Health Enterprise Partners (HEP) is a healthcare private equity firm focused on health care services and information technology companies whose customers are typically hospital systems or health plans.

Health Enterprise Partners

Oxeon is an executive search and venture firm partnering with impactful growth stage healthcare businesses to solve our nation’s most complex challenges. We connect our healthcare company partners with the fundamental drivers of business growth: great people, transformational business development partnerships, strategic investments, next generation business ideas, as well as various advisory and other growth-related services. Oxeon's foundation is built on our deep relationships with leading companies and executives in healthcare IT and services. Through these relationships, we: - find the right leaders to drive business growth for our clients - connect companies across our network to build business - translate insights about unmet industry needs into new companies or products - invest at every step to ensure our interests are aligned with our clients and partners

Oxeon Partners

The Goldman Sachs Group, Inc. provides investment banking, securities, and investment management services, as well as financial services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Its Investment Banking segment offers financial advisory services, including advisory assignments concerning mergers and acquisitions, divestitures, corporate defense, risk management, and restructurings and spin-offs; and underwriting services comprising public offerings and private placements of a range of securities, loans, and other financial instruments, and derivative transactions. The company’s Institutional Client Services segment provides client execution services, such as fixed income, currency, and commodities client execution related to making markets in interest rate products, credit products, mortgages, currencies, and commodities; and equities related to making markets in equity products, as well as executes and clears institutional client transactions on stock, options, and futures exchanges. This segment also engages in the securities services business providing financing, securities lending, and other brokerage services to institutional clients, including hedge funds, mutual funds, pension funds, and foundations. Its Investing and Lending segment originates longer-term loans; and invests in debt securities, loans, public and private equity securities, real estate, consolidated investment entities, distressed assets, currencies, commodities, and power generation facilities. The company’s investment management segment provides investment products and services, as well as offers wealth advisory services, including portfolio management and financial counseling, and brokerage and other transaction services.

Goldman Sachs

[Cardinal Partners](http://www.cardinalpartners.com) is a venture capital partnership focused exclusively on healthcare investing.

Cardinal Partners

Morgan Noble is a group of partners that offer growth services to healthcare businesses.

Morgan Noble

Pamplona Capital Management LLP is a privately owned hedge fund sponsor. The firm manages hedge fund of funds for its clients. It invests in the public equity and hedging markets across the globe. The firm employs a bottom-up approach to select the fund of fund managers for its clients. Pamplona Capital Management was founded in 2004 and is based in London.

Pamplona Capital Management

Brighton Health Group is a company that accelerates business development by building infrastructure for scale and allowing mission-driven entrepreneurs to focus on the needs of all stakeholders. BHP is pioneering the ''Partner Equity'' strategy. With us, our sole focus is to improve healthcare by collaborating closely with mission-driven entrepreneurs. Designers work closely with our partners to accelerate growth and value creation.

Brighton Health Group

Privia Health

Privia Health™ is a technology-driven, national physician enablement company that collaborates with medical groups, health plans, and health systems to optimize physician practices, improve patient experiences, and reward doctors for delivering high-value care in both in-person and virtual settings. Its platform is led by industry talent and exceptional physician leadership, and consists of scalable operations and end-to-end, cloud-based technology that reduces unnecessary healthcare costs, achieve better outcomes, and improves the health of patients and the well-being of providers. Through its high-performance physician group (Privia Medical Group), accountable care organization (Privia Quality Network), and population health management programs, Privia works in close partnership with forward-thinking health plans and national payers to better align reimbursements to quality and outcomes. Privia’s proprietary cloud-based technology platform, combined with an innovative approach to patient engagement and physician-driven wellness, focuses on building a better healthcare delivery system and creating a healthier patient population. The company was founded in 2007 and is headquartered in Arlington, Virginia.

<div>Privia Health is a physician enablement startup that partners with medical groups, health plans, and health systems to enhance physician practices, enabling them to offer both in-person and virtual care. It offers technological enhancements that streamline care delivery throughout a patient's journey, population health management services, and administration tools.&nbsp;</div>

Membership-based, non-insurance healthcare companies helping maintain a steady state of well being.

Preventive Healthcare

Privia Health Reports Third Quarter 2024 Financial Results

Privia Health is a physician enablement startup that partners with medical groups, health plans, and health systems to enhance physician practices, enabling them to offer both in-person and virtual care. It offers technological enhancements that streamline care delivery throughout a patient's journey, population health management services, and administration tools.&nbsp;Privia is a wholly-owned subsidiary of Brighton Health Group Holdings, a Goldman Sachs-affiliated company.&nbsp;Key customers and partnershipsAs of May 2024, the company has more than 1,100 practice locations and more than 4,300 providers, covering 4.9 million patients.&nbsp;In <a href="https://www.prnewswire.com/news-releases/navina-and-privia-health-join-forces-to-empower-physicians-with-transformative-ai-technology-301927552.html">September 2023</a>, the company partnered with Navina to integrate Privia Health's network of physicians and providers with Navina's AI technology to enhance workflows, patient care, and value-based initiatives.Funding and FinancialsThe company began trading on Nasdaq in April 2021 under the ticker symbol “PRVA,” raising USD 448.5 million at IPO. The company announced an upsize in the pricing of its <a href="https://sp-edge.com/updates/18294">underwritten secondary offering </a>of 42.6 million common shares at a price of USD 22.00 per share.&nbsp;&nbsp;For FY2023, the company reported a revenue of USD 1.7 billion, increasing 22.2% YoY, and achieved a net income of USD 23.1 billion.

