Apervita Secures $22M to Fuel Growth

Apervita, an Illinois Ventures portfolio company, announced a $22M internal raise to further accelerate growth. The health IT company empowers payers, providers, and other stakeholders to more efficiently and effectively measure clinical and financial performance, improve clinical quality, and administer value-based contracts. By providing an independent, secure, trusted platform to perform shared analyses, Apervita uniquely allows stakeholders to gain mutual, continuous clinical and financial insights and integrate those insights into various systems and workflows simultaneously and at scale.

"Apervita has led the way with the next generation infrastructure supporting digital performance measurements and value-based transactions, helping payers and providers as they transition to more fully aligned value-based healthcare,” Said CEO, Kevin Hutchinson. “As a result, our payer and provider clients are pioneering far more comprehensive and cost-effective models of quality measurement and value-based arrangements. This new capital will allow us to accelerate investment in our leading-edge technology and support expansion in partnership with our growing client base."

Serving more than one in five hospitals in the United States and several nationally recognized health plans, Apervita conducts more than 10 billion value-based computations and insights for their clients every year.

To learn more about Apervita, click here. To learn more about Apervita’s recent raise, click here.