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Synopsis
General Atlantic, a global growth equity firm, led a $115m round in Author Health, a comprehensive care and treatment company, with participation from Flare Capital Partners, a venture capital firm. “Our nation is clearly struggling to meet the health and social needs of people with behavioral health conditions, and those needs are only increasing within our aging population. Author Health was born out of the necessity to fundamentally shift how our health system prioritizes behavioral health and preventive services. By aligning Medicare Advantage health plans and clinicians to improve health, and using a combination of technology and community relationship-building to open access for hard-to-reach populations, Author Health is primed to meet the growing demand for psychiatric care on a national scale,” Katherine Hobbs, Author Health CEO.
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