Skylight Health

Skylight Health is a healthcare company that has undergone significant strategic shifts. Originally founded as CB2 Insights in 2014 by Pradyum Sekar and Kashaf Qureshi, the company initially operated as Skylight Health Group, a healthcare services and technology firm focused on running a multi-state network of primary care clinics in the United States. This entity grew through an aggressive acquisition strategy, purchasing numerous primary care and specialty clinics between 2020 and 2022. The business model involved operating physical clinics, providing services from primary care to diagnostics, and utilizing a proprietary electronic health record system that supported telemedicine. The company's revenue was primarily generated through a fee-for-service model with payors like Medicare and Medicaid, while also aiming to transition practices to a value-based care (VBC) model to improve patient outcomes and financial performance.

However, in mid-2023, Skylight Health Group faced financial difficulties, leading to foreclosure and settlement transactions with its secured lenders. This resulted in the wind-down of its US operations, the resignation of its key executives including the founders, and the cessation of material operations. Following these events, a new iteration of Skylight Health was launched on August 4, 2025, co-founded by new leaders Jesse Hunter and Dr. Doug Smith. This relaunched entity is a mission-driven company focused on solving the challenges of fragmented specialty care. It operates a value-based, specialist-centric model designed to improve access and coordination across the specialty care continuum. To accelerate its mission, the new Skylight Health secured $13 million in financing from investors including Valtruis, Andreessen Horowitz (a16z), and Allen & Company LLC.

The modern Skylight Health platform aims to transform specialty care delivery through a shared data platform for specialists and payors, a collaborative care model that integrates multiple specialties, and the development of local collaboration hubs to enhance patient access to care. This new model shifts from being a direct operator of acquired clinics to a platform that connects patients, primary care providers, and specialists through improved data and coordination.

Keywords: value-based care, specialty care coordination, healthcare platform, care continuum, health data analytics, patient outcomes, multispecialty model, care navigation, primary care integration, clinical research