Worth-based care startup Vytalize Well being garnered a whopping $100 million in funding. Monroe Capital and Enhanced Healthcare Companions led the spherical, with participation from North Coast Ventures.
WHAT IT DOES
Vytalize Well being presents impartial major care practices treating Medicare sufferers a value-based care platform with knowledge analytics, together with knowledge about their sufferers, apply, enrollment and funds.
The corporate additionally gives its purchasers with a digital in-home clinic that collaborates with the personal apply to assist handle high-risk populations.
“We’ve a accountability to make sure the continuing success of value-based care by constructing high-performing methods of care that really advance high quality, enhance the affected person expertise, and are sustainable for suppliers and the system total.
“We consider major care is a key a part of the supply system and that we should defend and reward impartial major care physicians who ship extra data-driven and efficient care to sufferers. On this outcome-based surroundings, we are able to give attention to actual, proactive well being care vs. sick care and align our mannequin with what’s higher for sufferers,” Faris Ghawi, Vytalize Well being cofounder and CEO, mentioned in an announcement.
MARKET SNAPSHOT
Medicare Benefit fashions that target value-based care have been proven to be extra environment friendly and supply higher affected person outcomes, based on a research commissioned by Optum. Buyers have additionally change into extra drawn to suppliers specializing in value-based care.
In April, Vytalize Well being introduced it had scored $50 million in Sequence B funding. In 2021, the corporate acquired MedPilot, a affected person monetary engagement platform.
Different corporations aiming to enhance value-based care embrace Aledade, which just lately bought analytics platform Curia, and Pearl Well being, a know-how platform for major care practices in value-based care preparations.
