Elation Health Announces $50M Series D for Innovative Primary Care

Generation Investment Management and Ascension Ventures co-led the round for Elation’s primary care platform supporting practices in new payment models and more than 12.8 million patients Elation Health, the clinical-first technology company powering innovation in primary care, today announced a Series D financing round of $50 million. Generation Investment Management, a firm established in 2004 to back businesses driving sustainability, co-led the round alongside Ascension Ventures with participation from Threshold Ventures, Ascend Partners, and individual investors including Fay Rotenberg and Jonathan Bush. This new round brings Elation Health to $108.5 million in venture funding to date. Funding will be used to continue rapidly scaling Elation’s market reach and platform features for high-value primary care success in all settings. In addition to being a market leader for independent primary care practices — including those taking insurance, in risk-bearing contracts, and in the direct primary care setting — Elation is the operating technology for many of the largest and fastest-growing primary care innovators such as Crossover Health, Cityblock Health, and Firefly Health. Participant statements: Anthony Woolf, Growth Equity Partner at Generation Investment Management — “We believe Elation Health is powering primary care’s value-based future, which needs to be more physician-managed and patient-centric and less administratively driven. We need to move away...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: EMR-EHR Health IT Company Healthcare IT Anthony Woolf Ascension Ventures Elation Health Generation Investment Management Health IT Funding Health IT Fundings Health IT Investment John Kuelper Jonathan Bush Kyna Fong Source Type: blogs