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

  • KCC model runs through 2027 with expanding Humana Medicare Advantage coverage in 18 states.
  • Recent executive appointments including CEO John Donlan and COO Eugenia Timm strengthen operational scaling capability.
  • $130M Series D funding January 2025 accelerates geographic expansion and advanced technology implementation nationwide.

What critics are saying

  • Interwell Health captures nephrology partnerships through superior analytics, eroding Evergreen's 900-provider network within 24 months.
  • CMS reduces KCC financial incentives in 2026 revisions, slashing performance-based contract revenue by 60-80%.
  • Strive Health acquires major nephrology networks in Evergreen's expansion regions, blocking geographic growth post-funding.

What makes Evergreen Nephrology unique

  • Founded by CMS Innovation Center director Adam Boehler, embedding regulatory expertise into value-based kidney care model.
  • Achieved $40M Medicare savings and $35M quality performance earnings in KCC program performance year.
  • Integrated AI-powered Phamily platform enables proactive population-wide care management across 24 states, 1,000+ providers.

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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

-1%

1 year growth

0%

2 year growth

1%
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.

VC News Daily
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.

PR Newswire
Oct 22nd, 2024
Evergreen Nephrology Appoints John Donlan as CEO

In addition to Donlan's appointment, Evergreen has welcomed four key executives in past several months: Heather Trafton as President, Philip Cooksey as Chief Financial Officer, Tim Pflederer as Chief Medical Officer, and Ron Margalit as Chief Information Officer.

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