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Inbound Health, a value-based care enablement platform for health systems with plans to provide at-home acute and post-acute care, has closed its doors amid regulatory uncertainty as well as unknowns around the extension of the Acute Hospital Care at Home (AHCAH) Waiver Program.
The news, originally reported by Axios, comes three years after the Minneapolis-based company spun out of healthcare system Allina Health with $20 million in funding.
Inbound worked with healthcare plans and health systems to develop acute and post-acute in-home advanced care programs, from creating a business plan to developing payment models and tech implementation.
The company also offered its Inbound InHome patient management and analytics platform, which helped identify, enroll and monitor patients, with integration into electronic medical records.
"This was largely due to regulatory uncertainty as demonstrated by the recent government closure and the lack of a long-term extension of the [Acute Hospital Care at Home] (AHCAH) Waiver Program," the company told Home Health Care News.
"That uncertainty made it impossible for Inbound to secure additional capital to continue normal operations. We are grateful to all of our employees, customers, and partners for their trust in Inbound and supporting our work over the last four years."
THE LARGER TREND
Yesterday, MobiHealthNews' sister publication Healthcare Finance News reported that the U.S. House of Representatives unanimously voted on legislation to continue acute hospital care at home.
On Monday, the House passed the Hospital Inpatient Services Modernization Act (H.R. 4313), which extends AHCAH) through 2030, and it now moves to the Senate for a vote. The Senate needs to vote to extend the program past the Jan. 30, 2026, deadline.
In September, more than 140 healthcare organizations, including more than 50 health systems, sent a letter to Congress urging inclusion of a five-year extension of the AHCAH waiver program in the September government funding package.
Earlier this year, New Jersey-based Valley Health System announced a partnership with Inbound Health to launch a hospital-at-home program in the summer.
Valley Health System said in a statement that the program would deliver high-acuity inpatient care to patients in their home.
Last year, Inbound Health partnered with SSM Health to bring in-home care to patients.
The first phase of the partnership began at SSM Health St. Mary's Hospital with the launch of the SSM Health at Home Program-Recovery Care at Home, which allowed select patients to be released for in-home care to receive the same services offered in a nursing facility.
The companies said they planned to expand their partnership to additional SSM Health hospitals across the Midwest later that year.
In 2023, Inbound Health announced the close of a $30 million Series B funding round, bringing its total raise to $50 million.
The round was led by HealthQuest Capital, with participation from existing investors McKesson Ventures and Flare Capital Partners.
