Town Hall Ventures, a firm investing in medically underserved communities, closed on its largest fund thus far, a $350 million round that has drawn new partnerships and an expanded team of executives.
Town Hall Ventures, which announced the latest fund Thursday, bills its efforts as a “healthcare innovation platform dedicated to transforming care” for underserved communities and has thus far included investments in a portfolio that includes the health plan Bright Health and providers of medical care and behavioral health such as Cityblock Health, Signify Health and VillageMD.
The investments in efforts to transform care in underserved communities come as health care providers, insurers and others work to improve health outcomes and address social determinants of health. Read more.
