AllyAlign Health, a Richmond, Va.-based care management services company, received an investment of undisclosed amount.
The round was co-led by New York-based Health Enterprise Partners (HEP) and Nashville-based Heritage Group, with participation from members of the management team and other industry participants. In conjunction with the investment, Paul Wallace, managing director at Heritage Group, and Bob Schulz, general partner at HEP, are now members of AllyAlign’s board of directors.
Founded in 2013 by Will Saunders, president and CEO, AllyAlign Health provides long-term care providers with solutions to manage the cost and quality of patient care. It uses care teams and technology to improve outcomes and decrease costs and engages with payers in quality-based contracts that reward out-of-the-box care delivery options for medically complex patients.