Aspire Health, a Nashville, TN-based palliative care company has raised $32 million in funding round that was led by GV (formerly Google Ventures), the venture capital arm of tech giant Alphabet Inc. (Google’s parent company). The company plans to utilize the funding to make better use of its data by developing more algorithms and natural language processing (NLP) search functions that would benefit home healthcare and create new programs for cancer patients.
Co-founded by former Senate Majority Leader Bill Frist in 2011, Aspire Health’s network of outpatient palliative care practices provides comprehensive medical care for patients facing a serious illness. Aspire serves patients in partnerships with four of the nation’s five largest health plans as well as a number of regional and local health plans.
Aspire’s team in each market is led by a board certified palliative care physician who is supported by a team of specialized nurse practitioners, nurses, social workers and chaplains. Aspire’s physicians and advanced practice nurses are available to patients 24/7.
To date, Aspire has cared for over 15,000 patients facing a serious illness and is providing over 100,000 home-based palliative care visits annually. Aspire now serves patients in 19 states and the District of Columbia.
“Improving the quality of life for patients facing a serious illness is one of the biggest opportunities we have to improve our nation’s healthcare system,” said Ben Robbins, a Venture Partner at GV. “We are excited to partner with Aspire as they continue to expand access to palliative care to patients across the country.”
