Health Care Platform Vytalize Health Raises $100M

Value-driven startup Vytalize Health has received $100 million in funding. Monroe Capital and Enhanced Healthcare Partners led the round with North Coast Ventures.

WHAT IT DOES

Vytalize Health offers independent primary care practices to treat Medicare patients, a values-based platform with data analytics including their patient, practice, enrollment and financial data.

The company also provides its clients with a virtual home clinic that partners with private practice to help manage high-risk groups.

“We have a responsibility to ensure the continued success of value-based care by creating high-performing care systems that truly improve quality, improve patient experience, and are sustainable for providers and the system as a whole.

“We believe that primary health care is a key part of the health care delivery system and that we must protect and reward independent primary care physicians who provide patients with more evidence-based and effective care. In this results-driven environment, we can focus on real, proactive healthcare versus patient care and align our model with what is best for patients,” Faris Gavi, co-founder and CEO of Vytalize Health, said in a statement. .

MARKET REVIEW

Delivery-Oriented Medicare Advantage Models they have been shown to be more effective and provide better patient outcomes, according to a study commissioned by Optum. Investors have also become more attracted to value-based care providers.

In April, Vytalize Health announced that it had scored $50 million in Series B funding. In 2021, the company acquired MedPilot, a patient financial engagement platform.

Other companies looking to improve patient care include Aledade, which recently acquired an analytics platform. Curia and Pearl Health, a technology platform for delivering primary health care in a value-based care setting.

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texasstandard.news contributed to this report.

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