![]() ![]() The Washington-based company has already established a presence in multiple western states and plans to expand into five new markets this year. Vera’s strong value proposition is resonating across a range of employer categories, from hospitals and educational institutions to government entities and industrial companies. We are excited to support Vera as it expands this innovative clinical model to new customers and patients.” LTP led a syndicate of investors, including Archimedes Health Investors, who will be represented on the Board by Managing Partner Harry Eichelberger, who added, “Vera’s next-generation approach to primary care delivery engages patients, empowers clinicians and lowers healthcare costs for its customers. Vera’s model moves a high-functioning primary care operation to a convenient location for employees and employs intense coaching and advanced behavior change methods to deliver incredible results for its patients and employer customers.” “Primary care in this country is broken,” said Jared Kesselheim, Managing Partner of LTP. With this investment and a seasoned team of industry experts on board supporting our mission, Vera is poised to change the convenience and quality of healthcare today.” “By creating a model that addresses social, mental, and physical health onsite for businesses, Vera is tripling the national average for employee engagement, and consequently, delivering a positive impact on the medical claims of our clients. “We are fundamentally changing the way healthcare is defined, delivered, and paid for, so we’re committed to expanding the availability of our solution to help more companies nationwide,” said Ryan Schmid, president and CEO of Vera Whole Health. Vera has achieved industry-leading rates of employee satisfaction and engagement through its proprietary whole health methodology while also demonstrating meaningful healthcare cost reductions for its employer clients. Vera Whole Health’s onsite clinic solution delivers convenient and high quality primary care that is a win-win for both companies and employees. The funding will help drive the company’s national expansion, while allowing them to continue enhancing the capabilities of its solution.Īccording to a recent report, employers expect health costs to continue rising by about 6 percent in 2017 and the majority of employees of large companies will see a five percent increase in premiums this year. Vera Whole Health, industry leader in employer-funded onsite primary care, announced today that it has secured $24 million in Series D funding, led by Leerink Transformation Partners (LTP) with participation from Archimedes Health Investors and continued support from inside investors.
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