NEW YORK, OCTOBER 11, 2023
Pearl Health, a leading technology company focused on physician enablement and risk bearing in value-based care, and Yuvo Health, a leading technology, operational, and administrative solution uniquely designed to give community health centers an advantage in value-based care, today have announced their partnership. By ensuring community-led providers have access to the same resources and capacity otherwise only accessible to large institutions, the collaboration ensures value-based care can be leveraged to address disparities, improve outcomes, reduce costs, and contribute to the long-term sustainability of safety-net providers.
“Yuvo Health is uniquely positioned to build capacity with FQHCs and ensure all patients receive high-quality, effective care,” said Cesar Herrera, CEO at Yuvo Health, which he launched in 2021 with a fully BIPOC founding team. “Partnering with Pearl Health enables our FQHC partners access to value-based care models for their Medicare population as well, allowing them to receive credit for their amazing work in treating everyone in their community, regardless of their source of coverage.”
Recently, Yuvo Health announced a $20.2 million Series A round of financing, enabling them to further scale from New York to Ohio, while transitioning to accept full-risk arrangements on behalf of their Federally Qualified Health Center (FQHC) partners. In conjunction with their funding news, Yuvo Health added several new FQHCs, doubling their original number announced last year, which reaches more than 150,000 patients.
Pearl Health partners with healthcare organizations across the country to empower primary care providers with value-based financial arrangements, data science & insights, and expert support to optimize their financial performance while delivering more proactive, whole-patient care. In addition to collaborating with Yuvo Health, Pearl also recently announced a strategic partnership with Walgreens to enable local primary care providers to deliver better-coordinated, higher-touch care to patients in the communities they serve.
“There are so many communities that have historically been underserved by our healthcare system. We know that innovative value-based care models and technologies are increasingly enabling more proactive, coordinated care that results in better patient outcomes, and we’re excited to partner with Yuvo Health to expand access to value-based care in places where it can have a real impact,” said Michael Kopko, CEO & Co-Founder of Pearl Health. “Through our partnership with Yuvo, we’re able to offer solutions tailored to empower healthcare providers working tirelessly to build healthier communities.”
About Yuvo Health
Launched in January 2021, Yuvo Health was founded in New York City by a fully BIPOC team with shared first-hand experiences of the power of quality care, and a common goal to bring fair, quality care to underserved communities. The entire Yuvo Health team is now on a shared mission to ensure every health center can provide compassionate care to their entire community. Yuvo Health is an industry-leading partner to health centers, helping them gain an advantage in the world of value-based care. With Yuvo Health addressing their unique needs, health centers are gaining a meaningful seat at the table in value-based care by leveraging new revenue opportunities without risk, scalable infrastructure backed by our dedicated team, and a village of partners committed to their success. Currently, the company serves community health centers and independent physician associations (IPAs) in the Northeast and Midwest, with plans to expand to more markets soon. To learn how Yuvo Health is paving the way to a more sustainable future for community health centers through value-based care for community health centers, read their 2023 Annual Report.
Learn more at www.yuvohealth.com.
About Pearl Health
Pearl Health is democratizing access to value in 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.
Centerpiece PR for Yuvo Health