What is AbsoluteCare?
AbsoluteCare operates at the intersection of clinical medicine and social support, deploying its Beyond Medicine model to improve health outcomes for high-acuity Medicaid and Medicare members. By integrating behavioral health, primary and urgent care, and pharmacy services with intensive support for social determinants of health, the company addresses the root causes of health disparities. This holistic approach is designed to reduce total cost of care while significantly enhancing the quality of life for vulnerable patient populations, positioning AbsoluteCare as a critical partner for health plans and government entities seeking to optimize value-based care delivery.
How much funding has AbsoluteCare raised?
AbsoluteCare has raised a total of $148M across 3 funding rounds:
Private Equity
$12M
Debt
$1M
Private Equity
$135M
Private Equity (2016): $12M, investors not publicly disclosed
Debt (2020): $1M led by PPP
Private Equity (2025): $135M supported by Pacific Life, CVS Health, Lexington Partners, and Kinderhook Industries
Key Investors in AbsoluteCare
Pacific Life
Pacific Life Insurance Company is a diversified financial services provider offering life insurance, annuities, and investment products, bringing significant institutional stability to the investment round.
CVS Health
CVS Health is a leading healthcare innovation company focused on delivering connected, high-quality care experiences and improving health outcomes for consumers across the United States.
Lexington Partners
Lexington Partners is a prominent private equity firm specializing in secondary market transactions and co-investment opportunities, providing strategic financial depth to the company's capital structure.
What's next for AbsoluteCare?
With the recent capital deployment, AbsoluteCare is well-positioned to scale its integrated care delivery platform across new geographies and expand its service capacity. The strategic involvement of major industry players suggests a focus on deepening clinical integration and enhancing technological infrastructure to support data-driven care management. As the healthcare sector continues to shift toward value-based reimbursement models, AbsoluteCare's ability to demonstrate measurable improvements in patient outcomes will be central to its long-term growth. Future initiatives will likely prioritize the expansion of its proprietary care model, potentially through targeted acquisitions or partnerships that leverage the expertise of its current investor base to drive operational excellence and market penetration.
See full AbsoluteCare company page