Pearl Health, Inc.

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Pearl Health, Inc. - overview

Established

2020

Location

New York, NY, US

Primary Industry

Healthcare IT

About

Pearl Health, Inc. , based in the US, specializes in empowering primary care providers to excel within value-based care environments, offering advanced technology and comprehensive support services designed to improve both patient outcomes and financial performance. Founded in 2020, Pearl Health, Inc. operates from New York, US.


The company focuses on supporting primary care providers with innovative solutions in value-based care. Through its strategic initiatives, Pearl Health has secured a total of USD 55. 00 mn across several funding rounds, with the latest being a Venture Debt round of USD 20. 00 mn raised on January 26, 2023.


The company’s CEO is Michael Kopko, who, along with co-founders Daniela Parra, Jeffrey De Flavio, Kevin Ryan, and Sasikumar Muthu, has been instrumental in its growth. Pearl Health specializes in enabling primary care providers to thrive in value-based care settings through a suite of technology and support services. Their core offerings include a comprehensive platform that integrates financial models grounded in data analytics, actuarial expertise, and clinical insights. This platform empowers healthcare providers, particularly primary care practices and hospitals, to improve patient outcomes while enhancing financial performance.


Pearl Health's services are designed to streamline workflows, provide timely insights, and align incentives that reward healthcare providers for focusing on the right patients at the right time. Their products are primarily targeted at the U. S. healthcare market, specifically focusing on practices participating in Advanced Payment Models and the ACO REACH initiative within the Medicare framework.


Pearl Health generates revenue through partnerships with primary care practices and health systems, leveraging a subscription-based model that provides access to their platform and support services. Their transaction structure is designed to facilitate collaboration with these healthcare providers, enabling them to implement value-based care practices effectively. This typically involves financial arrangements that may include shared savings programs and performance incentives that align with patient health outcomes. By offering a suite of services that enhance operational efficiency and patient care quality, Pearl Health positions itself as an essential partner in the healthcare ecosystem, aiming to drive improvements in both patient health and financial performance for its clients.


In January 2023, Pearl Health, Inc. raised USD 20. 00 mn in Venture Debt funding, which is part of a larger USD 75. 00 mn Series B and debt funding.


The company plans to utilize this funding to expand its market reach, further develop its products, and establish new partnerships while broadening its product offerings. Pearl Health aims to enhance its capabilities and explore new geographic markets to better serve its clients.


Current Investors

Andreessen Horowitz, AlleyCorp, Viking Global Investors

Primary Industry

Healthcare IT

Sub Industries

Healthcare, Healthcare IT

Website

www.pearlhealth.com

Verticals

HealthTech

Company Stage

Series B

Total Amount Raised

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