202307 Jun

Upperline Health Raises $58.35 Million to Fuel Specialty Value-Based Care, Building on 300% YOY Growth

Summary

What they saw both at Aspire and in the data was the sicker patients tend to engage more frequently with specialists, oftentimes at the expense of seeing their primary care provider. Patients dont have to change their behavior to receive complementary health services, which can help mitigate complications that would traditionally land them in the ER. Upperline Healths specialty approach to value-based care is building momentum and delivering results: Serving 350,000 patients annually Enrolled 30,000 patients in Upperline Plus over the last eight months Established 122 Upperline Health clinics across 7 states (Alabama, California, Florida, Georgia Indiana, Kentucky, Tennessee) Reduced hospitalization spend by 30% Achieved 81/100 patient satisfaction score Despite 70% of healthcare providers being specialists, there has been little focus on value-based care arrangements with these physicians, said Marc Strauss, Managing Director at Crestline Investors. Founded in 2017 with the ambitious goal of changing specialty care, Upperline Health delivers a more efficient path for patients to receive consistent and effective treatment for chronic illnesses. Crestline specializes in credit and opportunistic investments, including financing and restructuring solutions for mature private equity funds.

Source: Vcaonline

Funding

$58.35M
Amount
Jun 07 2023
Date
-
Investor
Upperline Health
Company

Classifications

Companies