Author Health, a Boston-based provider of services for Medicare Advantage members with serious mental illness and substance use disorders, raised $115 million. General Atlantic led, and was joined by Flare Capital Partners.
Author Health offers a team-based approach to psychiatric care, bringing together specialized physicians, nurses, therapists, and community health workers to deliver a mix of virtual and in-person care for individuals who are often disconnected from the traditional healthcare system. Through this model, patients and their caregivers are given an avenue to reconnect with healthcare providers and receive personalized and comprehensive treatment within their communities, and outside of hospitals and institutions.
While Author Health’s initial launch in South Florida was created in collaboration with Humana, the company is multi-payer and is expected to expand its services to include Medicare Advantage and Special Needs Plan recipients in other locations by early 2024. Read more.
