Monogram Health Closes $375M Growth Capital Raise To Support Continued Expansion Of Innovative In-Home Kidney And Polychronic Care Model

Jan 09, 2023•over 2 years ago

Amount Raised

$375 Million

BrentwoodBiotechnologyHealth CareMedical

Investors

Norwest Venture PartnersPura Vida InvestmentsHeritage GroupFrist Cressey VenturesTpg CapitalScanMemorial Hermann Health SystemHumanaCigna VenturesCvs Health

Description

Monogram Health, a value-based specialty provider of in-home evidence-based care and benefit management services for patients living with polychronic conditions, including chronic kidney and end-stage renal disease, today announced it has closed on $375 million of new funding. This milestone growth funding round included investments from leading strategic investors CVS Health, Cigna Ventures, Humana, Memorial Hermann Health System, and SCAN, as well as from both new and existing financial investors including TPG Capital, Frist Cressey Ventures, Heritage Group, Pura Vida Investments, and Norwest Venture Partners, among others.

Company Information

Company

Monogram Health

Location

Brentwood, Tennessee, United States

About

Monogram Health is a leading value-based specialty provider of in-home evidence-based care and benefit management services for patients living with polychronic conditions, including chronic kidney and end-stage renal disease. The company deploys an innovative in-home care delivery model and technology-driven array of evidence-based clinical services, including complex case and disease management, utilization management, and medication therapy management to transform the way health care is delivered for those with polychronic conditions. This innovative model of care has been shown to dramatically improve patient outcomes and quality of life while reducing medical costs across the health care continuum. Based in Nashville, Tennessee, and privately held by Frist Cressey Ventures, TPG Capital, Norwest Venture Partners, as well as other leading strategic and financial investors, Monogram Health has numerous value-based partnerships with leading health plans and risk-bearing providers to care for patients across 34 states and all insurance products.

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