NEW YORK, Oct. 31, 2022 /PRNewswire/ — Valera Well being, the main digital psychological well being supplier serving excessive acuity sufferers, introduced at the moment the closing of a $44.5M progress fairness elevate led by Heritage Group, a healthcare-focused non-public fairness agency, with participation from Cigna Ventures, Horizon Healthcare Providers and present buyers, which embrace Windham Ventures, AXA Enterprise Companions, Aquiline Expertise Companions, Trinnovate Ventures (BCBS AZ), Determine Eight Investments, Watershed VC, and Alsora Capital.
Valera Well being is a number one digital behavioral healthcare follow that delivers high-quality care to sufferers by a team-based mannequin that features licensed therapists, nurse practitioners, case managers, and psychiatrists. Valera companions intently with healthcare techniques and well being plans to ship complete scientific care to their sufferers and members. Valera is the one psychological well being supplier with a complete high quality technique primarily based on NCQA HEDIS measures with an emphasis on evidence-based remedy plans, which permits the follow to handle excessive acuity psychological well being sufferers.
“Valera’s potential to have interaction sufferers, enhance outcomes and scale back complete value of take care of populations starting from decrease acuity to the critically mentally in poor health inhabitants has established the follow as a frontrunner within the behavioral well being house,” stated Lauren Brueggen, Accomplice at Heritage Group. “We’re excited to companion with Dr. Thomas Tsang and your complete Valera Well being workforce as the corporate continues to extend entry to high-quality behavioral well being care and expands its deep partnerships with the main well being techniques and well being plans throughout the nation.”
Valera affords customized providers to everybody in want of psychological well being care, together with these in rural and concrete communities, and in supplier scarcity areas. It serves BIPOC and LGBTQ+ communities by culturally-intentional care and a various, multilingual supplier community the place greater than 50% of clinicians self-identify as Black, Hispanic, or Asian. Valera companions with well being plans and supplier teams that cowl over 50 million lives throughout a number of states.
“Valera’s give attention to evidence-based care and its holistic strategy to remedy permits suppliers to ship distinctive care, together with to people who undergo from excessive acuity situations,” stated Tom Richards, international chief for technique and enterprise growth at Cigna. “We stay enthusiastic about our relationship with Valera, and look ahead to serving to assist the corporate’s progress nationwide in order that they’ll proceed to supply the highest-quality scientific care to our most susceptible prospects.”
“We’re honored to companion with Heritage Group and to deepen our partnerships with Cigna, Horizon Healthcare Providers and Blue Cross Blue Protect Arizona,” stated Dr. Thomas Tsang, CEO of Valera Well being. “This financing will allow us to make high quality psychological well being care accessible for these most in want, together with these with severe and protracted psychological sickness.”
About Valera Well being:
Valera Well being is a number one behavioral healthcare follow that gives complete, longitudinal care delivered by a team-based care mannequin of coaches, therapists and physicians augmented by proprietary digital expertise and analytics. From remedy to medicine administration, sufferers with delicate despair to schizophrenia are handled with skilled care. A give attention to high quality has achieved excessive HEDIS scores and produced important outcomes. For extra info go to: www.valerahealth.com.
About Heritage Group
Heritage Group is a Nashville, Tennessee primarily based, healthcare-focused non-public fairness agency with greater than 35 years of expertise financing and working healthcare firms. Heritage has over $700 million of belongings below administration and seeks to make majority and minority investments in high-growth healthcare providers and healthcare expertise companies that tackle the challenges of the U.S. healthcare system. The agency’s restricted companions embrace among the main healthcare organizations within the nation, together with massive supplier techniques, payers, and healthcare service suppliers, which collectively function over 600 hospitals and insure greater than 45 million lives. For extra info, go to www.heritagegroupusa.com
Media Contact: Maor Cohen, [email protected]
SOURCE Valera Well being