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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 THEY DO
Vytalize Well being presents unbiased main care practices treating Medicare sufferers a value-based care platform with information analytics, together with information about their sufferers, observe, enrollment and funds.
The corporate additionally gives its shoppers with a digital in-home clinic that collaborates with the personal observe to assist handle high-risk populations.
“We’ve got a accountability to make sure the continued success of value-based care by constructing high-performing methods of care that actually advance high quality, enhance the affected person expertise, and are sustainable for suppliers and the system total. We consider main care is a key a part of the supply system and that we should shield and reward unbiased main 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, stated in an announcement.
MARKET SNAPSHOT
Medicare Benefit fashions that target value-based care have been shown to be more efficient and provide better patient outcomes, in keeping with a study commissioned by Optum. Buyers have also become more attracted to providers specializing in value-based care.
In April, Vytalize Well being introduced it had scored $50 million in Series 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 lately bought analytics platform Curia, and Pearl Health, a expertise platform for main care practices in value-based care preparations.
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