PHOENIX, December 19, 2022 /PRNewswire/ — Rise Health, a primary care platform that uses technology to operate and support value-based primary care clinics, today announced the closing of a growth equity investment from Lorient Capital and Martis Capital to support continued expansion on the market.
Rise Health was founded to accelerate the adoption of value-based primary care to help primary care physicians help their patients receive the best care possible. Rise Health provides its primary care practices with access to premium care delivery models and top-tier specialists to reduce practitioners’ administrative burden so they can focus on delivering high-quality, evidence-based care for their patients. The technology model allows Rise Health to focus on outcomes and quality of care rather than volume of services, focusing on serving underserved patient populations.
“We co-founded Rise Health because we believe that primary care physicians know best how to care for their patients. Our value-based model brings the business of primary care into the best interest of patients,” said Justin Dangel, co-founder and chairman of Rise Health and partner at Despierta. “We couldn’t be more excited to partner with two world-class firms that share our vision for the future of primary care: Lorient and Martis Capital.”
“We are excited to partner with an innovative and experienced management team at Rise Health who have spent their careers dedicated to clinical and operational excellence,” they said Jordan Broome, managing partner at Lorient Capital. “We have a shared vision to usher in the next generation of value-based care that is focused on partnering with primary care practices to help them evolve into the pillar and advocate of the continuum of care that they were always meant to be.” be.”
“This is an opportunity to partner with a unique value-based platform focused on reducing healthcare costs while delivering high-quality patient care,” said Barry Offoff, Founder/Managing Partner at Martis Capital. “The Rise team has a clear vision of how their differentiated approach and technology infrastructure can address this long-standing challenge.”
The partnership will allow Rise Health to accelerate growth across the country Southwestern United States, with a focus on partnering with providers interested in eliminating unnecessary costs and improving the quality of care for their patients. Rise Health will continue to invest in technology to lower the cost curve and meet the needs of a growing patient population.
“We founded Rise Health because we believe that everyone should have access to high-quality healthcare and that empowering primary care clinicians with the tools, technology and data to lead the transformation to value-based care is the best way to remove barriers for traditionally underserved neighborhoods,” said Keith Pinter, CEO and co-founder of Rise Health. “The team we have built so far, including Dr. Mike Phillips as our Chief Medical Officer and Dr. Srinivas Bollimpalli as our COO, is taking the best of what they’ve seen in healthcare today and bringing it together to deliver a fundamentally different model to the people who need it most. The partnership announced today is a testament to the confidence we have in the future impact Rise will have on the industry and for our patients.”
About Rise Health
Founded in 2021 by Keith Pinter, Justin Dangel, Joseph Winter and Despierta, Rise Health is a primary care platform that uses technology to support providers in taking full financial risk. With a mission to help patients be healthy, Rise offers proven care delivery and clinical innovation to its patients to ensure they receive the care when, where and how they need it. To learn more about Rise Health’s approach to primary care, visit us at: https://risehealth.net
About Lorient Capital
Lorient is a private equity firm focused exclusively on healthcare and technology companies. Leveraging its experience as both an investor and healthcare operator, Lorient works with founders and management teams to drive growth, optimize operations and improve healthcare outcomes. Visit us at: https://lorientcap.com/
About Martis Capital
Located in San Francisco, California and Washington, Martis Capital is a team of investment professionals who share a passion for helping build companies that strive to improve the quality of care and address the complex challenges facing the healthcare industry today. Martis seeks to identify outstanding investment opportunities and achieve shared growth goals with founder-led companies and management teams. Martis Capital has approx 2 billion dollars in assets under management and is currently investing from its fourth fund. Visit us at: https://martiscapital.com
wake up Miamibased venture studio that brings healthcare innovations to market faster by partnering with clinical customers at launch. The company is comprised of experienced entrepreneurs and investors passionate about making healthcare more equitable, efficient and affordable. We centralize care models and incorporate proven technical and scientific innovation into every company we build to better serve patients. To date, the company has launched several businesses in value-based care and science-backed consumer health. Visit us at: https://despierta.vc
Rise Health Public Relations
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SOURCE Rise Health