Tech-focused healthcare administration company snags $20M

Yuvo Health, a tech-enabled administration company providing services to federally qualified health centers, raised $20.2 million in a series A financing round.

Advertisement

The company plans to use the new financing to scale its operations and transition to accept full-risk arrangements on behalf of federally qualified health centers. The latest funding brings the company’s total raised to $27.5 million, according to a June 7 Yuvo news release.

Mastry Ventures led the funding round.

“Yuvo Health supports FQHCs, which are the only primary-care access point for millions of underserved Americans today. As an ecosystem and infrastructure partner, Yuvo provides FQHCs a technology, operational, and admin platform that unlocks value-based care, reduces medical costs, and increases quality care,” Fatima Husain, co-founder and general partner for Mastry Ventures, said in the news release. “We are bullish on the critical role this industry pioneer will play in driving health equity forward.”

Advertisement

Next Up in Innovation

Advertisement

Comments are closed.