Gold Kidney Health Plan raises $60 million

Gold Kidney Health Plan closed a $60 million funding round led by private equity firm Chicago Pacific Founder.

The investment supports Gold Kidney’s Health Plan’s ability to offer new Medicare Advantage plan choices to patients with kidney diseases across the US using a unique Nephrology centric care model.

Currently, ESRD (End Stage Renal Disease/Dialysis) Medicare Advantage Chronic Special Needs Plan (C-SNP) plans are only available in 11 States. Fewer than 1% of Medicare beneficiaries with ESRD are enrolled in ESRD C-SNP plans. In Arizona, Gold Kidney is launching the only ESRD C-SNP plans available for Medicare beneficiaries living in Maricopa, Pinal, and Gila counties in 2023. As a Special Needs Plan, Gold Kidney can enroll patients all year round.

Gold Kidney was seeded by over 100 nephrologists discouraged with the limited Medicare plan options for their Chronic Kidney Disease and ESRD patients. Gold Kidney empowers nephrologists and Primary Care Physicians (PCPs) to provide the right care at the right time in the right setting for their patients.

“We are excited to partner with CPF in serving the underserved kidney patients today. CPF has an innovative business approach that serves both the care needs of our aging population and the financial returns for investors.” – Gold Kidney’s CEO Dave Firdaus.

Gold Kidney’s model of care is designed to provide kidney disease patients with a tech-enabled integrated plan that covers their healthcare needs. For example, Gold Kidney offers $0 copay dialysis and transportation benefits to help dialysis patients get their needed treatment and avoid emergency room visits.