RICHMOND, VA & NEW YORK, NY (January 8, 2025) — Virginia Care Partners, a large collaborative physician network affiliated with HCA Virginia, and Pearl Health, a leading provider of physician enablement and risk management technology and services, today announced their partnership to increase access to innovative value-based care models for primary care providers in the Richmond metropolitan area.
Virginia Care Partners (VCP) is the first successful physician-led collaborative serving Greater Richmond, with a network of approximately 250 primary care physicians and 700 providers across more than 40 medical and surgical specialties. VCP was established, in partnership with HCA Virginia, to help primary care providers increase financial stability through the delivery of high quality, coordinated care that addresses unnecessary costs and improves the overall health of patients.
Through its partnership with Pearl Health, providers in the VCP network will gain access to data insights, financial tools, provider enablement technology, and a broad range of services designed to help them succeed in value-based Medicare programs by delivering better, more proactive patient care.
HCA Virginia operates 14 hospitals, 8 freestanding emergency rooms, 27 outpatient centers, 23 imaging centers, and 13 urgent care centers in Virginia, making it the commonwealth’s most comprehensive provider network. HCA Virginia’s partnership with VCP to expand provider access to value-based care reflects its commitment to enabling physicians and care teams with innovative approaches to deliver care that improves patient experiences and quality of life in the communities they serve.
Pearl Health uses data science and technology to help healthcare providers identify patients who are likely to benefit from proactive attention, enabling care teams with insights to better manage large patient panels and deliver timely interventions. The company’s risk management services enable physician groups and health systems to optimize participation in value-based care programs. Pearl currently supports programs for Traditional Medicare, as well as Medicare Advantage, and will continue expanding support across programs and geographies in 2025 and beyond.
About Virginia Care Partners
Virginia Care Partners, created in 2012 by a group of physicians in the Richmond-metro area, manages value-based contracts for a physician-led network of medical practices. VCP is committed to helping physicians maintain financial stability through the delivery of high quality, coordinated care that addresses unnecessary costs and improves the overall health of patients.
Learn more at virginiacarepartners.com.
About Pearl Health
Pearl Health is powering the future of healthcare. Led by provider enablement, risk-bearing, and technology experts, Pearl offers software and services that help providers reimagine how they visualize, understand, and care for their patients. Pearl supports primary care organizations and providers in their transition to value-based care and surfaces data and insights that help them deliver better, more proactive care, decrease total cost of care across patient panels, and optimize performance in risk-bearing models like Medicare’s ACO REACH. Since its founding in 2020, Pearl has raised approximately $100M in funding from investors such as Andreessen Horowitz, Viking Global Investors, AlleyCorp and SV Angel, and has grown to serve providers across the United States.
Learn more at www.pearlhealth.com.
Pearl Health
Madison Klein
Head of Marketing, Pearl Health
562-310-6219
[email protected]
Pearl Health
Madison Klein
Head of Marketing, Pearl Health
562-310-6219
[email protected]
Savanna Sigler
Communications Specialist, Virginia Care Partners
804-877-2166
[email protected]
