Lehigh Valley Health Network
1503 North Cedar Crest Boulevard, Allentown, PA, 18104, United States
Overview
Lehigh Valley Hospital, based in Allentown, Pennsylvania, is the largest hospital in the Lehigh Valley and the flagship hospital of the Lehigh Valley Health Network (LVHN). LVHN includes two full-service hospitals in Allentown, Pa., and Bethlehem, Pa., plus Children’s Hospital at Lehigh Valley Hospital, Community Health Centers, primary care and specialty physicians, pharmacy, imaging, home health, hospice and laboratory services. The health network’s motto is "A Passion for Better Medicine."
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Education
- Health Care
- Home Services
- Hospital
Investment portfolio
- Judy Rx
Participated · Equity · Oct 2023
Capital Rx operates a cloud-native pharmacy benefit management (PBM) platform that adjudicates prescription drug claims and provides price transparency to employers, insurers, and other payers. The company is now broadening its technology to handle medical claims as well, positioning itself as an end-to-end claims processor across both pharmacy and medical benefits. By unifying these workflows, Capital Rx aims to give payers better visibility into total healthcare spending and negotiate more favorable rates. Management says the fresh capital will accelerate product expansion and support additional hiring to meet customer demand. The firm reports an oversubscribed funding round and cites strong interest from new and existing investors. A spokesperson disclosed that Capital Rx now carries a $3.25 billion valuation, underscoring investor confidence in its growth trajectory. Although detailed revenue or user metrics were not provided, the company emphasized that the additional funds will enable it to scale its platform nationwide.