MedCity News June 7, 2023
Yuvo Health — a startup focused on enabling value-based care at FQHCs — recently raised $20.2 million in Series A funding. The company is using the money to expand its reach from New York to Ohio.
To be successful in value-based care arrangements, providers must invest heavily in technology and partnerships. However, most federally qualified health centers (FQHCs) — safety-net providers approved by the government to provide low-cost care — simply don’t have the scale nor capacity to thrive in these care models.
Yuvo Health — a New York City-based startup founded to address this problem — closed a $20.2 million Series A funding round on Wednesday.
The round, which brings the company’s total funding to $27.5 million, was led...