14 new deals and $300M in funding for the week. NYC Tech News for the week ending 1/22 featuring news for Trading.TV, Chatdesk, StrongArm Technologies, and much, much more…
Cesar Herrera
Yuvo Health Raises $7.3M to Make Value-Based Care Accessible for Community Health Centers and Their Patients
Federally Qualified Health Centers (FQHC) are public health centers that are focused on helping at-risk and underserved populations. These community health centers are governed by federal laws for Medicare and Medicaid and thus qualify for federal reimbursement and other benefits. There are over 1400 official FQHCs in the United States and another 14,000+ affiliated look-alikes that serve over 30M patients per annum. Yuvo Health brings technology to manage the administrative and managed care functions of these FQHCs. There’s been a growing trend towards value-based care and with the platform, community health centers are able to embrace this new model by handling contracting with payors to deliver preventative, rather than reactive care. This ultimately leads to better patient outcomes, increased quality in care, and optimized spending. AlleyWatch caught up with Yuvo Health CEO and Cofounder Cesar Herrera to learn more about how the founding team’s experience with the healthcare system led to the founding of the business, the importance of its value-based care solution for community health centers, the company’s strategic plans, and latest round of funding from investors that include AlleyCorp, AV8 Ventures, New York Ventures, Laconia Capital, and Brooklyn Bridge Ventures.
The AlleyWatch Startup Daily Funding Report: 1/18/2022
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 1/18/2022 featuring funding details for Pinwheel, Anonybit, and much more.