Wellvana Health Raises $84M in Funding

Wellvana Health
Wellvana CEO and Board Member Kyle Wailes

Wellvana Health, a Nashville, TN-based company helping doctors deliver health care across independent primary care physicians, specialists, and health systems, raised $84M in funding.

The round, which brought total funding since November 2020 to approximately $140M, was led by Heritage Group and Valtruis, a Welsh, Carson, Anderson & Stowe (WCAS) company, and joined by Memorial Hermann Health System. Nashville-based Martin Ventures led former funding rounds with partnership from First Trust Capital Partners and Adam Boehler.

The company intends to use the funds for continued growth in existing markets and new U.S. geographies.

Founded in 2019 and led by CEO and Board Member Kyle Wailes, Wellvana Health helps doctors deliver health care with a care model for partners across independent primary care physicians, specialists, and health systems. The company offers providers a flexible model for partnership, including acquisition, joint ventures, or affiliate models.

Founded in 2019, Wellvana currently serves health care providers in 22 states, manages lives across multiple payors, and continues to expand its footprint in new communities.

FinSMEs

27/03/2023