Upperline Health, Inc.

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Upperline Health, Inc. - overview

Established

2016

Location

Nashville, TN, US

Primary Industry

Healthcare

About

Upperline Health, Inc. is a US-based healthcare provider specializing in coordinated specialty medical treatment across various domains, including podiatry and chronic care management, to ensure comprehensive patient health and wellness. Founded in 2016 in Nashville, US, Upperline Health, Inc. operates as a provider of specialty healthcare services.


The company has executed 3 deals, with the latest funding round occurring on June 7, 2023, when it raised USD 29. 75 mn from Silversmith Capital Partners. To date, it has raised a total of USD 58. 35 mn.


The CEO is David Thorpe, and the company was established under the leadership of Stephen Nash, though no information is available regarding any prior companies founded by him. Upperline Health specializes in providing comprehensive medical treatment through a coordinated approach in specialty healthcare. The company focuses on several core areas including podiatry care, vascular care, chronic care management, and preventative health services. Their model emphasizes addressing the root causes of medical issues rather than merely triaging symptoms, ensuring that patients receive timely and effective care.


Upperline Health serves a diverse clientele, including Medicare and Medicare Advantage members, along with patients from various health plans across multiple geographical markets, specifically throughout the United States. The company operates over 150 locations nationwide, enabling access to their services for a broad patient demographic. Upperline Health generates revenue primarily through providing specialty medical services directly to patients and through partnerships with various health plans. The company utilizes a transaction structure that encompasses both B2B and direct-to-consumer models, facilitating care that is accessible and patient-focused.


Patients can benefit from a range of services, potentially including urgent care and same-day appointments. Revenue is derived from payments made by health plan members in addition to any applicable co-pays or deductibles, ensuring that patients can receive the necessary care without significant financial barriers. Specific pricing plans and service costs, although not disclosed, are integral to their business model, supporting the accessibility and affordability of their healthcare offerings. In June 2023, Upperline Health, Inc.


raised USD 29. 75 mn in venture funding to support its expansion in the accountable care organization reach initiative. The company plans to launch new products designed to enhance their service offerings while also targeting expansion into additional geographical markets across the United States. The funds obtained will be instrumental in fostering this growth, allowing Upperline Health to further its mission of delivering coordinated healthcare services.


Current Investors

Silversmith Capital Partners, Crestline Investors

Primary Industry

Healthcare

Sub Industries

Hospitals, Healthcare IT, Mental Health Services, Medical Software

Website

www.upperlinehealth.com

Verticals

HealthTech

Total Amount Raised

Subscriber access only

Upperline Health, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedOrlando Foot & Ankle Clinic, Inc.-
Add-onCompletedCambridge Foot and Ankle Associates, Inc.-

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