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Maureen Klein is a host of exceptional ability. 

All Investment Summaries

Reema Health

Reema’s team, known as Guides, provide in-person support, enabled by world-class technology, to help high-need Medicaid patients to address their most pressing needs.

Region: America

Sector: Health

LinkedIn: reemahealth

www.reemahealth.com

The Challenge

Medicaid provides health care to low-income Americans, but many Medicaid members struggle with health care access and other social and environmental challenges that exacerbate health outcomes. Social determinants of health — like housing, food security, employment, childcare, and other essential needs — all impact an individual’s health and well-being. Yet, low-income people often lack the resources to navigate these systems and access their critical services.

The Innovation

Reema offers Medicaid patients personalized, community-based support via text message, phone, and in-person service to help patients address their social determinants of health. By helping patients access services such as housing, food, and transportation, Reema improves their health and well-being and reduces costs for Medicaid plans.

Investment

Acumen’s investment will be used to help Reema launch its service with a large national Medicaid customer, including the cost of onboarding and servicing customers, administrative expenses and to pay team salaries, which includes hiring three engineers, two care team leaders and a data scientist.

Deal and Operational Metrics

$225,000 preferred equity

1 board observer seat

Anticipated Milestones

+  Raise next round in 18 months
+  Deliver results on first Medicaid contract
+  Launch in one additional state with current Medicaid customers
+  $1.25 million revenue
+  35% patient engagement

Impact

Poverty Focus

Reems focuses on the lowest-income and most vulnerable Medicaid patients.

Breadth

2,500 customers in next two years.

Depth

Potential to reduce hospital admissions by 30%1.

 1 Based on 2020 study of similar intervention: Evidence-Based Community Health Worker Program Addresses Unmet Social Needs and Generates Positive Return of Investment (2020).


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