value-based care

Three healthcare providers standing in the hallway of a clinical building looking at a tablet together
By  Jessica Hagen 12:44 pm April 22, 2024
Lumeris, a value-based care strategy, technology and operations company, announced it secured $100 million in an equity capital raise led by Deerfield Management.  Endeavor Health joined as a new investor, and BlueCross BlueShield Venture Partners, Sandbox Industries, Kleiner Perkins and JDLinx participated in the round. WHAT IT DOES The Missouri-based company strategizes with health systems and...
Three people standing in front of a large screen with a map of the world on it
By  Jessica Hagen 12:31 pm February 26, 2024
Healthcare data and analytics company Reveleer announced it secured more than $65 million in a funding round led by Hercules Capital. WHAT IT DOES Reveleer offers a payer-focused, AI-enabled workflow, data and analytics platform with offerings pertaining to risk adjustment, quality improvement and member management with the objective of advancing value-based care. The company also provides...
Healthcare provider looking at a tablet in the hallway of a large building
By  Jessica Hagen 01:12 pm January 31, 2024
Valendo Health, a diabetes-focused, value-based endocrinology company, announced its launch with $4 million in seed funding and two providers.  The company, built out of Redesign Health, aims to increase revenue for endocrinologists while assisting with the transition to a value-based care model.  It offers telehealth and remote patient monitoring services with diabetes care clinicians, an...
Two people standing in front of a window shaking hands with six other people watching
By  Jessica Hagen 11:34 am October 10, 2023
Hemant Taneja, CEO and managing director of venture capital firm General Catalyst, and Dr. Marc Harrison, former CEO of Intermountain Health, announced the formation of a new business venture owned by General Catalyst dubbed the Health Assurance Transformation Corporation (HATCo) that will see Harrison as its CEO. The pair also announced the intent to buy a health system that will put technology...
Three healthcare providers sitting together looking at a tablet together
By  Jessica Hagen 02:14 pm September 12, 2023
Walgreens announced it is partnering with Pearl Health, which offers a technology platform for primary care practices in value-based care arrangements, to expand value-based care options in collaboration with primary care providers.  Pearl Health offers a technology platform for primary care providers participating in Medicare's ACO REACH model. The platform includes data visualizations and...
Healthcare provider speaking to a patient while smiling
By  Jessica Hagen 03:43 pm June 23, 2023
Health technology company Aledade announced it scored a whopping $260 million in Series F funding. Lightspeed Venture Partners led the round, with participation from Venrock, Avidity Partners, OMERS Growth Equity and Fidelity Management & Research Company. According to Bloomberg, the latest funding round brings the company's valuation to $3.5 billion, aiding the company in achieving unicorn...
Two people looking at a board on a wall with numbers
By  Jessica Hagen 01:47 pm May 10, 2023
Babylon's stock price fell sharply after it announced plans to take the multinational digital health firm private, less than two years after the company debuted on the New York Stock Exchange.  Babylon also entered into an agreement with AlbaCore Capital LLP for a secured term loan facility for up to $34.5 million to support the company's plans to delist.  In the first quarter, Babylon reported...
An older person talking to a provider through a video chat on a tablet.
By  Amar Kendale 10:16 am April 14, 2023
We’re witnessing massive demographic and market shifts that will accelerate the race to value-based healthcare. Case in point: The Medicare Payment Advisory Commission (MedPAC) predicts that Medicare Advantage enrollment will soon eclipse traditional Medicare for the first time. With more people becoming eligible for Medicare than ever before, our healthcare system is experiencing the broad shift...
A businessperson talks with a doctor in a hospital board room.
By  Dr. Liz Kwo and Timothy Lee 09:53 am April 7, 2023
The change in reimbursement policies through the pandemic have made it possible to bill for services, such as virtual care, that were previously unavailable or highly restrictive to rural settings. Many digital health startups and companies see these policy shifts as an opportunity to attract new customers and potentially be reimbursed like an in-network provider. While companies are developing...
Healthcare provider looking at a tablet
By  Jessica Hagen 01:08 pm March 28, 2023
Wellvana Health, a value-based care platform for healthcare providers, garnered an $84 million capital investment, bringing its total raise to $140 million.  Heritage Group and Valtruis co-led the investment, with participation from Memorial Hermann Health System.  WHAT IT DOES The Nashville-based company offers health systems, independent primary care physicians and specialists guidance and...