UpStream Care
The business, the turning points, and the decisions behind them.
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Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
UpStream Care was a Greensboro, North Carolina health technology company founded in 2019 that supported value-based primary care. It embedded pharmacist-led clinical teams into primary care practices and provided a care coordination, workflow and financial platform that let practices take on full-risk Medicare and Medicare Advantage contracts, paying practices on quality during the performance year instead of waiting for government settlement payments.
02 / FAILURE REASONS
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03 / EVENT HISTORY
Events in the structured record
- Founded
UpStream Care was founded in Greensboro, North Carolina, to build a management-services platform for advanced primary care practices in value-based care.
- Series B
The company raised $140 million in a Series B round co-led by Coatue and Dragoneer, with participation from Avidity Partners and Mubadala, bringing total funding to nearly $185 million.
- National expansion
UpStream partnered with Innovaccer to scale its value-based care model nationwide, continuing to deploy its platform and clinical teams into primary care practices.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
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Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
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