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Uber to buy logistics company Transplace for $2.25 billion In 2040, You May Drive a Car That Looks Like This Michigan man pleads guilty to crashing into, killing bicycle-riding teenager Lightyear One to be manufactured in Finland by Valmet Automotive Vehicle submerged in Colorado pool inspires perfect response from local police The scorching hot used car market may finally be cooling off Chippewa Falls man helps others one bicycle at a time Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles DC police ask for help to ID vehicle used in shooting death of 6-year-old EV Stocks Could Fly This Summer
Jun
2021
25

Ride Health Raises $10 Million to Scale National Medical Transportation Platform

NEW YORK, June 21, 2021 /PRNewswire/ — Ride Health, providing smarter transportation for every patient need, today announced the closing of a $10 million funding round led by Topmark Partners. The round also includes equity investment from new investor Excelerate Health Ventures and debt financing from Bridge Bank, alongside participation from all members of the existing investor syndicate led by Activate Venture Partners and Newark Venture Partners. The funding follows a record year of growth for Ride Health in 2020, which saw the business expand operations into 41 states while growing more than five-fold in response to an increased need to support at-risk and underserved populations’ access to medical care and social services.

Ride Health was founded to modernize the non-emergency medical transportation (NEMT) industry’s analog approach to ride coordination, offering an end-to-end transportation solution that automates trip scheduling, ride communications, and benefit management across a national network of ride-hailing services, taxi companies, and NEMT providers. The company partners with health plans, healthcare providers, and life sciences organizations to manage transportation benefits and enterprise programs focused on improving clinical outcomes for populations facing transportation barriers.

Ride Health’s web-based platform is built on deep integrations with the dispatch software used by transportation providers today, allowing the product to provide real-time visibility across the spectrum of vehicle types and service levels required to serve complex populations effectively. The company leverages these inputs to support data-driven approaches to benefit design, performance management, and ride interventions that align NEMT market incentives, reduce administrative burden, and improve patient experience.

“The dispersion of care toward home and community-based settings has accelerated over the past year, with seamless mobility for patients and staff emerging as key infrastructure,” said Imran Cronk, CEO and Founder of Ride Health. “Our patient-centered and agile approach has positioned Ride Health to lead in this future. We are excited to have the support of our partners and investors in accelerating our mission to ensure every patient has access to care and social resources.”

Ride Health plans to use the proceeds from this round to continue investment in expanding its national transportation network, benefit management system, and platform APIs that are central to enabling value-based approaches to transportation. The company’s industry-leading mobility infrastructure is enabling entirely new ways to offer patient transportation, from claims-driven benefit structures with dynamic ride authorizations to cross-organization benefit awareness allowing health plans to put ride coordination in the hands of clinical staff closest to a patient.

“Ride Health is bringing a technology-enabled approach to a vital component of our healthcare system,” said Brian Model, Managing Partner, Topmark Partners. “We are eager to provide our support for their market-leading product as they continue to transform this fast-growing industry reliant on outdated systems and manual workflows.”

About Ride Health
Ride Health partners with healthcare organizations and transportation providers to manage transportation benefits, strengthen enterprise transportation programs, and improve access to care and social services for complex populations. We blend technology and data with a

Apr
2020
12

Community raises money to replace stolen bicycle for man

PHOENIX — Countless Americans are not working after layoffs, closures, and cancellations as the country battles to flatten the curve of COVID-19 cases. 

One industry where people are still working and even still hiring workers is grocery stores.

In fact, a 33-year-old man with cerebral palsy, who is legally blind and has a cognitive disability, recently started a new job at the Fry’s on 40th Street in Chandler.

Travis Faust gets to and from his new job on an adult three-wheeled bicycle. When he walked outside on his lunch break Monday, he found his beloved bicycle was stolen.  Faust said his bicycle was locked up with his helmet when he started his shift.

Stolen Bike

Schwinn

When he called home to tell his family about his missing bicycle, his sister, Brooke Henry, decided to post about the theft in an Ahwatukee Facebook page in hopes someone could help police recover it for her brother.

Stolen Bicycle post

Brooke Henry

“He was really upset so I decided to get on to post asking if anyone saw his bike to watch out for it. It’s his only means of transportation,” said Henry. “It’s gut-wrenching to think someone took this from him.”

Henry said she was surprised by the response to her post. Several people asked her to create a Gofundme because they wanted to contribute towards replacing the stolen bicycle, helmet, and lock.

“The outreach from the community just made me cry. It just blows your mind that people we’ve never even met share such generosity,” said Henry. “There are kind people still out there regardless of all the COVID 19 stuff going on. It was just amazing so we are so thankful for that.”

The money was raised to replace the stolen items within hours of the Gofundme being created.

“I don’t know how to stop the funds from coming but I had to tell people to stop giving. I mean it was incredible,” said Henry.  

Henry said thanks to the help from the community, not only will her brother not go without his beloved bicycle but the family is also going to attach a tracking device to the new bicycle.

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