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Yuvo wants to help the 1,400 Federally Qualified Health Centers in the US grow revenue and capacity. His startup, Yuvo, helps community health centers participate in value-based programs from insurance companies, which rewards health care providers with incentive payments for the quality of care they give people. As a middle man between the insurance providers and the health centers, Yuvo opens up access for these health centers to participate in the programs by assuming the risk involved in some of these contracts. From the success of the program, Yuvo added five other health centers in New York and Ohio, said Herrera. "We can double the revenue of health centers for many patients and that's game changing for an organization," said Herrera.
Persons: Yuvo, Cesar Herrera didn't, Herrera Organizations: Health Centers, Mastry Ventures, Federally, Health Center, AV8 Ventures, New York Ventures, HLM Venture Partners, VamosVentures, Social Innovation Fund Locations: NY, Detroit, New York, Ohio
Youth health-tech startup Hopscotch raised a seed round led by Greycroft and Inspired Capital. Hopscotch just raised an $8 million seed round led by Greycroft and Inspired Captial. Hopscotch is a full-service telehealth platform that provides in-network mental health care for children and teenagers. Youth mental health startups are booming and could become a $26 billion industry by 2027, as estimated recently by Telocity, the arm of Vinaj Ventures that invests exclusively in the space. Check out the 12-slide pitch deck that Hopscotch used to secure $8 million in seed funding.
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