Bala Cynwyd Primary Care for Seniors Emerges from Stealth Mode with $50M in Series A Financing

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Patina Health, a Bala Cynwyd home-focused primary care provider for seniors, has emerged from stealth mode with a total of $57 million raised since its inception in 2019, writes John George for the Philadelphia Business Journal.

The company recently completed a $50 million Series A financing round led by some big-name Silicon Valley investors, including venture capital firms Andreessen Horowitz and GV.

Patina Health plans to launch a model to deliver in-home and virtual primary care early next year for patients in select Medicare Advantage plans.

“As we become older, we all deserve a better care experience that sees us, understands us, and accepts our role in guiding our own care so we can live our fullest lives,” said Patina Health CEO Jack Stoddard.  “That kind of model doesn’t exist in health care today, so we’re building it.”

Patina spent eighteen months researching and applying “human-centered design principles” to develop the company from the perspective of older adults, said Stoddard.

“We’ve gathered invaluable feedback from hundreds of people over 65, and their loved ones, to better understand their experiences, frustrations, and underlying need,” he said.

Read more about Bala Cynwyd’s Patina Health’s Series A financing round in Philadelphia Business Journal.

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