Cityblock Health Acquires Homeward Health and Secures $116M Funding to Expand Rural Healthcare Access
Cityblock Health, a company primarily focused on providing care for urban Medicaid and dual-eligible members, has announced its acquisition of Homeward Health. This strategic move aims to significantly expand Cityblock's reach into rural healthcare markets across the United States. The acquisition, an all-stock transaction with undisclosed financial details, will combine Cityblock's data and care-orchestration platform with Homeward's established rural provider relationships and care model. Concurrently, Brooklyn, New York-based Cityblock Health has secured a $116 million Series E funding round led by General Catalyst, bringing its total funding to over $900 million. The company, which launched in 2017 from Alphabet's Sidewalk Labs, focuses on delivering integrated health and social services to underserved communities, addressing social determinants of health such as transportation and housing. Cityblock currently serves nearly 200,000 members and has an annualized revenue of $2.2 billion, marking a 77% ye... 
