Health Tech, Startups

UpStream Rakes In $140M to Scale VBC for Seniors

UpStream — a company that provides technology and services for physicians enrolled in value-based care models — raised $140 million in Series B funding. The company doesn’t charge providers to use its services. It has negotiated rates with Medicare programs and takes on both upside and downside risk — but physicians “only see the upside” because they get paid by UpStream no matter what, according to CEO Sanjay Doddamani.