Vitable Health’s Post

We’re thrilled to announce that we’ve closed our $10M Series A! This capital is not only a testament to the entire Rezilient team’s relentless commitment to our customers, partners, and the families we continue to serve, it also sets the foundation for growing our impact across more communities that are suffocating under the weight of the traditional U.S. healthcare industry. The round was led by Govo Venture Partners with participation from Bridge Ventures, Acorn Pacific Ventures, The Council, Jim McKelvey (Co-Founder of Block, formerly Square), Mark and Robyn Jones (Founders of Goosehead Insurance), Jeremy Friese, MD (Founder of Verata Health), and David Karandish (Founder of Answers.com). We’re going to use this capital to give more people access to quality, convenient healthcare — regardless of where they are on the economic spectrum — by scaling the results we’ve already seen in Missouri, Oklahoma, and Texas. Our goal from day one has been the same as it is today: flip the traditional healthcare model on its head and deliver care that centers a transparent relationship between patients and their care team, in the communities that are typically overlooked by the innovation economy. We’re building a truly tech-enabled system under one roof. Rezilient members can access all their care needs in one place: primary care, 73 types of specialty care, plus in-house labs, virtual care, and 24/7 messaging. The difference between day one and today is that hundreds of businesses have trusted us with the healthcare of their people. Find out more in our blog post: https://lnkd.in/eg-e9n2z

I could not be prouder of the entire Rezilient Health team. This is a testament to the grit and indomitable will that is required to truly innovate for those often overlooked by the innovation economy. With a much more effective commercial model that actually helps our physicians deliver better care, we are going beyond just solving short-term health problems, and creating the long-term doctor-patient relationships that are crucial for true value based care. Now the real work begins... do you think you have what it takes to change healthcare? Let's talk. https://lnkd.in/gmGm3jEC

Pulse 2.0 recently interviewed our CEO and Co-Founder, Antonio Moraes, to discuss how XP Health is transforming the $40 billion #VisionCare market. 📈 Highlights: ✅ Rapid Growth: From 10,000 members to over 400,000, serving companies like DocuSign, Sequoia Counseling, and Chegg. ✅ AI-Driven: Launching new features every two weeks for members to make vision care more accessible, seamless, and modern. ✅ A Bold Vision: Antonio’s drive to reinvent vision care is rooted in the belief that #EyeHealth is essential to overall well-being. Antonio shared, “Entrepreneurship is one of the hardest sports out there,” but moments like driving a box truck to secure XP Health’s first client make the journey worthwhile. 🚛✨ Discover how Antonio’s vision is shaping the future of eye care and redefining the vision experience: https://lnkd.in/e_xMRRs4. 

One of my proudest moments as an investor occurred today as Alaffia Health announced its series A because it shows how the Aperture® Venture Capital vision of multi-level, multi-generational #impactinvesting is succeeding in the marketplace. Here’s the model in its most basic form : ✅As diverse fund managers with meaningful capital to allocate, we are changing the VC landscape every day just by doing our day jobs. ✅As Black/Brown investors with ~40 years experience collectively, Aperture GPs have access to talent /excellence that others do not, so our portfolio *organically* is more inclusive by race, gender and geography even while optimizing for financial outcomes (all about the alpha). ✅Our most successful portco’s are using financial #innovation to solve market problems that impact underrepresented demographics and underserved communities. Alaffia Health is a shining example of the impact portion of our overall fund thesis, and we couldn’t be prouder of TJ Ademiluyi and Adun Akanni, MPH, PMP - the dynamic brother-sister founder duo whose vision we have steadfastly supported on their journey. Congratulations to TJ and Adun from William Crowder and myself, as well as the whole Aperture team- Marjorie King Philip McKenzie Yves Louis-Jacques Tanvi Lal Michelle Dhansinghani Lisha Bell Katie Kelly Amy Chung Cindy Chong, CFA Brian Fernandes-Halloran Monroe France Jayden Pantel Darren Herman Evan Wladis Neal Triplett Thomas Scriven Peter Ammon Irina Bit-Babik Tim Milanich Rob Rahbari

Living in regulated industries gives you an appreciation for truly innovative solutions. Eric Yen and Eilam Levitov are working on solving real challenges in one of the most important areas of day to day life: workers compensation. Anyone who has gone through opaque business processes while dealing with life-changing issues knows it’s miserable. I’ve helped countless teammates navigate various disability and workers compensation claims. When I met Eric I was immediately excited! Can we make this faster? More fair? Easier to navigate? Small improvements make huge impacts to people. Keep going, Stream! There’s many millions of us out there rooting for your success.

