GHA Announces New Buy-Side Engagement: Leading Provider of In-Home, On-Demand Urgent Care

May 11th, 2020

GHA to Provide Partnership and Acquisition Advisory Services to Ready Responders, a Leading Provider of In-Home, On-Demand Urgent Care

Global Healthcare Advisors, LLC (“GHA”) today announced it has been retained by Ready Responders, an on-demand healthcare service that provides non-emergent care in patients’ homes, supported by telehealth. Ready Responders is backed by GV (formerly Google Ventures) and Deerfield Management, which recently led its $48 million Series B financing round to quickly expand Ready Responders’ clinical model nationwide, amidst the burgeoning COVID-19 pandemic, among other initiatives.

With its unique, on-demand healthcare platform, Ready Responders enables patients to forego potentially avoidable emergency room, clinic, and hospital visits by sending certified health professionals to care for patients directly in their homes. Once in a patient’s home, the Responders, composed of EMTs, paramedics and nurses, can connect the patient with a licensed healthcare provider via telehealth. Unlike traditional emergency services, Ready Responders monitors and conducts follow-up visits with patients, whether by phone, in-person, or via its telehealth platform, reducing hospital readmissions and emergency room utilization.

The delivery model is particularly important during the COVID-19 pandemic, in which hospitals and emergency departments can easily become overwhelmed. Ready Responders now has access to in-home COVID-19 tests and has begun a collaboration with the state of New York to provide health care services and COVID-19 testing to people living in New York City public housing. The Company is expanding its services to Baltimore, Washington D.C., and Los Angeles in May and major urban centers in Florida, Pennsylvania, and Texas in the near future.

Ready Responders is also caring for patients with ailments unrelated to the pandemic who are unable or unwilling to access traditional healthcare institutions. Ready Responders treats common non-emergency ailments including cold and flu symptoms, ear, nose, and throat issues, skin issues, and gastrointestinal issues.

To provide care and telehealth services to patients in their homes, Ready Responders is seeking to partner with primary care physicians and practices.

GHA will assist Ready Responders in pursuing these arrangements and will provide advisory services in the identification, analysis, negotiation, and consummation of partnerships.

“At GHA, we recognize the critical importance of the healthcare industry, which has never been more apparent than at this particular moment in history. We welcome the opportunity to work with Ready Responders to help the company quickly expand and scale its operations to confront COVID-19 in the United States,” said Larry Carter, Managing Partner at GHA. “We look forward to assisting them in easing the burden on the hospital system, offering a path to primary care physicians whose practices have been threatened by this pandemic, and most importantly, caring for patients in their homes. We encourage you to reach out to us should you know of an opportunity that might fit our mandate.”

For more information about how Ready Responders is responding to COVID-19, visit www.getready.com or follow Ready Responders on LinkedIn, Twitter and Facebook.

About Global Healthcare Advisors, LLC

Global Healthcare Advisors (GHA) is a boutique investment bank focused exclusively on buy-side acquisition advisory services in the healthcare industry. GHA has extensive experience aiding strategic companies and financial sponsors in executing transactions across a variety of healthcare verticals. Our team combines research with a vast rolodex and extensive M&A experience to provide clients with actionable proprietary deal flow.

About Ready Responders, Inc.

Ready Responders is an on-demand health service that delivers care where and when patients need it. It accomplishes this with a team of highly trained Responders composed of paramedics, EMTs and nurses who are on-scene and backed by certified clinicians through telehealth and other technologies to deliver specialized visits in the safety of a patient’s home or community. Its multidisciplinary teams address the physical, mental and social health needs of patients while also considering the effects of their environment. Covered by all insurance types, Ready Responders’ model serves as a convenient, fast and affordable solution to reduce overall health costs and deliver more positive health outcomes.
To learn more, visit www.getready.com.

For inquiries or more information, please contact Larry Carter, Managing Partner, at (786) 209-2340 or lcarter@ghadvisors.net.