Value-based care priorities are becoming more accessible within a fee-for-service payment framework. Earlier this month, Centers for Medicare & Medicaid Services released the CY 2025 Medicare Physician Fee Schedule proposed rule. Town Hall Ventures is excited to dive into what this means for the future of value-based care. Andy Slavitt and Andie Steinberg explore how the new initiatives can benefit your practice, improve patient outcomes, and drive innovation in healthcare. Read the full article here: https://lnkd.in/eKpC6Nuv
Town Hall Ventures
Venture Capital and Private Equity Principals
We invest in healthcare for communities that need it most.
About us
At Town Hall Ventures, we seek to partner with entrepreneurs who are as passionate as we are about changing our health care system. We were early backers of companies like Cityblock, VillageMD, Unite Us, Somatus, and many others, and like to focus our energy working side-by-side with our entrepreneurs to scale breakthrough companies that will transform US healthcare. An investment from Town Hall comes with a commitment to make a substantial commitment of our time, network and resources to support founders through the ups and downs.
- Website
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https://www.townhallventures.com
External link for Town Hall Ventures
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- New York
- Type
- Privately Held
- Founded
- 2018
Locations
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Primary
72 Greene St
New York, 10012, US
Employees at Town Hall Ventures
Updates
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Town Hall Ventures reposted this
🎉 We’re thrilled to welcome two powerhouse speakers to our main stage: Andy Slavitt and Seema Verma! 🎙️Andy Slavitt, former White House Senior Advisor for Covid response, renowned healthcare leader, and now General Partner at Town Hall Ventures, brings his insider's perspective on public health and health policy. From overseeing the turnaround, implementation and defense of the Affordable Care Act as President Obama’s head of Medicare and Medicaid to founding Town Hall Ventures, Andy’s deep experience in both government and private sectors makes him a must-see speaker. 🎙️Seema Verma, Executive Vice President and General Manager, Oracle Health and former Administrator of the Centers for Medicare & Medicaid Services, is known for her groundbreaking work in advancing value-based care, innovation, interoperability, and price transparency. She’ll share her insights on driving change in the healthcare industry, from policy to technology based on a storied career in both the government, and a public hospital, public health department and health system. 🗳️ Their discussions will tackle crucial topics ahead of the 2024 Presidential Election, offering deep dives into healthcare policy and innovation. Don’t miss these influential voices shaping the future of healthcare 👉 https://ow.ly/pGI650T8JTP #HLTHUSA #BeBold #HealthcareInnovation #HealthPolicy #HealthTech #HealthcareLeadership
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Town Hall Ventures reposted this
Did you hear the groundbreaking news coming out of New York ❓ If not, don’t fret. Connecting the Dots: Newsflash ⚡ is here to deliver our latest and greatest hits! Earlier this week, the New York State Department of Health and Governor Kathy Hochul announced the selection of the newly appointed Social Care Networks (#SCNs) to serve as lead entities in addressing health-related social needs (#HRSNs) for Medicaid members in alignment with the state’s 1115 Waiver demonstration across the state. Of those selected, five Unite Us partners will be leading social care networks across nine regions in #NewYork, serving nearly 75% of all Medicaid members across the state. 👏 Congratulations to our amazing partners Health & Welfare Council of Long Island, Healthy Alliance, Care Compass Network, HUDSON VALLEY CARE COALITION, and Public Health Solutions for being awarded as SCN lead entities! We are thrilled to expand our partnership and work alongside these incredible organizations to create stronger, healthier, and more connected communities. Learn more about how we’re working together to power #MedicaidTransformation and improve whole-person health in New York👇 #CommunityHealth #SocialCare #UniteUs #1115MedicaidWaivers
Newsflash⚡New York Announces 1115 Waiver SCN Awards
Unite Us on LinkedIn
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Our friends at Commonwealth Care Alliance have curated a proposal for a panel at SXSW on the important topic of the value of mission-aligned partnerships between private capital and healthcare innovators. Check it out here: https://lnkd.in/gFDZB544
Community Voting for SXSW PanelPicker is now open! You can cast your votes for CCA until August 18. Moderated by our President and CEO Chris Palmieri, CCA has curated a panel proposal that explores the value of partnerships between private capital and healthcare organizations. While private capital’s role in healthcare has made headlines for months, there have been many misconceptions about how these partnerships can actually help scale creative solutions that improve care delivery and efficiency, making healthcare easier for consumers. This is also the philosophy behind Winter Street Ventures® (WSV), CCA’s start-up accelerator and venture investment subsidiary. WSV invests in disruptive companies that align with CCA’s mission and core values to explore creative solutions that improve outcomes for patients, members, and providers. “Health Plan as Startup Incubator: Private Capital Reimagined,” will feature compelling insights from some of the leaders who are driving innovation in WSV’s investment portfolio: · Sylvia Hastanan, Founder and CEO of Greater Good Health, a healthcare organization enabling and expanding access to value-based, holistic primary care through an innovative Nurse Practitioner-led model. · Tracey Cohen, MD, FASAM, Chief Medical Officer of Marigold Health, a tech-enabled peer recovery innovator that created an anonymous social network to help individuals with mental health and substance use conditions support each other. · Brent Asplin, MD, MPH, CEO of Gather Health, an organization that provides comprehensive primary care for the complex senior population to improve the health of every community served. After you create or log into your PanelPicker account, search for CCA’s panel and use the upvote function to show your support. https://lnkd.in/dzch4sB.