<div>
 
 Privia Health is a physician enablement startup that partners with medical groups, health plans, and health systems to enhance physician practices, enabling them to offer both in-person and virtual care. It offers technological enhancements that streamline care delivery throughout a patient's journey, population health management services, and administration tools.&nbsp;
 
 
 Privia is a wholly-owned subsidiary of Brighton Health Group Holdings, a Goldman Sachs-affiliated company. The company began trading on Nasdaq in April 2021 under the ticker symbol &ldquo;PRVA,&rdquo; raising USD 448.5 million at IPO. For FY2023, the company reported a revenue of USD 1.7 billion, increasing 22.2% YoY, and achieved a net income of USD 23.1 billion.&nbsp;
 
 
 Key customers and partnerships
 
 
 As of May 2024, the company has more than 1,100 practice locations and more than 4,300 providers, covering 4.9 million patients.&nbsp;
 
 
 In 
 <a href="https://www.prnewswire.com/news-releases/navina-and-privia-health-join-forces-to-empower-physicians-with-transformative-ai-technology-301927552.html">
 September 2023
 </a>
 , the company partnered with Navina to integrate Privia Health's network of physicians and providers with Navina's AI technology to enhance workflows, patient care, and value-based initiatives.
 
</div>

Cardiomo Care is developing noninvasive wearable devices to alert users and caretakers when there are abnormalities in the heartbeat. The company’s AI engine, trained on existing and growing data sets, can predict potential heart issues up to two hours before they occur, enabling early detection and intervention for arrhythmias and other cardiovascular diseases (CVDs).The company's product, CardiomoPatch, is a waterproof, wearable patch capable of long-term wear with a 10-day battery life. The patch monitors a patient's cardiac data, including ECG outputs, breathing, and skin temperature, and transmits the data via a mobile app for analysis by Cardiomo's AI engine.&nbsp;As of May 2024, the company is yet to commercialize its product and has over 1,600 pre-orders.

Cardiomo Care

Omada is a prevention-focused digital therapeutics startup that helps members achieve health goals through lifestyle changes. It offers four evidence-based, virtual prevention programs for managing hypertension, musculoskeletal (MSK) issues, prediabetes, and diabetes.Omada offers real-time data tracking through connected devices (such as wireless scales, blood pressure, and glucose monitors) and access to personalized coaching sessions via a mobile app as part of its prevention program. It also provides an online community of peers with similar health conditions to discuss challenges and provide support. In May 2021, Omada became the first fully-virtual healthcare provider to earn the National Committee for Quality Assurance’s Population Health Program Accreditation for its type 2 diabetes and type 2 diabetes + hypertension programs.Unlike its peers, Omada operates a performance-based business model where it charges clients an enrollment fee based on the number of users and a performance fee based on how much weight their employees lose. In May 2020, the company acquired virtual physical therapy startup Physera.Key customers and partnershipsAs of May 2024, Omada had more than 1 million members from more than 1,900 enterprise clients across all 50 US states. Its B2B employer and health plan client base include key clients such as American Eagle, Kaiser Permanente, Costco Wholesale, 3M, and Marvin. Additionally, the company has partnered with health systems and hospitals such as Intermountain Healthcare to provide its preventive programs as a covered benefit.In <a href="https://sp-edge.com/updates/15587">January 2023</a>, the company partnered with health service company Castell (a subsidiary of Intermountain Healthcare) to provide its diabetes programs to members from Intermountain Healthcare’s primary care providers in its Utah Medical Group. Further in <a href="https://sp-edge.com/updates/25245">January 2024</a>, the company partnered with Amazon to expand access to its cardiometabolic program.

Omada Health

VillageMD provides primary care services for patients. It also provides tools, technology, and staffing support needed for physicians to deliver high-quality services. VillageMD’s service delivery methods include traditional freestanding clinics, Village Medical at Walgreens co-located clinics, as well as at-home and around-the-clock virtual visits. It also leverages a team-based approach to care where physicians lead nurse practitioners, pharmacists, mental health specialists, and dietitians to offer a holistic care program. The technology of VillageMD includes docOS, an operating system that enables better patient care by connecting various clinical source systems with ongoing patient-generated data coupled with an AI engine to continuously analyze messages to enable patient self-care.The company made several acquisitions to expand its footprint: 1) <a href="https://sp-edge.com/updates/14347">Summit Health</a> for USD 8.9 billion in November 2022, 2) Healthy Interactions, an interactive patient education platform, in February 2022, and 3) <a href="https://sp-edge.com/updates/16968">Starling Physicians</a>, a primary care and specialty care provider, in March 2023.Key customers and partnershipsIn June 2020, VillageMD and Walgreens Boots Alliance announced a collaborative effort to open at least 600 Village Medical centers at Walgreens across more than 30 US markets by 2025. Walgreens invested USD 5.2 billion in VillageMD (from the previously announced USD 1.0 billion), raising its ownership stake to 63% (from 30%).However, as of May 2024, Walgreens had plans to close 160 VillageMD clinics as part of a cost-cutting plan.

