Prognosis
Your Office Doctor Is Getting a Big Push From Private Investors
- NEA, Carlyle pour money into workplace primary-care clinics
- Cheapest doctors can have big impact on health-care spending
This article is for subscribers only.
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.