How CareBridge Won Over Investors, MCOs in $140M Funding Round

CareBridge, a Nashville, Tennessee-based tech and telehealth startup, is tackling one of the hardest challenges in health care. And the moxie it takes to do so — and do so while taking on financial risk — has helped it woo investors to the tune of $180 million over two funding rounds. The latest funding round […]

CareBridge Lands $140M from Oak HC/FT, Group of MCOs to Expand Value-Based HCBS Model

Nashville, Tennessee-based CareBridge on Wednesday announced a $140 million funding round led by Oak HC/FT, with participation from “four of the nation’s five largest” Medicaid managed care organizations (MCOs). The home- and community-based services (HCBS) provider noted in a press release that it will use the funding to spread its value-based care model for Medicaid […]

Wayspring Raises $75M for Value-Based Substance Use Disorder Treatment

axialHealthcare — a Nashville, Tennessee-based substance use disorder (SUD) treatment company — has received a $75 million investment, along with rebranding itself to Wayspring. Founded in 2012, Wayspring is a value-based care solutions company that links prospective patients to providers of treatment services. Patients and providers are connected through a network of SUD treatment organizations, […]

InSight Telepsychiatry Merges with Regroup Telehealth

InSight Telepsychiatry and Regroup Telehealth have merged to form the “largest and most comprehensive telepsychiatry service provider” in the country, according to a press release announcing the news. Financial terms of the deal were not disclosed. Mount Laurel, New Jersey,-based InSight is a telepsychiatry company with more than twenty years of experience. It provides on-demand, […]