Town Hall Ventures

In the Summer 2024 issue of Weill Cornell Medicine's Impact Magazine, Town Hall Ventures Partner Dr. Meera Mani talks about how she puts her academic training into practice in our work on innovation for underserved communities - whether it's the importance of data-driven inquiry and creativity, of being on-site and deeply understanding patient and provider experiences, or of bringing more healthcare voices into investment decisions. Read the full feature from Weill Cornell's Impact Magazine here: https://lnkd.in/ekwY63Ma

Congratulations to Cityblock Health for being named to the CNBC Disruptor 50 list for the fourth year in a row. Read more here: https://lnkd.in/esBVjB5n

Congratulations to Thyme Care on their $95M capital raise! Thyme Care is transforming how patients experience cancer care across the care continuum. They’ve proven that their team, technology, and model work to fuel cancer care affordability and improve the experience for patients and providers at a time when the broader cancer care ecosystem is reaching a financial breaking point, costing billions of dollars every year. The Town Hall Ventures team couldn't be more proud to support this incredible team with their Series C announcement. Read more in STAT here: https://lnkd.in/ger7CNrs Robin Shah Bobby Green Bradford Diephuis

Congrats to the Hopscotch Primary Care team on completing your Series C raise, in service of your important mission to provide exceptional healthcare in rural communities. Town Hall Ventures is delighted to continue to be your partner on this journey! These communities really need access to care, and the road ahead is wide open to scale Hopscotch Primary Care's model.

Last year, 1 in 10 teens attempted suicide. It almost never starts there. Instead, it begins with a mild or moderate, treatable mental health issue. Structural features in our healthcare system render it virtually impossible for teens to get the help they need. Between acute provider shortages and low insurance participation, kids have no access to timely, effective care. And without treatment, symptoms that were once mild can rapidly devolve. Meet Marble Health: Our mission is to increase access to timely, preventative care for all teens. Marble accepts all insurance plans, including Medicaid, and offers virtual care with an emphasis on group therapy. No insurance holdups. No waitlists. I’m thrilled to announce that Marble has raised 5M in funding from Khosla Ventures, Town Hall Ventures, IA Ventures, with participation from Rex Woodbury at Daybreak, Lorimer Ventures, and strategic advisors, including the CEO of Rightway, among others. Tackling the teen mental health crisis requires an exceptional team. If you’re interested in joining us, we’d love to hear from you. We’re hiring across the board.

The kids are not all right. Sadly, since the pandemic, we are facing a national emergency in youth mental health. Today, nearly 1 in 5 youth have a behavioral health disorder (CDC), which has been compounded by the effects of social media, social isolation from COVID-19, and environmental stressors out of their control - climate change, political volatility, school violence, and more. For the last several years, we've been following state and federal governments as they've made multi-billion dollar commitments to expand youth mental health services, starting in schools. To translate these dollars into better outcomes for children and adolescents, especially those from low-income backgrounds, we believe we have to solve two fundamental problems. First, creating efficiencies to make the most of the very limited supply of high quality clinicians. Second, making it easier for teachers and guidance counselors - who are already overburdened - to help their students, regardless of background or ability to pay. When Jake Sussman and Daniel Ross told us these were the same problems they wanted to tackle next after building Headway, we couldn't have been more thrilled to support them. They'll be starting right in our backyard, in the same NY public schools where Jake taught. "Ever since the pandemic, our nation has become aware of the crisis of kids experiencing mental health challenges. Marble, with support getting started from Town Hall, is doing something about it. Led by a former teacher and pioneer in mental health, Marble is already bringing badly needed expert mental health support to kids and their schools," says Town Hall Ventures General Partner Andy Slavitt. Read more about Marble Health here: https://lnkd.in/eQGQZQKc

In partnership with Emerson Collective, Town Hall Ventures brought together a group of leaders in healthcare to experience Equal Justice Initiative's sites in Montgomery, AL. This time of learning and reflection is critical as we build consequential companies improving the healthcare system. We encourage visiting and supporting the Equal Justice Initiative in Montgomery, AL. Reach out for more information on visiting EJI.

"Since VBC engagement has increased since 2019 among members with chronic kidney disease, Humana's medical expense ratio for this group has dropped more than 12%" Proud of Strive Health's role in such transformational outcomes. #StriveOn #CKD #valuebasedcare

Town Hall Ventures General Partner Andy Slavitt was appointed as a commissioner on the National Academy of Medicine's Commission on Investment Imperatives for a Healthy Nation. Over two years, the Commission will examine the findings of five expert workstreams on the impediments to key drivers of health system performance; assess the national health and economic consequences of the performance shortfalls; and estimate the improvements that could be achieved from use of the policy, programmatic, and cultural levers available to foster alignment and reverse system shortfalls. Read more here: https://lnkd.in/g4yqs8t2

Huge congratulations to Equality Health Founder and CEO Hugh Lytle for being selected as the winner of the EY Entrepreneur of the Year program in the Southwest region! We are honored to be partnered with inspiring entrepreneurs like Hugh.