Amid Opioid Crisis, Spero Health Brings Vital Addiction Treatment Services to Chattanooga

Brentwood, Tenn. — Spero Health, a national leader in outpatient addiction treatment and a CARF-accredited organization that specializes in local, affordable, outpatient care for individuals suffering from substance use disorders, announced the opening of a new clinic in Chattanooga, located at 7030 Lee Highway, Suite 201. The Chattanooga clinic is the organization’s 26th outpatient location and is expected to start seeing new patients at the end of June. Appointments are available now, and individuals are encouraged to call (423) 301-5930 or stop by the Lee Highway location for more information. 

Spero Health Announces Expansion into Tennessee with the Opening of Addiction Treatment Clinic in Smyrna

Brentwood, Tenn. — Spero Health, a CARF-accredited organization specializing in local, affordable, outpatient care for individuals suffering from substance use disorder, announced it is expanding into Tennessee with the opening of a new clinic located at 301 Wolverine Trail, Suite 200 in Smyrna. The Smyrna clinic, which marks the organization’s 24th location, will open its doors May 1st to start seeing patients.

CommonSpirit Health brings Hospital-Level Care into the Comfort of the Home with Contessa

Chicago, Ill. AND Nashville, Tenn. — May 20, 2019 — CommonSpirit Health today announced it is introducing a new hospital-level home care option. Home Recovery Care brings all the essential elements of hospital care to the comfort of the home, allowing many patients to avoid a hospital admission. Through a new partnership with Contessa, the leading operator of Home Recovery Care, this initiative represents CommonSpirit Health’s latest effort to leverage emerging technology to deliver convenient, consumer-centered health care to its patients.

Jvion Secures Significant Strategic Growth Investment to Expand Application of Its Healthcare AI and Prescriptive Analytics Platform

Jvion, the market leader in healthcare AI, announced today that it raised a significant growth equity investment led by JMI Equity (JMI)—a growth equity firm focused on investing in leading software companies. Additional investors in the fundraise include Health Enterprise Partners (HEP) and Health Velocity Capital (HVC), two leading healthcare investment firms whose limited partner networks comprise some of the largest hospital systems and health plans in the country.

OnShift Placed on Deloitte’s Technology Fast 500

LEVELAND, Nov. 15, 2018 (GLOBE NEWSWIRE) -- OnShift, a leader in human capital management software for post-acute care and senior living, today announced it ranked 429 on Deloitte’s Technology Fast 500 ™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. OnShift grew 180 percent during this period.

Health Velocity Capital Raises More Than $185 Million for Inaugural Fund

San Francisco, CA and Nashville, TN – Health Velocity Capital (“Health Velocity”) announced today the final close of Health Velocity Capital I and affiliated funds with more than $185 million in committed capital.  The fund will be invested to further Health Velocity’s mission of generating outstanding returns while helping to build innovative healthcare software and services businesses that contribute to a more affordable, sustainable, consumer-friendly US healthcare system.  This fund represents one of the largest inaugural funds ever raised exclusively for this sector and stage of investment.

Clearlake Capital Leads Strategic Investment in OnShift

CLEVELAND, OH and SANTA MONICA, CA – October 24, 2018 – OnShift, Inc., a cloud-based human capital management (“HCM”) software provider for the long-term post-acute care (“LTPAC”) market, today announced that it has received a strategic equity investment from Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), a leading private investment firm, with participation from the Ziegler Link•Age Fund II, L.P., a private equity fund focused on the post-acute and aging marketplace, and existing investor Health Velocity Capital. Financial terms of the transaction were not disclosed.

Spero Health Opens New Treatment Center in Madisonville, KY to Fight Opioid Epidemic

Brentwood, Tenn. – Spero Health, a CARF-accredited organization and leader in outpatient addiction treatment, has announced the expansion of its integrated care recovery and medical services with the launch of the company’s 21st clinic. The Madisonville Spero Health Center, located at 436 N. Main St., opened October 1 to start seeing new patients.

Health Velocity Invests in Spero Health to Fight Opioid Epidemic

Brentwood, Tennessee – Spero Health, Inc., a newly formed healthcare organization specializing in local, affordable, outpatient care for individuals suffering from substance use disorder, announced that it has acquired investment growth capital to meet the demand in communities across the country for high-quality, comprehensive and integrated addiction treatment services.

