Votive Health

Votive Health

Votive Health | Improving Complex Care at Home.

HQ location
San Luis Obispo, United States
Launch date
Employees
Enterprise value
$10—15m
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Votive Health operates as a technology-enabled network manager with a focus on delivering complex care to individuals with serious illnesses in their homes. Founded in 2020 by Torrie Fields, the company is headquartered in San Luis Obispo, California. Fields' personal experiences with illness at a young age, combined with her professional background in emergency preparedness, epidemiology, and building palliative care programs for major health plans like Blue Shield of California and Cambia Health Solutions, directly shaped the company's mission.

The firm addresses the fragmented nature of the U.S. health system for patients with serious illnesses, who often experience frequent, high-cost services such as avoidable hospital admissions and emergency room visits. Votive Health functions as an intermediary between healthcare payers (like insurance companies) and providers (such as home health and hospice agencies). Its business model centers on creating and managing value-based arrangements. This involves assessing a provider's capability to succeed under these payment models, then negotiating and pricing the contracts on their behalf. The company's technology platform facilitates this payer-provider integration, aiming to make high-quality home-based care financially sustainable for providers while ensuring payers see value.

For its clients, which include Medicare Advantage plans, managed Medicaid, and private insurers, Votive Health builds and manages a nationwide network of palliative care providers. It supports the ongoing management of contracts to ensure performance guarantees are met and that providers receive a steady stream of patient referrals and payments. The company formally launched in April 2021, coinciding with a $2.5 million seed funding round led by Flare Capital Partners, with participation from Chrysalis Ventures and OCA Ventures. This was followed by an additional $300,000 in funding in March 2022, bringing the total raised to $2.8 million. The leadership team includes experienced professionals in medicine, law, finance, and technology.

Keywords: value-based care, complex care at home, serious illness management, payer-provider integration, home health, hospice agencies, palliative care network, healthcare technology, network management, Medicare Advantage, managed Medicaid, healthcare financial models, care coordination, patient referrals, health plan solutions, healthcare contract negotiation, in-home care services, chronic care management, healthcare system fragmentation, population health management

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