Evergreen Nephrology

Evergreen Nephrology

Value-based kidney care and management

Overview

Evergreen Nephrology partners with nephrology practices to provide value-based kidney care, offering financial backing, analytics, and interdisciplinary clinical resources. It uses a technology-enabled platform and a care team to help nephrologists manage CKD and ESRD under value-based contracts such as CMS Kidney Care Choices. The model shifts from fee-for-service to value-based care, enabling practices to assume financial risk while aiming to improve patient outcomes; revenue comes from partnerships, subscriptions, and performance-based contracts tied to CMS metrics. The organization operates in 24 states with 900+ providers, striving to slow disease progression, increase home dialysis and transplantation, reduce hospitalizations, and ease administrative work for physicians.

About Evergreen Nephrology

Simplify's Rating
Why Evergreen Nephrology 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

51-200

Company Stage

Late Stage VC

Total Funding

$134.3M

Headquarters

Nashville, Tennessee

Founded

2021

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Simplify's Take

What believers are saying

  • Evergreen reported over $40 million Medicare savings and second-place net savings in April 2026.
  • The company won Humana member access and broadens distribution through Medicare Advantage.
  • January 2025 financing raised $130 million for expansion, technology, and new regions.

What critics are saying

  • CMS cut the 2026 kidney transplant bonus and reduced CKD QCP, pressuring margins.
  • Evergreen still depends on KCC, a voluntary CMS model extended only through 2027.
  • Fresenius, Strive, Somatus, and Monogram crowd the same value-based kidney-care market.

What makes Evergreen Nephrology unique

  • Evergreen combines nephrologist partnerships, care managers, and risk-bearing infrastructure across 24 states.
  • Its Phamily-powered Evergreen Connected Care integrates AI-driven outreach with existing nephrology workflows.
  • Humana launched a specialized kidney care program with Evergreen on August 29, 2024.

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Funding

Total Funding

$134.3M

Above

Industry Average

Funded Over

2 Rounds

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

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Holidays

Parental Leave

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

1%
PR Newswire
May 12th, 2026
Evergreen Nephrology appoints Eugenia Timm as chief operating officer

Evergreen Nephrology, a value-based kidney care company, has appointed Eugenia Timm as Chief Operating Officer. Timm brings over 15 years of healthcare leadership experience in population health, risk-based operations and provider networks. Most recently, she served as Senior Vice President of Operations at Optum, overseeing value-based medical group operations in Los Angeles South, supporting nearly 190,000 patients. At Evergreen, Timm will oversee operations and lead execution across the organisation as it continues to expand access to value-based kidney care. Operating across 24 states with a network of over 1,000 providers, Evergreen Nephrology partners with nephrologists and care providers to deliver personalised care for patients with chronic and end-stage kidney disease.

PR Newswire
Apr 14th, 2026
Evergreen Nephrology partners with Phamily to launch AI-powered chronic kidney care management platform

Evergreen Nephrology has partnered with Phamily, Jaan Health's AI-powered care management platform, to launch Evergreen Connected Care, a proactive kidney care management service. The collaboration combines Evergreen's nephrology expertise with Phamily's AI capabilities to improve care for patients with chronic kidney disease. Evergreen Connected Care enables nephrology practices to deliver population-wide care through AI-enhanced clinical decision support, comprehensive care planning, and omni-channel patient communication. The service aims to improve patient engagement whilst reducing administrative burden on nephrologists, allowing them to spend more time with patients. Operating across 24 states with over 1,000 providers, Evergreen Nephrology focuses on value-based kidney care models. Phamily has over a decade of experience in AI-based care management, with technology tested across millions of patient encounters.

FinSMEs
Jan 8th, 2025
Evergreen Nephrology Raises $130M in Funding

Evergreen Nephrology raises $130M in funding.

Hospitals Management
Jan 8th, 2025
Evergreen Nephrology Raises $130 Million to Transform and Expand Access to Value-Based Kidney Care

Evergreen Nephrology, a leader in value-based kidney care, today announced it has raised $130 million in capital to expand its care model to more patients living with kidney disease.

VCNewsDaily
Jan 7th, 2025
Evergreen Nephrology Raises $130M Funding

Evergreen Nephrology, a leader in value-based kidney care, has raised $130 million to expand its care model for kidney disease patients. The funding, led by Rubicon Founders, Oak HC/FT, and K2 HealthVentures, will support Evergreen's growth into new regions and the implementation of advanced technologies to improve clinical outcomes and streamline care delivery. Evergreen operates in 24 states with a network of over 900 providers.

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