Your Office Doctor Is Getting a Big Push From Private Investors - Bnn

Your Office Doctor Is Getting a Big Push From Private Investors - Bnn

(Bloomberg) -- A group of investors is putting up $165 million to fuel an expansion of Paladina Health, bringing a recent surge of private funds flowing into companies that run primary-care clinics to more than a half-billion dollars. The venture capital firm New Enterprise Associates is leading the investment after acquiring Paladina for a reported $100 million earlier this year from dialysis provider DaVita Inc. Paladina, which runs medical clinics for employers, plans to use the money to build new clinics and acquire other firms. Operators like Paladina promise companies a way to gain control over their health-insurance costs, while providing ...

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