Hoboken value-based senior care platform Vytalize raises $100M in Series C funding

Vytalize Health on Wednesday announced it closed $100 million in funding led by Enhanced Healthcare Partners and Monroe Capital, with participation from North Coast Ventures.

The new capital will be used to accelerate the Hoboken-based care delivery model’s goal to advance responsible value-based care for seniors by strengthening primary care practices.

“We have a responsibility to ensure the ongoing success of value-based care by building high-performing systems of care that truly advance quality, improve the patient experience and are sustainable for providers and the system overall. We believe primary care is a key part of the delivery system and that we must protect and reward independent primary care physicians who deliver more data-driven and effective care to patients. In this outcome-based environment, we can focus on real, proactive health care versus sick care and align our model with what’s better for patients,” Faris Ghawi, Vytalize Health co-founder and CEO, said.

Vytalize Health partners with primary care practices for more than 250,000 patients in 36 states and offers evidence-based recommendations at the point of care. By delivering the right data at the right time in the workflow to physicians and their staff, Vytalize makes practices more efficient and effective. The platform provides financial incentives to practices that follow recommendations and drive better health outcomes for patients.