INSIGHTS
June 19, 2023

Reimagining physical space as care

Only 3.5% of all U.S. housing is considered accessible, despite the fact that three-quarters of Americans want to age at home—and the potential savings of aging in place safely and independently are significant. Older adult falls cost $50B each year, with 75% of those costs paid for by Medicare or Medicaid. Making homes more accessible can help—medically necessary home modifications enable longer, healthier independent living, reduce injuries, and can defer or even eliminate the need for costly, long-term facility-based care.

Recognizing a huge opportunity, Rock Health Capital is excited to announce our investment in Rosarium Health, a marketplace that enables individuals to find local home modification services for themselves and their loved ones. Rock Health Capital co-led Rosarium’s $1.7M pre-seed round with Primetime Partners alongside participation from Flare Capital. Rosarium connects occupational therapists (OTs) and home contractors with aging adults for medically necessary home modifications that enable aging in the home. The platform will reduce costs for payers, help OTs and contractors find new jobs, and simplify the consumer experience for patients. Check out Rosarium’s marketplace to learn more.

Headlines

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Uber Health Launches Grocery And OTC Item Delivery To Patient Homes Nationwide
Rideshare company also offers non-emergent medical transportation and prescription delivery HIT Consultant

Digital Therapeutics Get A Brand New Definition
Digital Therapeutics Alliance releases a new official definition of DTx Healthcare Brew

Simple HealthKit Inks Deal With Walmart To Expand Access To At-Home Tests
At-home diagnostic tests will be available through Walmart’s website Fierce Healthcare

Americans’ Use Of Healthcare Wearables Expanding Rapidly, Survey Finds
46% of respondents used consumer health technology in the past six months Healthcare Dive

Recent Funding