VillageMD

Cityblock Health is a value-based healthcare provider focused on delivering comprehensive care to underserved communities, primarily Medicaid and lower-income Medicare beneficiaries. The company combines primary care, behavioral health, and social services to address the complex physical, mental, and social needs of its members.Cityblock's model involves partnering with local community-based organizations and deploying multidisciplinary care teams that include doctors, nurses, behavioral health specialists, and community health workers. These teams provide personalized care through 24/7 access to multi-modal care delivery, including in-home visits, telehealth, and community health hubs.The services of Cityblock are available to members at no additional cost if they are covered by an eligible health plan.Key Customers and PartnershipsAs of May 2024, the company’s services were available in seven states across the US and served over 100,000 members.In May 2024, it partnered with <a href="https://sp-edge.com/updates/29647">Sunshine Health</a> to expand to Florida, and, in <a href="https://sp-edge.com/updates/13270">September 2022</a>, it partnered with MDwise to expand into Indiana. Prior to that, the company had partnered with insurance providers such as ConnectiCare (Connecticut), Tufts Health Plan (Massachusetts), Emblem Health (New York), Healthy Blue (North Carolina), Molina Healthcare (Ohio) and CareFirst (Washington DC).Funding and FinancialsCityblock is a spin-off of Sidewalk Labs, an Alphabet company that incubates and invests in tech companies and products to improve urban infrastructure. It completed a USD 400 million Series D funding round led by Softbank in <a href="https://sp-edge.com/updates/5326">September 2021</a>, valuing the company at USD 5.7 billion. The funds were used to expand its services.

Cityblock Health

Everside Health (formerly Paladina Health) offers preventative care for chronic conditions and primary, mental and occupational healthcare treatments for acute conditions. Patients benefit from around-the-clock access to care, same-day or next-day appointments for in-person, and virtual care visits with zero copays.Everside aims to generate around 17% healthcare cost savings in three years and 31% in five years for its corporate members by leveraging a data-driven approach to care coordination.The company leverages data from past medical records, predictive analytics, and AI in the delivery of preventative care services.Founded in 2010 under the name Paladina Health, the company was rebranded in November 2020 as Everside Health following a merger between three primary care groups (Paladina, Activate Healthcare, and Healthstat). Furthermore, in February 2024, Everside Health merged with primary care provider Marathon Health to form a combined entity that would operate as Marathon Health, and, as of May 2024, the integration was ongoing.Key customers and partnershipPost-merger with Marathon Health, the combined entity would serve 2.5 million patients through over 680 clinics across 41 states.Funding and financialsThe company received its most recent investment in July 2022, amounting to USD 164 million in growth equity funding. The round was led by New Enterprise Associates (NEA). The funds were allocated toward growing its market presence and exploring opportunities for M&amp;A as well as to enhance and improve its product features. Additionally, the firm planned to expand its coverage of specialty care services aimed at individuals, employers, and union organizations.

Everside Health

Platforms offer a subscription-based or B2B-sponsored, evidence-based program for managing a specific long-term health condition.

DPCs offer value-based primary and preventive care services addressing whole-person (social, mental, physical) needs for a fixed monthly or annual fee paid by either the patient, insurance provider, or employer.

Companies offer B2B and D2C evidence-based treatments delivered via software programs to prevent and manage a variety of chronic conditions.

Tools that collect and analyze real-time patient data that supports healthcare providers with clinical decisions,  improves patient outcomes, and reduces medical errors.

Companies offer independent physician practices and hospitals with the tools (patient engagement, care coordination, administrative services) to help manage and improve clinical health outcomes of a defined group of individuals or large populations.

Platforms are used to track and gather patient health-related information via either a connected device or at-home test kits to detect the early onset of disease and identify any abnormalities in readings—but do not include a treatment plan.

To gather large amounts of real-time data for chronic care management, DTx, and patient monitoring

XR used by some startups for chronic pain management

Offers digital means of providing direct primary care, passive remote monitoring, chronic care management, etc.

AI/ML is used in predictive analytics, diagnostics tools, and population management

Offers tailored preventive interventions and treatments to the specific needs and characteristics of each individual

Privia Health has partnered with Navina to improve workflows and support value-based care. Through the collaboration, Privia Health's network will have access to Navina's AI technology, which can read and interpret patient data to generate clinical summaries and evidence-based recommendations. This collaboration aims to improve patient care and reduce administrative burden for physicians and providers.

Privia Health

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