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Vytalize Health Raises Over $50M Series B To Advance Value-Based Care

Vytalize Health Raises Over $50M Series B To Advance Value-Based Care

04/11/22, 8:00 AM
Money raised
$50 million
Round Type
series b
Vytalize Health, a leading value-based care platform for seniors, announced it has closed over $50 million in Series B financing led by Enhanced Healthcare Partners. The company will use the new capital to continue investing in its care delivery infrastructure, partner with Medicare Advantage and commercial plans, and expand its team. The round was also joined by Series A lead Kittyhawk Ventures, as well as Kawn Ventures, North Coast Ventures, and other existing investors.

Company Info

Company
Vytalize Health
Additional Info
The company will use the new capital to continue investing in its care delivery infrastructure, partner with Medicare Advantage and commercial plans, and expand its team. The company is expanding into new markets while increasing the concentration of practices in existing ones and has begun contracting with regional and national Medicare Advantage plans. "We have been actively searching for the right Medicare at-risk platform for the past 18 months. The company developed a vertically integrated solution combining a risk-bearing entity, virtual and in-home clinic, and broad technology platform, which they then began offering to other primary care practices in 2017. Today, the company leverages this dynamic approach to support physicians caring for 130,000 senior patients. The company is now integrating the rest of the downstream network, including hospitals, specialty networks, ancillary providers, and digital health companies, to streamline the delivery ecosystem from end to end. The firm seeks to invest in companies between $50-$250 million in enterprise value, driving deep partnerships with management and founders to catalyze growth and build great organizations. Vytalize Health started as a Medicare-focused primary care practice in New York in 2014. Vytalize Health is a leading value-based care platform helping primary care doctors strengthen relationships with their patients through data-driven, holistic, and personalized care.