# Matrix Medical Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/matrix-medical-network

- Industry: Healthcare
- Headquarters: Nashville, US
- Website: www.matrixmedicalnetwork.com
- Total disclosed funding: $3M
- Latest round: Series B (Feb 21, 2007)
- Investors on record: 1

## About

Matrix Medical Network, based in the US, specializes in in-home health assessments, providing personalized care to individuals, especially in Medicare and Medicaid programs, enhancing health outcomes through targeted support.Matrix Medical Network, founded in 2000, operates from Nashville, US. The company provides in-home health assessments and is focused on connecting patients with necessary health resources. Its recent funding round was a BUYOUT in August 2016, where Frazier Healthcare Partners acquired a 60% majority stake for USD 418.00 mn from Providence Service Corporation. The company has completed a total of 7 deals since its inception, with the most recent deal occurring in August 2016. The CEO is Catherine Tabaka and the founder is Marcia Naveh.Matrix Medical Network offers a comprehensive range of in-home health assessment services designed to deliver personalized care to individuals, particularly those enrolled in Medicare Advantage, Managed Medicaid, and Commercial insurance plans. Their core offerings include thorough health assessments lasting approximately 45-60 minutes, focusing on the "whole person" by addressing physical, emotional, spiritual, and social health dimensions. Services are tailored to meet unique patient needs, with clinicians documenting medical and social gaps in care to connect patients with necessary resources. Matrix operates nationwide, delivering care directly to patients' homes, ensuring accessible healthcare experiences. Their clientele mainly consists of health plans, insurers, and healthcare providers, aiming to enhance overall health outcomes.Matrix Medical Network generates revenue primarily through partnerships with healthcare plans and organizations that seek to improve patient care services. This is predominantly based on B2B relationships, where health plans engage Matrix for in-home assessment services as part of their member care initiatives, through direct contractual agreements. While specific pricing details for individual services are not disclosed, the company's revenue model includes fees for comprehensive health assessments and ongoing care coordination support.Matrix Medical Network plans to utilize its recent funding to enhance service offerings, with a focus on expanding into new geographic regions and enhancing technology for better patient engagement. The company intends to broaden its reach to additional states by the end of 2024. The funding from the recent BUYOUT will facilitate these expansions and support the development of new products and services aimed at improving patient care delivery.

## Funding rounds

- Series B, Feb 21, 2007, $3M — Ballast Point Ventures

## Investors

- Ballast Point Ventures (https://capitalatlas.ai/funds/ballast-point-ventures) — Series B