HealthLeaders Media November 23, 2022
The organization provides primary care for older adults on Medicare.
Oak Street Health—a system of value-based primary care centers for adults on Medicare with over $1 billion in total revenue—has secured $300 million in financing from Silicon Valley Bank. The financing will provide Oak Street Health with operational and strategic capital for several years.
“Oak Street Health is rebuilding healthcare through its innovative model and approach to providing high-quality services and support for patients,” Tom Hertzberg, Market Manager and Head of Central and Southwest U.S. Life Science and Healthcare Banking for Silicon Valley Bank, said in a release announcing the funding. “We are excited to meet Oak Street Health’s financing needs and provide them with advisory...