NewSpring Health Capital of Radnor and the Philadelphia College of Osteopathic Medicine led the Series B funding for Philadelphia Urgent Care Management, owner of vybe urgent care center, writes John George of Philadelphia Business Journal.

Five years earlier PCOM and NewSpring Health Capital first teamed up to invest in vybe urgent care.

The urgent care centers also received funding from its original seed investors and members of the company’s management team.

Peter Hotz, vybe’s president and CEO, said that the money will be used to cover the cost of the newest urgent care centers in Radnor, Blue Bell and in Philadelphia on City Avenue.

He added that the funding will also support marketing and corporate operations as the company grows.

Vybe currently has 250 employees and runs 15 centers in the Greater Philadelphia area, including centers in Roxborough, Bensalem and Havertown.

“We’re seeing steadily increasing demand for urgent care services – especially in the underserved areas of the city where we have located our centers – due to challenges in accessing either emergency room or primary care services,” Hotz said.

Read more about NewSpring Health Capital and PCOM and the vybe urgent care centers in Philadelphia Business Journal.

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