Houston-based Rosarium Health has developed a network of healthcare providers, specialized clinicians and contractors to help seniors, individuals with disabilities and their families design supportive and safe home environments. The Black-led company works through Medicaid and Medicare healthcare plans to assess homes and execute renovations and retrofits to make them safer and easier to navigate.
It has raised a $6 million seed equity round. Investors include ResilienceVC, Kalos Ventures, Rock Health Capital, Symphonic Capital, American Family Insurance Institute for Corporate and Social Impact, Black Tech Nations Ventures and The Council.
“A lot of healthcare conversations focus on hospitals, clinics, or technology platforms. But for millions of families, the most important place in healthcare is still the home,” said founder Cameron Carter. “We believe healthcare is moving toward a future where the home becomes a more reliable, coordinated, and human-centered place for care.”
Aging in place
More than 78 million Americans will need some type of specialized care by 2030, the company estimates. Nursing facilities, which can cost thousands of dollars per month, aren’t an option for many low- or middle-income households.
Rosarium aims to reduce burdens and caregivers and lower healthcare costs by helping more people age in place. Most of Rosarium’s clients are low-income households that qualify for both Medicaid and Medicare.
“This work matters most for the populations that can least afford a crisis,” wroteTahira Dosani of ResilienceVC.
Rosarium promises to assess patients’ home-improvement needs within a week and to complete renovations within six weeks, with no out of pocket costs to the patient. “This approach creates a flywheel that benefits every stakeholder,” including health plans, clinicians and families, Dosani said.
