![]() “We are honored to help vaccinate the people of Los Angeles and San Mateo and continue to drive towards an end to the tragedy brought on by COVID-19.”Īs part of the Carbon Health Vaccinate platform, on March 11, 2021, Carbon Health launched Health Pass, the first HIPAA-compliant digital certification of COVID-19 vaccination status that is accessible to all patients who have been vaccinated at a Carbon Health–powered site, or who have received a prior vaccination from the Carbon Health network of private and municipal partners. Through this response-and the tremendous efforts throughout the past year-we have been able to truly live out our company’s mission of making healthcare accessible to everyone,” said Eren Bali, co-founder and CEO of Carbon Health. “We are simultaneously proud of and humbled by the response from our team and partners in the City of Los Angeles and the County of San Mateo to mobilize COVID-19 vaccinations for people who have been devastated by this pandemic. The company has supported the San Mateo County Events Center mass vaccination site as well as the San Francisco International Airport (SFO) location, among others, since February 2021. True to its mission to increase healthcare accessibility for everyone, Carbon Health has also worked with the City of Los Angeles, the Los Angeles Fire Department, and the non-profit CORE to power mobile clinics that deliver vaccines to vulnerable and hard-to-reach populations such as those who are unsheltered or cannot leave their homes.Ĭarbon Health has partnered with the County of San Mateo in Silicon Valley to administer vaccines to area residents. The partnership allowed the City of Los Angeles to increase its citywide capacity to administer up to 54,000 shots per day, and a total of over one million to date, across nine fixed mass vaccination sites and ten mobile vaccination clinics. Carbon Health’s partnership with the City of Los Angeles enabled one of the largest and most diverse metropolitan areas in the world to accelerate its vaccine rollout during a crucial time in the COVID-19 pandemic. With its innovative Carbon Health Vaccinate platform, Carbon Health is currently the only healthcare provider able to manage this level of high-volume vaccine administration, using unique technology to assist with high-throughput appointment booking, clinical decision-making support, liaising with insurance companies, and integration with state immunization registries. The company is honored to support local government partners who have taken an aggressive stance to end the pandemic with large-scale vaccination efforts. For all of 2022 and the first half of 2023, the company lost more money by one popular proxy for profits-earnings before interest, taxes, depreciation and amortization-than it generated in revenue for the period, according to the document.SAN FRANCISCO-( BUSINESS WIRE)- Carbon Health, a technology-enabled healthcare provider, announced today that it has played a key role in administering more than one million COVID-19 vaccines since it launched its vaccination efforts in January. Last year’s total revenue declined 23% from the prior year, and revenue in the first half of this year was lower than in the same period last year. ![]() Its Covid program revenue has gone to zero, according to the document. ![]() ![]() ![]() Now though, Carbon’s business is the one in need of urgent care. That summer, Bali raised hundreds of millions of dollars from investors at a roughly $3 billion valuation. In 2021, Carbon’s revenue quintupled from the previous year to nearly $230 million-with 60% of that coming from Covid testing and vaccination programs, according to an internal financial document viewed by The Information. The online education company he co-founded, Udemy, had gone public in 2021 at a $3.8 billion market value, and Bali was turning his focus to a startup he had formed in 2015: Carbon Health, a chain of urgent-care clinics that planned to use tech know-how to improve healthcare.Īt the time, Carbon’s business was surging due to the pandemic as patients flooded the company’s clinics and pop-up sites to get tested for Covid-19 and receive vaccines protecting them against it. Two years ago, Eren Bali was on top of the world. ![]()
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