Companies

Float Health

floathealth.com

Float Health provides on-demand home-infusion nurses for specialty-pharmacy patients receiving chronic-condition treatments.

HQSan Francisco, California, United States
Employees1-50
Jobs checked 4d ago
Specialization
Not classified
Business
Marketplace Operationand 1 more business values
  • Healthcare Delivery
Market
Healthcare
Ecosystem
Not classified
Customers
Enterprisesand 1 more customers values
  • Consumers
More details
Organization type
Commercial Company
Ecosystem
Not classified
Business
Marketplace Operation, Healthcare Delivery
Specialization
Not classified
Market
Healthcare
Customers
Enterprises, Consumers
Delivery models
Professional Services, Hosted Software
Revenue models
Not classified
Listing status
Not classified
Latest equity round
Series A
Reported funding amount
Not classified

About

Float Health operates an on-demand home-infusion nursing marketplace and technology platform that connects specialty pharmacies’ patient referrals with qualified nurses for chronic-illness treatments. It sells primarily to specialty pharmacies and differentiates through hospital-experienced nurses plus software for staffing, scheduling, charting, and reimbursement, helping pharmacies lower operating costs and improve medication adherence.

Market

Float competes in the specialty-pharmacy and home-infusion nursing services market, connecting pharmacies and patient referrals with qualified nurses for in-home treatment. It differentiates from traditional in-house teams and agency-based models through an on-demand marketplace, AI-assisted nurse sourcing within minutes, integrated EMR/mobile documentation, and reported average nursing-cost savings of 23–25% versus in-house staffing. Several large providers listed here may also be Float customers or partners, so the competitive set includes overlapping providers rather than exclusively adversarial competitors.

Target Customers

Float Health primarily serves specialty pharmacies, especially established regional and national operators managing home-infusion referrals and nursing coverage. Its likely buyers are pharmacy operations, clinical-services, and care-coordination leaders seeking faster nurse placement, lower staffing costs, streamlined documentation, and improved reimbursement workflows.

At a Glance

Problem

Specialty pharmacies often receive prescriptions for home infusions but lack a fast, reliable way to staff the nurse visit. The pain is operational and economic: pharmacies may rely on paper systems, outdated EMRs, physical Rolodexes, and sticky notes to manage referrals, nurse availability, rescheduling, and documentation. When a nurse cannot be sourced, a prescription may go unfilled or a patient may need treatment in an overcrowded hospital instead of at home. The central use case is therefore helping a specialty pharmacy turn an inbound infusion prescription into a completed, properly documented home visit.

The economics are meaningful for all sides. Float says its marketplace costs 23–25% less than in-house nursing, while home infusion can reduce healthcare costs, improve patients’ quality of life, and open hospital capacity. For nurses, the alternative to long hospital shifts is flexible, shorter home visits that Float says pay 1.5–2 times hospital rates.

Product / Service

Float Health is an on-demand home-infusion nursing marketplace and specialty-pharmacy workflow platform. A pharmacy sends a patient referral to Float; Float uses its network and AI-powered platform to source a qualified local infusion nurse, coordinate the visit, and support charting and reimbursement. Nurses are notified of available home visits and choose the assignments that fit their schedules. The service is designed for clinical work such as IV starts, port access, and administration of biologics, biosimilars, chemotherapy, and routine medications.

The platform extends beyond matching. Float provides scheduling, nurse vetting, mobile EMR charting, compliance support, invoicing, and documentation from referral through reimbursement. Its stated benefit is faster fulfillment—minutes rather than days or weeks—along with better visibility for pharmacies, less administrative friction, lower staffing costs, and care that keeps patients out of hospitals.

Market

Float competes in healthtech at the intersection of specialty-pharmacy infrastructure, healthcare staffing marketplaces, and alternate-site or home-infusion services. Its most direct alternatives are traditional in-house nursing, legacy nursing sources, manual pharmacy workflows, and established home-infusion providers. Market overviews name providers such as Option Care Health, Coram, Medix Infusion, and CVS Health among broader home-infusion competitors, although Option Care and CVS are also listed as Float customers, suggesting that some large providers may be customers, partners, or competitors depending on the service layer.

The evidence indicates that Float is commercially active rather than pre-revenue, although the sources do not disclose revenue. Float reports customers including Optum, CVS, Option Care, AllianceRx Walgreens, Kroger, KabaFusion, Soleo Health, NuFactor, Care Fusion, and CA Specialty Pharmacy; it also reports a 98–100% weekly staffing rate and staffing in minutes instead of days to weeks. The company was founded in 2021, joined Y Combinator’s Winter 2022 batch, and announced a $10 million Series A in March 2024, bringing total funding to $15 million. Its cited operating footprint included California, Arizona, Texas, Washington, and Nevada, with additional markets expanding.

Founders & Leadership

Ryan JohnsonFounder
CEO
Christy JohnsonFounder
COO
Daniel PupiusCTO

Funding History

2022-03
Seed$500K

Y Combinator

2023-07
Series A$10M

Canvas Ventures

Recent News

2025-11-21other
Float Health Achieves SOC 2: The New Standard for Safe, Scalable Home Infusion Nursing

Float Health announced that it achieved SOC 2 certification, emphasizing enterprise-grade security, compliance, clinical safety, and patient trust. The certification supports its role as a secure nursing partner for specialty pharmacies and providers scaling home-infusion programs.

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Business Model

Float earns revenue by providing nursing services and related technology and operations to specialty pharmacies, which send patient referrals for home-infusion visits. Its offering combines nurse sourcing with scheduling, vetting, charting, invoicing, and reimbursement support; specific pricing or fee structures are not disclosed.

Products

On-demand home-infusion nursing marketplaceAI-enabled specialty-pharmacy portalIntegrated EMR and mobile nurse chartingAutomated scheduling, documentation, medication coordination, and reimbursement workflows

Customers

OptumCVSOption CareAlliance RX (Walgreens)KrogerKabafusionSoleo HealthNuFactorCare FusionCA Specialty Pharmacy

Tech Stack

AI-powered nurse-matching and workflow automationIntegrated EMR with mobile chartingAmazon CloudFrontAmazon S3HubSpotSlack

Competitors

Naven Health
Orsini
MedLife Infusion
Option Care Health
Coram