The company will use the capital to support its Upperline Plus — its Accountable Care Organization Reach program. Upperline has established 122 clinics across seven states, according to a June 7 Upperline news release.
Crestline Investors led the financing round.
“Despite 70 percent of healthcare providers being specialists, there has been little focus on value-based care arrangements with these physicians,” Marc Strauss, managing director at Crestline Investors, said in the news release. “We were drawn to Upperline Health because they offer a sustainable approach to treating patients with chronic illnesses. By meeting patients where they are, whether it’s in a doctor’s office, over the phone, or in the patient’s home, they bring more efficient, more effective healthcare to those who need it most.”
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.