Home Health News Worth-based care platform Vytalize Well being raises $100M

Worth-based care platform Vytalize Well being raises $100M

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Worth-based care platform Vytalize Well being raises $100M

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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 IT DOES

Vytalize Well being provides 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 supplies its shoppers with a digital in-home clinic that collaborates with the personal observe to assist handle high-risk populations.

“We’ve a duty to make sure the continued success of value-based care by constructing high-performing techniques of care that actually advance high quality, enhance the affected person expertise, and are sustainable for suppliers and the system total.

“We imagine main care is a key a part of the supply system and that we should defend and reward unbiased main care physicians who ship extra data-driven and efficient care to sufferers. On this outcome-based setting, we are able to deal with 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 a press release. 

MARKET SNAPSHOT

Medicare Benefit fashions that target value-based care have been shown to be more efficient and provide better patient outcomes, in accordance with a study commissioned by Optum. Traders 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 firms aiming to enhance value-based care embrace Aledade, which not too long ago bought analytics platform Curia, and Pearl Health, a expertise platform for main care practices in value-based care preparations.

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