March 28, 2023
Tea Leaves | Transition to Value
  • Wellvana Health, a value-based care technology company that assumes downside risk for partner physicians through an underwriting program, has reached $84 million in a series B round of funding. The investment was co-led by Heritage Group and Valtruis with participation from Memorial Hermann Health System. The round brings Wellvana’s total funding to approximately $140 million and will be used to support Wellvana’s continued growth in existing and new markets. Wellvana offers its clients data analytics and a population health platform, in-house clinicians and care coordinators, a coding and quality assurance auditing team, partner benefits focused on social drivers of health and other tools to close care gaps. (Articles here and here)