Healthworx
1501 S. Clinton Street, Baltimore, MD, 21224, United States
Overview
Healthworx operates at the intersection of healthcare and innovation by creating, supporting, and investing in companies that are improving healthcare quality, accessibility and affordability. As the innovation and investment arm of CareFirst of Maryland, Inc., Healthworx envisions a healthier future for all people by changing the way health works.
- Total investments
- 18
- Lead investments
- 4
- Investments · 12mo
- 1
- Active investors
- 5
Sector focus
- Health Care
- Health Insurance
- Hospital
- mHealth
- Venture Capital
Investment portfolio
- Chamber Cardio
Participated · Series A · Feb 2026
Chamber Cardio is building the infrastructure needed for cardiologists to thrive under value-based care contracts. Its workflow-native platform ingests cardiology data and uses artificial intelligence to flag high-risk patients, identify gaps in guideline-directed therapy, and cut down on manual chart review. These insights are paired with operational support aimed at reducing preventable complications and hospital utilization while improving patient experience and giving payers clearer visibility into total cost of care. The company already partners with multiple health plans and works with more than 500 cardiologists across seven states. Fresh capital will be deployed to deepen health-plan and practice partnerships, enter additional markets, and grow Chamber’s clinical, operational, and technology teams. Following its $60 million Series A, backed by leading health-tech investors, Chamber is positioned to accelerate national expansion in a market where cardiovascular disease remains one of the largest drivers of U.S. healthcare spending.
- Positive Development
Participated · Series C · Aug 2025
Positive Development is a McLean, Virginia-based provider of developmental therapy and autism diagnostics that emphasizes a lower-intensity, lower-cost model of care grounded in Developmental Relationship-Based Interventions. Led by Co-founder and CEO Mike Suiters, the company positions itself as the largest provider of developmental therapy in the United States. Its services aim to expand access to autism care for families through partnerships with major health plans. Recently, it extended collaboration agreements with Anthem Blue Cross and Blue Shield and Oklahoma Complete Health, broadening insurance coverage for its offerings. The firm plans to continue scaling its footprint into both new and existing U.S. markets and to pursue strategic acquisitions. By combining clinical expertise with payer partnerships, Positive Development seeks to make evidence-based autism services more affordable and widely available.
- Culina Health
Led · Series A · Dec 2024
Culina Health, founded in 2020 by dietitians Vanessa Rissetto and Tamar Samuels, provides virtual access to registered dietitians for chronic disease prevention, wellness, and weight-loss counseling using its Culina Health Method. The company emphasizes culturally-affirming, nonjudgmental care and increasing diversity among nutrition providers. Culina already works with insurance companies and Medicare and says at least 70% of the U.S. can access its platform. The startup has served more than 10,000 patients to date. With the new funding it plans to expand and enhance its nutrition counseling, implement AI platforms to improve care efficiency and reduce clinician burden, and strengthen its leadership team with key hires. The company positions itself as offering personalized, clinically rigorous nutrition care rather than one-size-fits-all solutions. Culina Health operates a personalized nutrition platform that delivers clinical-level care exclusively through registered dietitians. The company has grown for 18 months via bootstrapping to a 20-practitioner practice and has delivered over 18,000 sessions to date. Culina is covered by most major insurance plans and works alongside existing care providers and insurers to make nutrition more affordable and accessible. The platform positions registered dietitians at the center of preventive and chronic-care nutrition, targeting broad demand for clinical nutrition services. Culina is based in Hoboken, NJ and serves patients across the United States. Funds from the announced round will support continued product development, technology investment, and geographic and service expansion.
- Kins
Led · Series A · Jul 2024
Kins is a Boston-based digital-first hybrid physical therapy practice that combines virtual and in-person care to enable therapists and patients to collaborate on personalized care plans. The company operates a hybrid care platform for physical therapy delivery and coordination. Kins plans to use the Series A proceeds to accelerate development of its virtual and in-person care platform. The company also intends to expand into the Washington, D.C., Maryland, and Virginia markets. Led by CEO Dan Smith, Kins positions its model for collaboration with payers on value-based care delivery. The firm says it has proven its care model with patients, providers, and health systems. Kins operates a digital-first hybrid physical therapy model that combines in-home visits and virtual care to deliver patient-centric, 1-on-1 treatment. Founded in 2021 at Redesign Health and launched in New York in September 2021, Kins has expanded into Massachusetts and partners with payers and providers including Aetna, Cigna, UnitedHealthCare, Blue Cross Blue Shield, Harvard Pilgrim, and Optum Care. The company plans to use new financing to further develop its hybrid model and expand into additional markets while hiring and partnering in New York, Massachusetts, and other regions. Since launch, Kins reports 30% month-over-month growth, a 4.9 out of 5 patient satisfaction rating, 68% retention to care plan, and 71% clinical improvement per patient. Kins positions its approach as a solution to high clinic-centric dropout and therapist turnover by providing therapists autonomy, flexibility, and more time to build patient relationships.
- Better Health
Participated · Equity · Jun 2024
Better Health is a San Francisco, CA–based provider of medical supplies and support for people with chronic conditions. Co-founded by Adam Breckler and Naama Stauber Breckler, the company serves patients with ostomy, chronic wounds, diabetes, chronic retention, and incontinence. Its solution combines a cohesive care model that incorporates peer coaching, education, and home delivery of medical supplies to drive engagement, adherence, improved outcomes, and reduced costs. The company recently raised $14M in financing following a prior $10M Series A. Better Health plans to use the funds to bring a more comprehensive solution to payers and providers and to expand into new categories to serve members with chronic conditions. Backers named in the round include Healthworx, UHealth – University of Miami Health System, Mosaic General Partnership, new investor Samsung Next, and existing investors such as Caffeinated Capital, General Catalyst, Bill Ackman’s family office Table Management, and at.inc/. Better Health offers an end-to-end chronic condition care solution that bundles peer-support, education, telehealth and home delivery of medical supplies to help members discover and purchase appropriate equipment and manage conditions at home. The company reports strong member growth (4.5x growth in the first half of 2021) and clinical outcomes from its programs: a company study found 64% of participants reduced utilization of care and 47% saw improved mental health scores. Better Health currently operates in 46 states and its services are covered by insurance for more than 81 million lives; reported insurance partners include Medicare, Medicaid, Oscar Health and Humana. The team plans to build out specialized telehealth services covered by insurance, expand its bundled supplies, education and telehealth model into new product categories and chronic conditions, and deepen partnerships with health systems and payers. The company recently closed a $10 million Series A to support those expansion plans. Better Health operates an e-commerce marketplace designed to simplify how people with chronic conditions buy home medical supplies. The company provides one-to-one advisors, peer coaches with lived experience, product education and hands-on help navigating insurance, paperwork, cost estimates and appeals. Founder Naama Stauber Breckler built the business after earlier work on CompactCath exposed systemic problems in the medical-supplies market. Better Health is Medicare-licensed in 48 states and has partnerships with commercial payers including Humana and Oscar Health. The startup estimates the U.S. home medical-supplies market at roughly $60 billion annually, underscoring the opportunity. It recently raised seed funding to pursue improving customer choice, experience and innovation in the space.