EL SEGUNDO, Calif.–(BUSINESS WIRE)–Greater Good Health, a premier partner to risk-bearing organizations in managing total cost of care, announced today a $20.5 million Series B financing led by Allumia Ventures, along with up to $12.5 million in a venture debt facility from HSBC Innovation Banking. Participation came from new investors DaVita Venture Groupand Granite Financial Holdings, the investment affiliate of Blue Cross of Idaho, as well as existing investors Flare Capital Partners, Optum Ventures, LRVHealth, Health Velocity, Martin Ventures, and Epsilon Ventures.

“By empowering nurse practitioners to lead care teams, we have built a proven care model that manages complex populations proactively and cost effectively, improving clinical outcomes while bringing discipline to medical spend.” – Sylvia HastananShare

The US healthcare system is struggling with significant quality, cost, and access issues, along with a growing primary care physician shortage that is straining the industry further. This investment underscores the crucial need for accessible, high-quality, value-based primary care, particularly for adults on Medicare in underserved markets. Greater Good Health is dedicated to expanding access to high-quality, value-based care through its nurse practitioner-centric model, aiming to meet the urgent need for more providers and better care.

“As the country’s population ages, the traditional primary care model simply isn’t keeping up, clinically or financially,” said Sylvia Hastanan, Founder and CEO at Greater Good Health. “Healthcare is facing two very real challenges at the same time – a growing shortage of physicians and medical costs that continue to rise faster than outcomes. We built Greater Good Health to be practical and outcomes-focused, whether that’s when we’re working alongside primary care or whether we are primary care. By empowering nurse practitioners to lead care teams, we have built a proven care model that manages complex populations proactively and cost effectively, improving clinical outcomes while bringing discipline to medical spend. The healthcare system doesn’t need more complexity – it needs solutions that work.”

Greater Good Health serves more than 200,000 patients across its primary care clinics and integrated clinical services platform. Operating as an extension of health plans, hospital systems, and provider organizations, the company supports proactive, longitudinal management of complex populations in value-based arrangements. Demonstrated outcomes include 4+ STAR quality performance, over 200% growth in preventive care engagement, meaningful reductions in unnecessary acute admissions, and a patient Net Promoter Score above 90. Greater Good Health’s first three primary care clinics were opened in partnership with Humana in Montana. In December 2025, Greater Good Health opened its fourth clinic – and first in Idaho – in partnership with Blue Cross of Idaho. These expansions underscore the strength of the model and the growing demand for high-quality primary care for an aging population. With this latest funding, Greater Good Health is positioned to further strengthen its value-based care platform, deepen payer partnerships, and expand its geographic reach.

“The ongoing physician shortage remains one of the biggest challenges for our healthcare industry,” said Branden Fini, Partner at Allumia Ventures. “Greater Good Health’s approach to empowering nurse practitioners to deliver high-quality value-based care is an innovative and successful approach to solving the problem. We believe deeply in Greater Good Health’s mission and are proud to support the team as they transform healthcare.”

About Greater Good Health

Greater Good Health enables the expansion of value-based care through scalable partnerships with risk-bearing organizations and health plans. By building primary care infrastructure in underserved markets together with embedding integrated clinical programs within existing networks, Greater Good Health deploys care models that drive better clinical outcomes, lower total cost of care, and enhance the patient experience.

Contacts

Media Contacts

Erica Frank
Greater Good Health
erica.frank@greatergoodhealth.com

Ariel Kramer
Klover Communications
ariel@klovercommunications.com

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