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Houston Startup Achieves $10M Funding to Support Rural Community Expansion

In order to achieve its objectives, a Houston-based firm that is creating a value-based primary care strategy has raised more funding. Hamilton Health Box disclosed the conclusion of a $10 million series. Sullivan Brothers, Memorial Hermann Health System, Impact Ventures by the Johnson & Johnson Foundation and Texas Medical Center Venture Fund participated in a funding round led by 1588 Ventures.

Dr. Toby R. Hamilton launched the business in 2019 and it plans to use the funds to support its growth into rural areas in order to better serve the residents in Health Professional Shortage Areas, or HPSAs. The business invented a unique “small footprint primary care delivery model,” which is thought to be appropriate for workplaces in rural areas, schools, colleges and office complexes. Affordable microclinics are “prefabricated facilities” with a mixed in-person and telemedicine care model, intended for primary care services.

Hamilton practiced medicine before founding Emerus Holdings, a network of microhospitals in the Houston area that was subsequently bought by private equity. The company was founded with the intention of providing high-touch care to 98 million Americans in HPSAs as soon as possible. The recently obtained money will help to achieve the goal. During the COVID-19 epidemic, the company was established. In order to offer primary care services at both new and current Federally Qualified Health Centers (FQHCs) in rural areas, HHB has formed partnerships with FQHCs.

“Hamilton Health Box was designed to deliver the lowest possible price for primary and preventative care,” Hamilton said in a press conference. “We built that to be able to take that care to the jobsite and meet the customer where they are.”

 

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