Imagine Health, a Cottonwood Heights, Utah-based creator of custom provider teams of hospitals and physicians, raised $21m in Series A funding.
The round was led by Trident Capital and HLM Venture Partners. In conjunction with the funding, John Reardon and Arneek Multani of Trident Capital and Peter Grua of HLM Venture Partners joined Imagine Health’s board of directors.
Imagine Health plans to use the funds to expand into new markets, including immediate development activities in Phoenix, San Francisco and Atlanta.
Led by Allison Robbins, chairman and CEO, Imagine Health creates custom provider teams of hospitals and physicians for large, self-funded employers. The company currently has hospital and physician teams (known as SmartCare™) in Chicago, Dallas, Houston, San Antonio, Albuquerque and Boise comprising more than 22,000 healthcare providers and 350,000 members.