Wildflower Health Raises $26M in Financing

wildflower

Wildflower Health, a San Francisco, CA-based women’s health solutions company, raised $26M in funding.

The round was led by TT Capital Partners with participation from Providence Ventures, Health Enterprise Partners, Hatteras Venture Partners, and Echo Health Ventures. Dawn Owens, CEO and Partner of TT Capital Partners, who will join Wildflower’s Board as part of the investment.

The company intends to use the funds to strengthen its internal team and prepare for the nationwide expansion of a proprietary maternity bundle that fully operationalizes value-based care for OB providers.

Led by CEO Leah Sparks, Wildflower Health is a women’s health solutions company specializing in digital and value-based care. The solution helps providers evaluate and design VBC models alongside payers; install both digital health and point-of-care decision support tools; adapt current workflows to value-based requirements and continuously process data, both for leveraging key clinical metrics in real-time, as well as managing financial payments, reconciliations and outcomes measurement.

Wildflower’s maternity bundle is comprehensive, spanning from prenatal to postnatal care and accounts for the total cost of pregnancy for both mom and baby.

In addition to increasing its financial commitment in Wildflower, Providence also has expanded its contract with Wildflower to include installation of Wildflower’s solution for value-based maternity care across its Southern California region. The health system will work with Wildflower to engage health plans and employers to drive sustainable value-based care and payment models in obstetric and newborn care.

FinSMEs

08/03/2022