In this week's edition of the InnovationRx newsletter, Katie Jennings and I look at the surprising returns on healthcare software VC investments, the challenges facing crowdfunding models for healthcare payments, the rise of measles in Europe and more. https://lnkd.in/ggXUS8y6

Big news! We’re proud to announce our seed funding round of $5.3M led by Spark Capital and joined by Acrew Capital and TTV Capital, with participation from angel investors Sam Hodges, Chad Nitschke and Mike Rosengarten. This new infusion of capital, combined with our $1.5M pre-seed backing from Y Combinator, NevCaut Ventures, TTV Capital, and Jonathan Crystal, brings Stream’s total funding to $6.8M. We’re grateful for our investors’ continued support as we work to revolutionize the workers’ compensation industry. Stream is on a mission to help process workers’ compensation claims faster and more efficiently. 10 billion pages circulate in the industry each year, and 80% of an adjuster’s work day is spent reading files and writing summaries. We’re using AI to extract pertinent information, summarize medical records, and remove blank and redundant pages – saving our clients time, money, and resources. With this new capital, we’ll be expanding our product and customer success teams to ensure we deliver even more value to our customers. In the coming year, we plan to further enhance our AI-driven platform to meet the industry’s evolving needs. To learn more about Stream, check out our blog post below. https://lnkd.in/gwCrpX3B

Like so many great companies that have come before and so many that will surely follow, it is with profound gratitude and a mountain of sadness that I share that we have shut down Upside Health. I will deeply miss our products, Branch Health and Ouchie, and all they stood for. I am immensely proud of all our team was able to accomplish: - Supporting the lives of more than 30k people who lived in chronic pain. - Empowering physicians across the country to enhance their care, create practice efficiencies and drive new revenue in an environment that is rife with financial challenges.  - Advocating for – and then deploying – new insurance codes that required and reimbursed more mutli-discplinary pain care.   - Building a robust, scalable and immensely caring remote nursing and care management team. - Navigating and then clearing the FDA regulatory process. - Developing a revenue-generating business model in an environment where very few businesses ever break beyond ideation and pilots. To the patients, thank you for challenging us to create something meaningful and inclusive. Thank you for sharing your stories and trusting us to aid you on your journey. To our clients, thank you for innovating with us, for questioning the status quo in care and believing that better was possible. We were incredibly fortunate to work with inspiring investors dedicated to transformation, who were willing to take a chance on first-time (but certainly not last time) founders in an industry rife with slow sales cycles and delayed innovation, who taught us and pivoted with us and helped shape us into confident entrepreneurs.  Lastly, to our team. Over 8 years, I worked alongside so many talented individuals. How lucky I was, we were, to build together and I know we will again soon. Eight years is a long time and Upside Health was our third child – smack in between Maisie and June. All our early deals were closed with June strapped to my chest in an Ergo and Maisie filled envelopes with swag to our earliest customers. I loved sharing my challenges and successes with the guy across from me at our dinner table and problem solving on family vacations. I loved taking client calls on car rides and watching emergency bug fixes on anniversary trips. It is so wonderful to have had a business partner who believed in me even when I couldn’t believe in myself. What’s next? Jason and I are both consulting (me on commercialization and product, him in engineering leadership). We’ll continue to make meaningful progress in real estate until we can find our next disruptive project. With love, Rach Jason Trobman Kelly M. Wesley Stuckmeyer

➡ The post-employment process is one often marred with confusion and unanswered questions. When is an AI-powered platform helping guide recently offboarded employees through post-employment life and their healthcare coverage. 🌱 👉 It is split into two parts: a benefits suite working to find optimal healthcare options for employees, and an AI portal to help employees with common questions and resource guidance around post-employment. 💰 When works directly with companies to offer its services. 📈 Raised $4.6 million seed from B Capital , TTV Capital, Alumni Ventures, Network Ventures, Joyance Partners, and Enfield Captial Partners 👬 Andrew Hamilton - Co-Founder, CEO Daniel Wertheimer - Co-Founder, CSO Read the full article on our website 🦄👇

One of the biggest stories in the #PaymentIntegrity space right now is New Mountain Capital's merger of Apixio, Varis, and The Rawlings Group. It’s a move that feels familiar, echoing what we saw in the Revenue Cycle Management (#RCM) market, where private equity investment drove rapid growth and consolidation. Here's what’s happening in Payment Integrity: 1️⃣ Fast-Growing Market: The Payment Integrity market is growing at around 10% a year and is worth $8-9 billion in 2024. 2️⃣ Big Players and New Entrants: Cotiviti and Optum are major players, but the market is still fragmented with plenty of room for new companies to enter and grow. 3️⃣ AI is Changing the Game: AI and Generative AI are helping payers move from just recovering costs to avoiding them altogether. Many payers we’ve spoken to are eager to explore pre-pay solutions and see their potential. 4️⃣ Private Equity Money is Flowing: Similar to New Mountain Capital, KKR recently invested in Cotiviti, and ClarisHealth got backing from Pamlico Capital. Feel free to reach out to have a conversation! #PaymentIntegrity #Healthcare #PrivateEquity #AI #EverestGroup https://lnkd.in/eshQ8iTZ