What is AbsoluteCare?
AbsoluteCare operates on a 'Beyond Medicine' model, fundamentally designed to enhance health outcomes for members enrolled in Medicaid and Medicare. The company's approach is holistic, integrating intense support for social determinants of health, comprehensive behavioral health care, primary and urgent care services, and a fully integrated pharmacy. This whole-person strategy aims to address the multifaceted needs of individuals with complex health conditions, positioning AbsoluteCare as a key innovator in value-based care.
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 Kinderhook Industries, Pacific Life, CVS Health, and Lexington Partners
Key Investors in AbsoluteCare
Kinderhook Industries
Kinderhook Industries is a private investment firm focused on middle market businesses in healthcare services, environmental/business services, and automotive/light manufacturing. They have a track record of building industry leaders through financial expertise and a network of operating partners.
Pacific Life
Pacific Life Insurance Company offers a range of life insurance products, annuities, mutual funds, and investment products and services to businesses and individuals.
CVS Health
CVS Health aims to build a world of health around every consumer, delivering high-quality, affordable health care with unmatched reach and focusing on superior, connected experiences to improve health and well-being.
What's next for AbsoluteCare?
The substantial enterprise-level funding and recent strategic investment signal a strong growth trajectory for AbsoluteCare. This capital infusion is expected to fuel the expansion of its innovative care model, potentially enabling wider geographic reach and deeper integration with healthcare systems. The focus on complex Medicaid and Medicare populations suggests a strategic push to capture a larger share of this growing market, driven by the increasing demand for integrated, patient-centric healthcare solutions.
See full AbsoluteCare company page
