PHOENIX, Dec. 20, 2021 /PRNewswire/ -- Equality
Health, a leading value-based care organization uniquely
equipped to address the needs of diverse and historically
underserved populations, today announced an equity investment from
Finback Investment Partners.
Finback's leadership team consists of Co-Founders and Managing
Partners former Florida Governor
Jeb Bush, George
Huber, Jack Oliver, and Jeb Bush Jr. The Partners,
complemented by a team of private equity professionals, have
successfully invested together since 2017, with
approximately $700 million of funds committed and a track
record of 11 portfolio companies.
The firm's debut private equity fund, Finback Investment
Partners 2021 Fund, pursues investments that align with a positive
societal impact across a diverse set of verticals including
healthcare, business services, information technology, education,
industrials, digital infrastructure, and financial services.
"With its focus on addressing health equity challenges and
enhancing providers' ability to help at-risk populations while
adapting to new reimbursement models, Equality Health is taking on
some of the most vexing issues in American healthcare," said Gov.
Jeb Bush. "Equality Health's unique
model, and the success they've realized in expanding access to
primary care––particularly during these challenging times––aligns
perfectly with our goal of investing in organizations dedicated to
tackling societal challenges."
Equality Health's model allows independent physician practices
to consolidate multiple value-based contracts within a single
network that offers a unified incentive program administered
through an integrated technology platform. For health plans,
Equality Health represents a single-source partner with a network
that is fully enabled for success in alternative payment models.
And for patients, Equality Health improves access to primary care
and enhances coordination between primary care physicians,
specialists, hospitals, and the community-based organizations that
address many non-medical, socio-economic determinants of
health.
The Finback investment will help accelerate Equality Health's
growing partnerships with multiple regional and national payers, as
well as a rapidly growing primary care network. This will make
hundreds of thousands more Medicaid, Medicare Advantage, and ACA
exchange health plan members eligible for the holistic, culturally
competent services offered by the Equality Health care model.
"Finback Investment Partners truly understands the value of our
partnerships with health plans and independent physician practices
to facilitate the transition to value-based models," said Hugh
Lytle, founder and chief executive officer of Equality
Health. "Not only do Jeb and team bring remarkable experience
in the government sector, but the investment also allows for
further expansion of critical resources to support our high growth
demands and accelerate the momentum toward value-based care on a
national level."
"Equality Health's unique Medicaid-first approach is helping to
deliver higher quality care into the communities that need it
most," said Jack Oliver, managing
partner of Finback. "We're incredibly excited to partner with Hugh
and the exceptional team at Equality Health to support them in
their mission of transforming care for the medically
underserved."
About Equality Health
Equality Health, LLC is a Phoenix-based whole-health delivery system
focused on transforming value-based care delivery with population
specific programs that improve access, quality, and member trust.
Through an integrated technology and services platform, culturally
competent provider network and personalized care model, Equality
Health helps managed care plans and health systems improve outcomes
for diverse populations while simultaneously making the transition
to risk-based accountability. For more information about Equality
Health, visit www.equalityhealth.com or follow @EqualityHealth on
Facebook, @EqualityHealth on Twitter, and @EqualityHealth on
LinkedIn.
Media Contact:
Grant Evans
Amendola Communications (for Equality Health)
215-582-8146
gevans@acmarketingpr.com
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SOURCE Equality Health