Flare Capital Partners’ Post

Silicon Valley Bank just published another solid Future of Healthtech Report 🏥 digging into healthtech investment activity, market trends, and sector spotlights, including an update on the state of value-based care and AI. Thank you to the SVB team for including Flare Capital Partners' perspective on the state of the healthtech investment market! As our General Partner, Michael A. Greeley shared with the team: “We are emerging from the winter phase, and while I believe we have hit bottom, there are many Series C and D companies back in the market at 20%-50% of the last round’s valuation, which is challenging. The bright side of the inevitable consolidation that will happen is that it clears the path for great companies to emerge from the dust.” 📰 Read the full report here: https://bit.ly/3NxlPoV #Healthtech #Innovation #FutureOfHealthcare

Congratulations to Oshi Health, a market leader in virtual gastrointestinal (GI) care, on their recent $60 million Series C fundraise! At Flare Capital Partners, our journey with Sam Holliday, Sameer Berry, Mike Goodman, Randy Forman, Ryan Powers, Paula Buzzard, and the broader Oshi team began in the early days when we co-led their Series A financing in late 2021. At that time, we recognized the immense opportunity to transform how care is delivered and improve patient outcomes in the GI space: 💠 An estimated 60-70 million Americans suffering from GI conditions, costing the U.S. healthcare system ~$140 billion annually. 💠 A stark reality that while 72% of Americans experience GI symptoms multiple times each month, only 25% are properly diagnosed, highlighting a critical gap in care. As the company continues to scale, what has become increasingly apparent is the data on GI conditions revealing why this category is gaining traction as a critical priority among payers and employers: 1️⃣ Market Potential: GI conditions are one of the four most expensive disease categories, with more than 100 million GI ambulatory care visits each year. 2️⃣ Top Cost Center: GI conditions are a top 4 cost center for payers and employers. 3️⃣ ER Visits: GI conditions have emerged as the #1 reason for treat-and-release ER visits, underscoring the urgent need for effective management solutions. From the start, what stood out to us about the Oshi model in particular, was the company's dedication to clinically rigorous outcomes and proven economics with digestive care transformation. We're proud to support and continue to believe that Oshi Health is uniquely positioned to address these challenges with its innovative, patient-centered approach to GI care! 📰 Read the original announcement here: https://bit.ly/3Y8mfa3 #GastrointestinalHealth #DigitalHealth #HealthcareInnovation #HealthTech

🚀 Flare Capital Partners is growing, and we're seeking a Senior Associate to join our investment team! If you're passionate about healthcare, have an entrepreneurial drive, are highly resourceful and analytical, and excel at building relationships with startup founders and industry leaders, we'd love to connect. 💫 Learn more and apply here 👉 https://bit.ly/4dQiwnr Not interested in an investment role? You can still be part of our network by exploring over 250+ job openings across 36 portfolio companies actively hiring on our job board. Whether you're interested in tech, operations, or business development, there’s a role for you in healthcare innovation. Explore opportunities with our portfolio companies here 👉https://bit.ly/3A0XmFi #VentureCapital #Hiring #HealthcareTech #JoinOurTeam #PortfolioCareers

Congrats to Suki on the team's $70M Series D funding round, reflecting the company's impressive growth and demand in the #AI in clinical workflow category! At Flare Capital Partners, we’re proud to support Suki as they empower clinicians with AI technology. Their flagship solution, Suki Assistant, streamlines administrative tasks and boasts a 70% adoption rate, helping health systems complete notes up to 72% faster while enhancing documentation quality. This milestone also marks the expansion of their strategic partnership with MedStar Health, setting a new standard for efficient patient care. 🚀 https://lnkd.in/gnpjc4Xq #healthcareAI #healthtech #healthcareinnovation

📽ICYMI: Our Building for Scale in Medicaid Expert Roundtable is now live on Flare Capital Partners' website: https://lnkd.in/eycEucEH We spoke with five senior operating executives and experienced entrepreneurs to hear their perspectives on Building for Scale in Medicaid. We covered a range of topics, including building trust with Medicaid beneficiaries, what the presidential election means for Medicaid, understanding decision making at MCOs, challenges & opportunities for scaling startups, and plenty more. Below are just a few key moments from our collective discussions: 🤝 Building Trust in Medicaid Adaeze Enekwechi (Cayaba Care): “We meet our members where they are – we meet them in the home, we meet them at coffee shops, we meet them virtually. That in and of itself cultivates trust, you’re not dictating to them how this relationship must be established. Additionally, our navigators are hired from within the community – people who understand you, speak your language, understand the nuances of your community.” Nikita Singareddy (Fortuna Health): “I think it’s important that you earn trust by having a great consumer experience - frankly that's as simple as doing the thing that you say you’re going to do. This is a population that has consistently been oversold, told that you’re going to get X, while actually receiving Y. 🛠 Experience Building in Medicaid Daniel Brillman (Unite Us): “We have been around for 11 years, there are always going to be headwinds. There are always going to be massive problems to solve, they are just going to change. Our vision and mission, for 11 years, hasn’t changed – how we’ve gotten there and navigated through that, of course, will continue to change.” 💸 Understanding Buying Decisions at MCOs Karen S. Amstutz, MD MBA: “Each managed care company has a different approach to how it vets the vendors or how they contract with providers, so you have to take each organization and ask yourself – is this an organization that is looking at things nationally first and then move to local adoption? Or the opposite, let the local plan pilot this and if it’s successful then we’ll think about how we go nationally?”   A very special thank you to all of the extraordinary executives and entrepreneurs who joined us for this important conversation: Chris Palmieri (Commonwealth Care Alliance), Adaeze Eneckwechi (Cayaba Care), Nikita Singareddy (Fortuna Health), Dan Brillman (Unite Us), Karen Amstutz, MD MBA! 🗓 What's next you ask? Mark your calendars for our next Expert Roundtable Series on Tuesday, December 3rd at 12:00 PM ET. We will explore the topic of Longevity in Focus: Innovating for a Longer, Healthier Life. Sign up here: https://lnkd.in/ehSpqdXd

What an incredible turnout at our Waffles & Women’s Health Breakfast to kick off the Women’s Health Innovation Summit here in Boston! 🎉🥞 We were thrilled to host this amazing group of women's health-focused founders, investors, payors, and industry leaders who joined us bright and early to reconnect with familiar faces and build new connections over waffles and coffee. ☕ It was the perfect way to kick off a day dedicated to advancing women’s health innovation! A huge shoutout to the hosting committee, Alyssa Reisner and Krishna Shah (CVS Health Ventures), Madeleine L. (Thirty Madison), Nina Kandilian (Silicon Valley Bank), and Uma Veerappan and Tara Sullivan (Flare Capital Partners) for making this a success! #WomensHealth #Innovation

Flare Capital Scholars are a cornerstone to the Flare Capital Partners platform, bringing breadth and depth across the entire healthcare industry. As we enter the program's 10th year, we look back and celebrate the successes and notable accomplishments of our Scholar alumni. Each year we recruit stellar graduate students and industry rising stars to join us for a year-long professional development program designed for aspiring healthcare leaders, technologists, and mid-career executives to gain firsthand knowledge of the healthcare technology and venture capital industry. With 370+ alumni from the world's leading graduate programs and healthcare institutions, many go on to join founding, operating, and investing roles at top-tier industry organizations. Check out our Flare Capital Scholars Alumni by the number!