Wildflower Health Secures $26 Million Funding to Expand Value-Based Maternity Care Nationally
Wildflower Health, a leading women’s health solutions company, has secured a significant funding round to support its national expansion of value-based maternity care offerings. The company, which specializes in digital and value-based care, announced the close of a $26 million financing round led by TT Capital Partners, with participation from existing investors including Providence Ventures, Health Enterprise Partners, Hatteras Venture Partners, and Echo Health Ventures[2][5].
This funding round marks a significant milestone for Wildflower Health, which has been committed to transforming patient care and outcomes in women’s health since its inception. The company’s comprehensive maternity bundle, which spans from prenatal to postnatal care and accounts for the total cost of pregnancy for both mother and baby, has been recognized for its innovative approach to value-based care[2][4].
Dawn Owens, CEO and Partner of TT Capital Partners, who will join Wildflower’s Board as part of the investment, highlighted the company’s unique position in the market. “Despite increased venture investments in women’s health, providers and payers have struggled to advance true value-based care with OB providers,” she noted. “Wildflower is the first company in the market to fill the solution gaps that have prevented widespread adoption of value-based care in women’s health. Wildflower is ushering in a new era, and we are proud to be part of it.”
The funding will be used to strengthen Wildflower’s internal team and prepare for the nationwide expansion of its proprietary maternity bundle. This bundle is designed to fully operationalize value-based care for OB providers, helping them evaluate and design VBC models alongside payers, install digital health and point-of-care decision support tools, adapt current workflows to value-based requirements, and continuously process data for leveraging key clinical metrics and managing financial payments[2][5].
Providence, a key investor and partner, has also expanded its contract with Wildflower to include the installation of Wildflower’s solution for value-based maternity care across its Southern California region. Dr. David Lagrew, executive medical director of women’s services for Providence, emphasized the value of Wildflower’s expertise in value-based maternity care. “Wildflower has been an extremely valuable partner, helping drive patient and provider activation in digital health technologies to improve quality of care across our health system,” he said. “We are excited to fully leverage the company’s expertise in value-based maternity care to transform the way we care for mothers and babies.”
Leah Sparks, founder and CEO of Wildflower Health, underscored the company’s mission to transform patient care and outcomes in women’s health. “The next phase of delivering on that mission requires accelerating the transition from fee-for-service to a model that rewards providers based on quality outcomes. We are excited to embark on this next chapter in partnership with our payer and provider clients.”
Wildflower Health’s innovative approach to value-based maternity care has been recognized for its comprehensive and integrated solutions. The company’s maternity bundle is designed to address the total cost of pregnancy for both mother and baby, providing a holistic approach to care that includes prenatal, postnatal, and ongoing support. With this funding, Wildflower Health is poised to expand its reach and impact, ushering in a new era for women’s health care.