Better Health Group

Better Health Group

Primary care platform enabling value-based care

About Better Health Group

Simplify's Rating
Why Better Health Group is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Healthcare

Company Size

1,001-5,000

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$675M

Headquarters

Tampa, Florida

Founded

2006

Overview

Better Health Group provides a primary care platform that helps physicians transition from traditional billing to value-based healthcare. The company integrates patient data from medical records, prescriptions, and hospital visits to provide doctors with specific care suggestions while handling administrative tasks like billing and quality reporting. Unlike traditional management groups, it offers a flexible model where doctors can either remain independent partners or become employees at company-owned clinics. The company's goal is to shift the medical industry from reactive "sick care" to proactive health management by taking on financial risk to improve patient outcomes and lower costs.

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Simplify's Take

What believers are saying

  • $175M growth capital atop $500M fuels national expansion across 11 states.
  • Manages 250,000 patients in Medicare Advantage, ACOs, Medicaid, commercial.
  • Relieves admin burdens, offers preferred contracts and performance bonuses.

What critics are saying

  • Oak Street Health captures 15% more Florida, Texas seniors in 6-12 months.
  • CMS 2027 penalties deduct 4-6% reimbursements for poor HEDIS scores.
  • Elevance terminates Medicaid contracts after 12% overcoding audit.

What makes Better Health Group unique

  • Dual model lets physicians retain ownership via MSO or join owned clinics.
  • Integrates EMR with prescriptions and hospital data for holistic insights.
  • VIPcare clinics provide top-rated value-based care without EMR changes.

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Funding

Total Funding

$675M

Above

Industry Average

Funded Over

1 Rounds

Growth Equity Non VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity Non VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Paid Vacation

Paid Holidays

Company News

Cision
Nov 14th, 2023
Better Health Group Secures $175 Million In Growth Capital On Top Of Initial $500 Million Investment To Fund Continued National Expansion

Our payor, provider, and investment partners recognize our long track record of success running a scalable, value-based care organization. .

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