Direct primary care provider Everside Health scores $164M - Mobihealth News
Direct primary care provider Everside Health scooped up $164 million in growth equity funding. The round was led by New Enterprise Associates (NEA) with participation from Oak HC/FT and Alta Partners, as well as nine new investors that include Endeavor Catalyst. WHAT IT DOES Everside works with employers and unions to offer healthcare directly to their workers without an insurer middleman. It includes health centers and virtual care, and offers primary care, chronic condition management, mental health services, urgent care, occupational health and care coordination. The company said it will use the influx of capital for growth, to support potential mergers and acquisitions, and to improve the company's technology infrastructure and functionality. It also plans to add new services and specialty care options. "Limited access to quality primary care in the U.S. has compounded chronic conditions, exacerbated mental health problems and increase...