PeopleOne Health, a healthcare provider based in Pittsburgh, has successfully raised $32.3 million in a Series B funding round.
The funding round was led by Google Ventures, indicating strong investor confidence in the company's innovative healthcare model.
PeopleOne Health operates on a membership fee structure paid by employers, allowing employees and their families to access personalized primary care without copays, deductibles, or co-insurance.
The funding will be used to expand PeopleOne's operations in western Pennsylvania and Florida, where the company has recently opened new clinics. The company aims to attract more employer partners and increase its patient base.
PeopleOne Health focuses on preventive care, which helps identify health issues before they become more serious and costly. The company limits the number of members per health center to ensure a higher level of personalized care.
PeopleOne Health plans to open three additional health centers in central Florida in the next three months. The company has experienced significant growth, adding 59 new employees to its workforce, and plans to scale its operations in Pennsylvania and Florida.
PeopleOne Health aims to set a new standard in primary healthcare by providing a concierge-style experience and leveraging advancements in chronic condition management. The company's expansion and focus on quality care highlight the potential for transformation in the healthcare industry.
The support from investors like Google Ventures emphasizes the importance of innovative approaches to healthcare delivery that prioritize patient outcomes and cost efficiency.