Kain Capital Invests in Essen Health Care to Increase Access to Healthcare in the Bronx
Summary
This is the third primary care/multi-specialty care group investment for Kain Capital.The funding will allow Essen to open new clinics to expand medical coverage across the Bronx, a large, underserved market with a substantial poverty rate and 80% fewer physicians than Manhattan, despite a similar population size. Kains investment will enable Essen to build on this foundation and continue to transition to a value-based care model. "Kain Capital shares our commitment to health equity, and we are thrilled to have them as a partner," said Dr. Sumir Sahgal, Founder and Chief Medical Officer of Essen. This partnership will help expand Essens outreach to a vulnerable population through increased access to all facets of healthcare and incorporating new technologies as part of overall and ongoing care management. The firm partners with founders and entrepreneurs seeking additional capital, technology capability and resources to enhance and grow their existing services.