Pearl Health Secures $110 Mn to Scale AI Platform for Medicare Providers, Expand Into Medicare Advantage
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Its platform combines AI, population health analytics and clinical decision support to help physicians identify patients who require timely interventions, improve care quality and manage financial risk more effectively.
New York-based Pearl Health has secured $110 million in fresh funding to expand its AI-powered platform supporting Medicare providers.
The investment will help the company strengthen value-based care programs, launch new risk solutions, enter the Medicare Advantage segment, and deepen collaborations with health systems and payers across the United States.
Founded in 2020, Pearl Health develops technology that enables primary care practices to participate in value-based Medicare programs.
Its platform combines artificial intelligence, population health analytics and clinical decision support to help physicians identify patients who require timely interventions, improve care quality and manage financial risk more effectively.
The latest financing includes a $50 million equity investment led by Andreessen Horowitz, with participation from Viking Global Investors, AlleyCorp and Ulysses Capital.
The company has also secured a $60 million credit facility led by Trinity Capital, bringing the total funding package to $110 million.
Pearl Health's platform supports primary care physicians by analyzing patient data to identify individuals who may benefit from proactive care.
It helps identify patients with multiple chronic diseases, recent hospital admissions, or other high-risk conditions, while providing clinical recommendations and population health insights.
The platform also tracks quality measures such as annual wellness visits and hospital readmission rates, helping providers improve performance under value-based payment models.
Earlier this year, the company partnered with Accountable Health Partners, a clinically integrated network affiliated with the University of Rochester Medical Center, to standardize care coordination and help providers identify patients who would benefit from proactive outreach.
In 2024, it also partnered with MDX Hawai'i to deliver AI-driven data and insights for physicians caring for Accountable Care Organization patients.
Beyond these collaborations, Pearl Health has built partnerships with organizations including Walgreens, Wellcare, Virginia Care Partners, Synapticure and ambient AI company DeepScribe.
The company previously raised $75 million in Series B funding in 2023 after securing an $18 million Series A in 2021.
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