup is shipping coronavirus home test kits to sick Californians for $167 . 16 August 2021 . Business Insider . March 20, 2020.
  23. News: Singer. Natasha. 2020-03-24. Start-Ups Jump the Gun on Home Kits for Coronavirus Testing. en-US. The New York Times. 2021-12-13. 0362-4331.
  24. News: Hartmans . Avery . San Francisco startups have suspended sales of at-home coronavirus test kits after the FDA issued a warning . 16 August 2021 . Business Insider . March 24, 2020.
  25. News: Singer. Natasha. 2020-03-25. Lawmakers Question Start-Ups on At-Home Kits for Coronavirus Testing. en-US. The New York Times. 2021-12-13. 0362-4331.
  26. Web site: Coronavirus Disease 2019 (COVID-19) Clinical Data Repository . COVID Clinical Data . Carbon Health . 17 August 2021.
  27. Web site: Moosvi . Nosheen . Ismakov . Rebekkah . Noorzad . Pardis . Burell . Greg . Wu . Roger . Atluri . Haritha . Djavaherian . Caesar . Mandavia . Sujal . Bali . Eren . Coronavirus Disease 2019 (COVID-19) Clinical Data Repository . Covid Clinical Data on GitHub . 16 August 2021 . GitHub.
  28. News: Primack . Dan . COVID-19 vaccine: Private companies step in to fill logistics vacuum . 17 August 2021 . Axios . Jan 21, 2021.
  29. Web site: Carbon Health's Vaccination Platform For Efficient Management Of Vaccine Operations . Health & Routine . SNV . 17 August 2021.
  30. News: Danesh . Noah . Volunteers provide support in California's COVID-19 vaccine distribution . 17 August 2021 . Daily Bruin . April 2, 2021.
  31. News: 'It's A Literal Race Against The Virus': Carbon Health's Dr. Caesar Djavaherian On COVID-19 Vaccine Distribution . 17 August 2021 . CBS News . February 1, 2021.
  32. News: Wells . Caleigh . LA's COVID-19 vaccinators share stories of joy, relief and connection . 17 August 2021 . KRCW Greater Los Angeles . March 29, 2021.

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