Livara Health

Overview

Livara Health, previously known as SpineZone, is a healthcare company specializing in musculoskeletal (MSK) management. Founded in 2014, the company is headquartered in San Diego, California. Livara Health is a leader in value-based care solutions, combining virtual and in-person care for optimal MSK treatment. The organization was established by Kian Raiszadeh, who also co-founded SpineZone. Renowned for its high-impact approach, Livara Health has raised significant funding, including a recent $15 million Series B led by A1 Health Ventures.

Recent Developments

  • 2024: Livara Health raised $15 million in a Series B funding round led by A1 Health Ventures, with contributions from existing investors such as Polaris Partners and Providence Ventures. This funding will accelerate the company’s plans to enhance value-based MSK care, emphasizing care planning, delivery, and navigation solutions (Businesswire).
  • In 2024, Livara Health introduced Nicole Fetter, MD, as the Chief Strategic and Clinical Operations Officer, marking a strategic push towards enhancing clinical and operational capabilities (LinkedIn).
  • By mid-2024, Livara had expanded its MSK management platform's reach, with nearly 4 million people eligible for access through various partnerships (Finance Yahoo).
  • 2023: Leadership changes at Livara Health included the appointment of Rob Cohen as CEO. Cohen brought extensive experience from his previous tenure at Bamboo Health (Businesswire).

Company Information

AttributeInformation
Founding Date2014
HeadquartersSan Diego, California
FoundersKian Raiszadeh
Latest Funding$15 Million (Series B)
Key InvestorsA1 Health Ventures, Polaris Partners, Providence Ventures
IndustryHealthcare/MSK Management
Number of EmployeesData not specified

Early History

Originally founded as SpineZone, Livara Health focused on providing non-operative options to manage musculoskeletal pain. The founders identified inefficiencies in traditional surgical practices and recognized the potential of offering integrated virtual and in-person care models. Initially, Livara aimed to provide targeted MSK care in Southern California, utilizing technology-driven solutions to achieve better clinical outcomes and reduce reliance on surgeries and opioids.

Company Profile and Achievements

Livara Health's business model integrates high-touch care with advanced technology, partnering with payors and providers to establish a value-based MSK care solution. The company reduces hospital visits and escalates specialized care as necessary. Key achievements include:

  • Raising $27.6 million to date and managing care for over 100,000 patients.
  • Successful reduction of surgical interventions, with patients requiring less frequent surgeries, injections, and opioid prescriptions.
  • Strategic partnerships with major health systems like Scripps Health and Providence Health & Services (CB Insights).

Current Operations and Market Position

Livara Health is actively engaged in advancing its value-based MSK care model, delivering services through a hybrid care model. The company has expanded its