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Cityblock Health, a company primarily focused on providing care for urban Medicaid and dual-eligible members, plans to acquire Homeward Health to expand deep into rural markets, the company announc | Combined, the two companies will serve nearly 250,000 people and are positioned to reach the120 million people receiving government-funded healthcare in the U.S., Toyin Ajayi, Cityblock Health CEO and co-founder wrote in a blog post.
Cityblock Health acquires Homeward Health and raises $116M Series E, combining urban Medicaid platform with rural care for 250k members. Consolidation reflects Medicaid reimbursement pressure and provider shortages, driving demand for integrated care platforms.
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