Bain Capital Ventures Invests $50M in Remedy Partners
July 24, 2015
Bain Capital Ventures has made a $50 million Series B investment in Remedy Partners, a developer and manager of bundled payment programs. The round comes just over a year after Remedy Partners received over $35 million in funding that valued it at $93.5 million. Since implementing its first partnership in 2013, Remedy has live bundled payment programs in more than 1,300 healthcare provider sites, including more than 800 hospitals. Mike Krupka of BCV will join Remedy's Board of Directors.