Optum Ventures leads the equity financing round to further accelerate DispatchHealth’s leading in-home, technology-enabled system of care
Financing will help DispatchHealth scale its hospital alternative care model, advance innovation of its technology platform, and fund strategic growth initiatives to meet the growing need of in-home high acuity care
DENVER, Nov. 23, 2022 /PRNewswire/ — Dispatch Healththe nation’s first comprehensive in-home, high acuity medical care provider, today announced it has raised more than $330 million in combined equity and debt financing. The equity round of $259 million was led by Optum Ventureswith participation from new investors Adams Street Partners, Blue Shield of Californiaamong others, and continued support from existing investors Humana, Echo Health Ventures, Questa Capital and Oak HC/FT. K2 Health Ventures, Silicon Valley Bank and SVB Capital provided debt financing of $75 millionwith up to an additional $75 million available for growth initiatives, bringing the total raised to more than $400 million.
In the united states, $4 trillion is spent on healthcare annually and it is projected to exceed…