Wellvana Health raises $84M to expand value-based care platform

1 minute, 30 seconds Read

[ad_1]

Wellvana Health, a worth-based treatment system for healthcare companies, garnered an $84 million money investment, bringing its overall increase to $140 million. 

Heritage Group and Valtruis co-led the expense with participation from Memorial Hermann Health System. 

WHAT THEY DO

The Nashville-based mostly company presents wellness devices, unbiased main treatment medical professionals and experts assistance and incentives to increase value-based mostly care versions utilizing instruments this kind of as knowledge analytics and population well being technological innovation. 

Wellvana will use the money to guidance its progress in U.S. markets. 

“We are taking a differentiated price-primarily based care strategy that only succeeds when two points align: details-driven technological know-how and significant-contact human engagement. Our product is doing the job price savings prices are sturdy for our medical doctor associates with enhanced affected person results and minimized in-individual ER admissions throughout every single market place. Most importantly, our medical professionals and their clients sense listened to, found and valued, renewing rely on in the American healthcare process,” Kyle Wailes, CEO of Wellvana, claimed in a statement.

Market place SNAPSHOT

Other corporations focusing on value-based mostly care include things like Canadian health tech organization PointClickCare, which obtained Patient Sample, a benefit-centered treatment electronic well being record and built-in care management platform, and New Jersey-based Vytalize Well being.

In February, Vytalize Wellbeing, which gives impartial key care procedures treating Medicare sufferers with a worth-dependent care system with info analytics, garnered a whopping $100 million in funding

Lyfegen, Aledade, Pearl Health and UpStream Healthcare also offer technology to help value-based mostly care providers. 

Stephanie Chia, Russ Hinz and Susan Tolin will give more depth in the HIMSS23 session “Fairness on Chicago’s South Facet: Related Care Technological know-how.” It is scheduled for Wednesday, April 19 at 1 p.m. – 2 p.m. CT at the South Building, Level 1, area S103.

[ad_2]

Source connection

Similar Posts