Reema Health Secures $19M in Series B Funding to Expand Care Navigation Services

NoahAI News ·
Reema Health Secures $19M in Series B Funding to Expand Care Navigation Services

Reema Health, a care navigation company specializing in complex patient populations, has raised $19 million in a series B funding round led by LRVHealth and Optum Ventures. The investment will fuel the company's expansion of partnerships and services, particularly in addressing the needs of Medicaid, Medicare, and dual-eligible patients.

Innovative Approach to Patient Care

Reema Health's unique model combines a digital platform with human community guides to provide comprehensive support for complex and marginalized patients. The company's services include:

  • Appointment scheduling
  • Prescription refill assistance
  • Referrals to social services
  • Virtual outpatient behavioral health therapy
  • Medication management through psychiatric nurse practitioners

Justin Ley, Reema's co-founder and CEO, emphasized the company's focus on building trust with patients. "We are often practicing in areas where making a hire is difficult. There's a shortage of providers," Ley explained. The company's community guides play a crucial role in establishing rapport with patients, enabling them to share vital information about their lives and health challenges.

Expansion and Impact

Over the past year, Reema Health has experienced significant growth:

  • Expanded from 4 to 14 markets
  • Plans to enter 3 additional states in early 2026
  • Initiated partnerships with commercial payers
  • Developing a new maternal health offering

The company's impact has been notable, with an analysis by Havarti Risk revealing:

  • 32% engagement with previously unengaged members
  • 22% reduction in emergency department visits
  • 23% decrease in total cost of care
  • 3.2x return on investment for health plan partners within the first 12 months

Future Directions and Industry Challenges

As Medicaid cuts loom on the horizon, Reema Health is positioning itself to address emerging healthcare challenges:

  • Exploring partnerships with providers, particularly those serving a high proportion of Medicaid patients
  • Developing maternity services to support mothers with mental health issues and addiction
  • Expanding behavioral health offerings for Medicaid members

Ellen Herlacher, partner at LRVHealth, praised Reema's approach: "Reema has proven it can make a significant impact by reaching and engaging people that health plans have previously considered unreachable. At a time where MCOs are under more financial and operating pressure than ever, Reema stands out as a trusted partner that can deliver real results."

As the healthcare landscape continues to evolve, Reema Health's innovative care navigation model and recent funding success position the company as a key player in addressing the complex needs of vulnerable patient populations.

References