VillageMD, a Chicago, IL-based management services company that partners with healthcare providers to improve care delivery and optimize population health outcomes, closed a $36m Series A financing.
The round was led by Oak HC/FT with participation from other new and existing investors. In conjunction with the funding, Ann Lamont, Managing Partner of Oak HC/FT, will join VillageMD’s Board of Directors.
The company intends to use the funds to expand into several new states across the Midwest, Northeast, and Southeast.
Led by Tim Barry, CEO, and Dr. Clive Fields, VillageMD provides management services for healthcare organizations moving toward a primary care-led, value-oriented clinical model. The company currently partners with 400 physician groups, IPA’s, and health systems across markets in Texas and Indiana.