PanelPicker | SXSW Conference & Festivals
panelpicker.sxsw.com
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Town Hall Ventures reposted this
This just in: Strive is now working with Aetna, a CVS Health Company, to provide value-based kidney care to Aetna Medicare Advantage Health Maintenance Organization and Preferred Provider Organization plan members with chronic kidney disease and end-stage kidney disease in Illinois, Indiana and Michigan. Learn more about how Strive helps its partners transform kidney care: https://lnkd.in/gtEVB83R #valuebasedcare #wholepersoncare #healthcareinnovation
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In the Summer 2024 issue of Weill Cornell Medicine's Impact Magazine, Town Hall Ventures Partner Dr. Meera Mani talks about how she puts her academic training into practice in our work on innovation for underserved communities - whether it's the importance of data-driven inquiry and creativity, of being on-site and deeply understanding patient and provider experiences, or of bringing more healthcare voices into investment decisions. Read the full feature from Weill Cornell's Impact Magazine here: https://lnkd.in/ekwY63Ma
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Congratulations to Cityblock Health for being named to the CNBC Disruptor 50 list for the fourth year in a row. Read more here: https://lnkd.in/esBVjB5n
50. Cityblock
cnbc.com
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Congratulations to Thyme Care on their $95M capital raise! Thyme Care is transforming how patients experience cancer care across the care continuum. They’ve proven that their team, technology, and model work to fuel cancer care affordability and improve the experience for patients and providers at a time when the broader cancer care ecosystem is reaching a financial breaking point, costing billions of dollars every year. The Town Hall Ventures team couldn't be more proud to support this incredible team with their Series C announcement. Read more in STAT here: https://lnkd.in/ger7CNrs Robin Shah Bobby Green Bradford Diephuis
A cancer care startup is making a new bet with payers and providers: only pay if it works
https://www.statnews.com
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Town Hall Ventures reposted this
Congrats to the Hopscotch Primary Care team on completing your Series C raise, in service of your important mission to provide exceptional healthcare in rural communities. Town Hall Ventures is delighted to continue to be your partner on this journey! These communities really need access to care, and the road ahead is wide open to scale Hopscotch Primary Care's model.
Hopscotch Primary Care, now serving over 15,000 people across 10 clinics, celebrates several key milestones this month. New Capital We are excited to announce the Company has closed a $50 million Series C raise, welcoming new investors aMoon Fund, Citi Impact Fund and Alumni Ventures with participation from existing investors 8VC, CVS Health Ventures, K2 HealthVentures and Town Hall Ventures. "At aMoon, our investments are driven by our mission to accelerate cure and help people live longer, happier lives. To that end, we are excited to support Hopscotch in their efforts to provide better access to care in underserved, rural communities," said Dr. Yair Schindel, Managing Partner at aMoon Fund, of their participation in the round. Dr. Schindel will join Hopscotch’s Board of Directors and bring unique skills and experience working alongside seasoned value-based care investors and operators with firsthand experience building and scaling best-in-class healthcare companies, including Oak Street Health, TAG - The Aspen Group and Oxeon. Leadership Transition We are deeply grateful for Kristin Myers’ leadership as Chief Executive Officer. Her passion for rural health and advancing new care models that create better provider and patient relationships has been core to her leadership. After three years as the founding CEO, she has made the decision to step down. She will remain in an advisory role to the company. With her transition, Andrew James will continue in his role as Chief Financial Officer and lead the Company on an interim basis as we evaluate candidates for Kristin’s successor. Dr. Thirath Chau, the Company’s Chief Medical Officer, continues to leverage his prior Oak Street experience and deliver clinical excellence across all clinics. Hopscotch also welcomes new leadership to the team - David Thurlow as Chief Operating Officer and Dave Miller as Market President. They both bring a wealth of experience in value-based care and operational excellence at companies of scale. Their combined experiences at Community Medical Services, Enlivant, DaVita Kidney Care, ChenMed, Panoramic Health, Bain & Company and the US Navy position Hopscotch well for this next phase of growth. The Opportunity Ahead With fresh capital and a growing team, we are expanding access to high-quality care in rural communities where the population is vast (35% of U.S. residents living outside large metros) and severely underserved with poor outcomes (25% more likely to die from five leading causes of death than urban counterparts). Hopscotch already is delivering a differentiated patient experience and quality outcomes, with an average 88 NPS and 4.5 Star rating across initial clinics in their first year. While we are proud of our success to date, our greatest potential and impact lies ahead. These milestones are just the beginning for the next phase of growth and opportunity ahead. https://lnkd.in/eqcdjP3H
Celebrating Milestones at Hopscotch Primary Care
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Town Hall Ventures reposted this
Last year, 1 in 10 teens attempted suicide. It almost never starts there. Instead, it begins with a mild or moderate, treatable mental health issue. Structural features in our healthcare system render it virtually impossible for teens to get the help they need. Between acute provider shortages and low insurance participation, kids have no access to timely, effective care. And without treatment, symptoms that were once mild can rapidly devolve. Meet Marble Health: Our mission is to increase access to timely, preventative care for all teens. Marble accepts all insurance plans, including Medicaid, and offers virtual care with an emphasis on group therapy. No insurance holdups. No waitlists. I’m thrilled to announce that Marble has raised 5M in funding from Khosla Ventures, Town Hall Ventures, IA Ventures, with participation from Rex Woodbury at Daybreak, Lorimer Ventures, and strategic advisors, including the CEO of Rightway, among others. Tackling the teen mental health crisis requires an exceptional team. If you’re interested in joining us, we’d love to hear from you. We’re hiring across the board.
Khosla-backed Marble, built by former Headway founders, offers affordable group therapy for teens | TechCrunch
https://techcrunch.com