MDLIVE Closes $50 Million Strategic Financing to Support Continued Expansion of Industry’s Most Comprehensive Virtual Health Platform

SUNRISE, Fla. (August 1, 2018) –  MDLIVE Inc., one of the nation’s largest and leading telehealth platforms which is focused on delivering high-quality, convenient, cost-effective, multi-specialty virtual access to care, today announced the closing of a $50 million growth investment led by experienced telehealth investor, Health Velocity Capital; by existing partners Cigna Corporation and Health Care Service Corporation (HCSC); and with participation from Novo Holdings A/S and Industry Ventures.

Contessa Secures Financing to Continue Deployment of Inpatient-Level Care at Home Models

NASHVILLE, TN, April 19, 2018–  Contessa Health Inc., a leader and pioneer of Home Recovery Care, a risk-based model that combines all the essential elements of inpatient hospital care in the comfort of patients’ homes, announced today that they have secured additional financing. The round was led by Health Velocity Capital, with participation from existing investors: BlueCross BlueShield Venture Partners, Noro-Moseley Partners, and Sandbox Advantage Fund.


JAN 2, 2018 - Health Velocity Capital is excited to announce that Grant Blevins has joined the firm as a Senior Associate and will be based in the firm’s Nashville office.

Grant joins the firm from FCA Venture Partners, one of Nashville’s most established healthcare venture capital firms.  During his time at FCA (and the seed fund of FCA, Dioko Ventures), he co-sourced investments in HealthiPASS, MediQuire, Vericred, and RubiconMD and was involved with notable investments in Saferide Health, One Medical Passport, ShiftWizard, Healthy Bytes, and others.  At FCA, Grant played a lead role in all deal sourcing and also led research efforts for the firm which helped to develop investment theses. Grant received his Bachelor of Business Administration in Entrepreneurship from Belmont University. 

Infusion Express Appoints Douglas Ghertner as Chief Executive Officer

Infusion Express, Inc., a leading national operator of ambulatory infusion centers serving patients with complex chronic conditions, and a portfolio company of Health Velocity Capital (HVC) and McKesson Ventures, today announced the appointment of Douglas Ghertner as Chief Executive Officer (CEO). Ghertner brings over 20 years of healthcare experience to Infusion Express, including senior leadership positions at CVS Health, Change Healthcare and Emdeon. Most recently, Ghertner served as CEO of Change Healthcare, prior to its sale to Emdeon. Following the sale of Change Healthcare, Ghertner assumed the role of Executive Vice President and Chief Sales Officer, overseeing all sales and channel partner activity for the $1.5 billion healthcare technology and services provider.


Kansas City, MO, October 19 2017 Infusion Express, one of the fastest growing intravenous drug therapy providers in the country, today announced that it has raised $13.5 million of growth capital in order to expand its offering for chronically ill patients, insurance payers, and self-insured employers seeking the highest-quality intravenous drug therapy in the most consumer friendly setting at the lowest possible cost. The round was led by McKesson Ventures and Health Velocity Capital, and included Nueterra Capital of Leawood, Kansas.

OnShift Ranked Number 376 Fastest Growing Company in North America on Deloitte’s 2017 Technology Fast 500™

CLEVELAND, Nov. 09, 2017 (GLOBE NEWSWIRE) -- OnShift, a leader in human capital management software for post-acute care and senior living, today announced it ranked 376 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. OnShift grew 214 percent during this period.


JULY 31 - Health Velocity Capital today announced that Saurabh Bhansali has joined the firm as a Partner and will be based in the firm’s San Francisco office.

Saurabh joins the firm from Humana (NYSE: HUM), one the nation’s leading healthcare companies and the second largest Medicare Advantage insurer in the country, where he helped build and lead Humana Health Ventures.  At Humana, Saurabh led an investment in Aspire Health, an important and leading provider of palliative and end-of-life care management, and was also actively involved with investments in Omada Health and Livongo Health, both first-movers in digital health management in pre-diabetes and Type II Diabetes respectively.