Heyday Health: Virtual-Forward Care Provider Company Secures $12.5 Million

By Amit Chowdhry • Jun 27, 2024

Heyday Health, which is the nation’s first virtual-forward value-based care provider focused on Medicare and dual-eligible patients, announced that it has raised $12.5 million from Gradient Ventures  (Google’s early stage fund), Lionbird (a large national payor), Great Oaks Capital, and Kate Ryder (CEO of Maven Clinic).

This funding will enable Heyday to expand its mission to provide Medicare and dual-eligible patients with high-quality, accessible, and compassionate care from the comfort of their homes.

Heyday’s virtual-forward model starts with a comprehensive physical, behavioral, and social assessment conducted in patients’ homes, or wherever they call home. And every patient enjoys 24/7 access to a personalized care team featuring a physician, a nurse practitioner, and a Health Ally that works with them to design and manage care plans that strive to keep them happy, healthy, and at home.

Heyday care teams work with family members and caregivers who serve as critical partners in optimizing patient outcomes while sharing the burden of caretaking with a professional team. And Heyday’s care team also includes behavioral health and clinical pharmacy providers who help manage behavioral health conditions and complex medication regimens.

With this funding round, Heyday is expanding into the Cincinnati/Dayton area in Southwest Ohio and the Louisville area in Kentucky and has positioned itself for long-term success.

Launched in 2020 by Bobby Shady, Dr. Nupur Mehta, and Sarafina Midzik, Heyday has been caring for patients in Ohio since 2021 and Kentucky since 2023.

KEY QUOTE:

“Our mission is to democratize access to the type of care we want our own families to enjoy. We set out to do this not only in major metropolitan areas, but starting in geographies that could offer a model for the rest of the nation. Three years onward, Heyday has enjoyed the privilege of caring for thousands of patients and is humbled by the opportunity to expand our impact.”

  • Founder and CEO Bobby Shady