Behavioral Health Business November 12, 2024
Virtual pediatric behavioral health provider Fort Health is executing its partner-first, expand-after strategy, securing a round of funding while landing a new payer partnership.
The New York City-based provider raised a $5.5 million round led by venture capital firms Twelve Below and Vanterra, Fort Health exclusively told Behavioral Health Business. The funds will be used to expand into two new states, Texas and Illinois, in January 2025.
Fort Health has also partnered with NovaWell, a behavioral health care plan and Horizon Healthcare Services affiliate. Natalie Schneider, CEO of Fort Health, told BHB the partnership would accelerate the expansion by allowing the provider to work with pediatric provider groups and hospitals in the states.
“Our strategy is to go market by...
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