What is AbsoluteCare?
AbsoluteCare operates under a 'Beyond Medicine' model, aiming to enhance health outcomes for individuals enrolled in complex Medicaid and Medicare programs. The company's approach is holistic, integrating intensive support for social determinants of health, behavioral health services, primary and urgent care, and comprehensive pharmacy management. This integrated strategy is designed to address the multifaceted needs of its member population.
How much funding has AbsoluteCare raised?
AbsoluteCare has raised a total of $148M across 3 funding rounds:
Private Equity
$12M
Debt
$1M
Private Equity
$135M
Private Equity (2016): $12M, investors not publicly disclosed
Debt (2020): $1M led by PPP
Private Equity (2025): $135M supported by Pacific Life, Lexington Partners, CVS Health, and Kinderhook Industries
Key Investors in AbsoluteCare
Pacific Life
Pacific Life Insurance Company is a financial services provider offering a range of insurance products, annuities, mutual funds, and investment services.
Lexington Partners
Lexington Partners LP is a private equity firm specializing in secondary private equity and co-investment opportunities, founded in 1994.
CVS Health
CVS Health aims to deliver high-quality, affordable healthcare through an integrated model, focusing on consumer-centric experiences and improved health outcomes.
What's next for AbsoluteCare?
The recent major strategic investment signals a pivotal growth phase for AbsoluteCare. This capital infusion is expected to fuel the expansion of its innovative healthcare delivery model, potentially enabling broader market penetration and the enhancement of its technological infrastructure. The company's focus on complex populations suggests a strategic direction towards addressing underserved segments within the healthcare landscape, positioning it for continued development and impact.
See full AbsoluteCare company page
