Nashville-based Upperline Health, a value-based care provider network, today announced it has raised over $58 million in new capital. Crestline Investors led the latest round, with additional participation from previous investors including Silversmith Capital Partners and Adam Boehler. The capital will be used to drive further growth in Upperline Plus, its Accountable Care Organization REACH program.
Upperline Health was founded in 2017 after David Thorpe and Stephen Nash worked together at Aspire Health, serving end-of-life patients with serious illnesses. There they identified an overwhelming pattern of the sickest patients suffering from lower extremity complications, largely from diabetes. What they saw both at Aspire and in the data was the sicker patients tend to engage more frequently with specialists, oftentimes at the expense of seeing their primary care provider. As a result, the patients most in need of comprehensive and coordinated care instead end up with the most fragmented. To care for these patients more effectively, Thorpe and Nash started Upperline Health with the goal of bringing a comprehensive care model to patients already engaged with their specialists. Read more.
