Warburg Pincus to Invest USD 115m in Alignment Healthcare.
M2 PHARMA-March 9, 2017-Warburg Pincus to Invest USD 115m in Alignment Healthcare
(C)2017 M2 COMMUNICATIONS
- US-based Warburg Pincus has agreed to make a USD 115m growth investment in US-based population health management company Alignment Healthcare, the company said.
Founded in 2013, Alignment Healthcare has created a model of health care delivery.
Alignment's technology and integrated care coordination model improves the quality of care and eliminates waste in the care system through a focus on the highest-cost, most complex patients in Medicare Advantage, Medicaid, and commercial HMO populations.
The company now serves more than 45,000 members across three states.
General Atlantic partnered with Alignment in mid 2014, staging in capital over the subsequent two years to develop Alignment's unique clinical and technology platforms, expand a leadership team, scale core operations, and secure foundational partnerships to initiate expansion into new markets.
With offices and care centres across the country, Alignment Healthcare provides partners and patients with customised care and service where they need it and when they need it, including clinical coordination, risk management and technology facilitation.
Alignment Healthcare offers HMO plan options to California residents through the Alignment Health Plan, and partners with select health plans in North Carolina and Florida to help deliver better benefits at lower costs.
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|Date:||Mar 9, 2017|
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