Finance

Arbital Health Seals Deal with Santa Barbara Actuaries and Secures Series A Funding

Published January 5, 2024

Arbital Health has successfully finalized its acquisition of Santa Barbara Actuaries, a distinguished authority in structuring and appraising value-based healthcare programs. This strategic move pairs with Arbital Health's completion of its Series A financing round, further underpinning its mission to become the impartial adjudicator in outcomes-based healthcare contracts. The company's ambition aligns with the industry's ongoing transition towards a model that emphasizes the quality of care over the volume of services rendered.

Advancing Value-Based Healthcare Solutions

In the realm of healthcare, the focus on value-based care represents a significant restructuring of payment approaches, where providers are incentivized based on patient health outcomes rather than the quantity of services provided. Through the acquisition of Santa Barbara Actuaries, Arbital Health is poised to enhance its capabilities in designing sophisticated models that accurately measure the effectiveness of these programs, thereby aiding healthcare providers and payers in their pursuit of value-driven care.

Strengthening Financial Foundations

The closure of Arbital Health's Series A financing round marks a pivotal moment for the company, equipping it with the necessary resources to expand its influence in the healthcare sector. This influx of capital will also bolster the company's operational infrastructure, enabling it to scale and refine its services to meet the growing demand for outcome-based healthcare contractual solutions.

Arbital, Acquisition, Financing