Better Health Group Secures Capital Infusion for Expansion
Summary
The funding will support new risk-based payor partnerships, strategic acquisitions as the company expands operations to new states, and continued openings of de novo clinics.The latest round of financing follows a $500 million equity investment from Kinderhook Industries in December 2021. Our payor, provider, and investment partners recognize our long track record of success running a scalable, value-based care organization, said Mike Polen, CEO of Better Health Group. The approach helps our patients achieve better health, enables our providers to deliver higher quality and more personalized care, and gives our payor partners greater financial stability. The funding will support new risk-based payor partnerships, strategic acquisitions as the company expands operations to new states, and continued openings of de novo clinics.The latest round of financing follows a $500 million equity investment from Kinderhook Industries in December 2021. Our payor, provider, and investment partners recognize our long track record of success running a scalable, value-based care organization, said Mike Polen, CEO of Better Health Group.