Austin, Texas-based Suvida Healthcare launched Oct. 12 with a growth capital investment from New York-based General Atlantic and Town Hall Ventures.
Suvida Healthcare was founded in 2021 and seeks to deliver culturally competent, coordinated care to seniors in neighborhoods across the United States, according to an Oct. 12 news release.
Suvida's co-founder and CMO, Ana Fuentevilla, MD, said the existing healthcare system fails vulnerable seniors and their families.
"The ongoing pandemic has placed a spotlight on what has been true for a long time – seniors from historically marginalized groups experience systemic cultural and social barriers to high-quality and accessible care, resulting in significant disparities in health outcomes," Dr. Fuentevilla said.
Suvida aims to deliver a team-based, neighborhood-centric model of care rooted in cultural competence and community engagement, according to Austin Pittman, Suvida's co-founder, and CEO.
"We hope to achieve this by deeply embedding ourselves in the neighborhoods we serve through building relationships, earning trust, and exceeding expectations. We fundamentally believe that seniors have earned the right to an exceptional healthcare experience that treats each person and their families with dignity and respect," Mr. Pittman said.
Suvida will begin accepting patients at its neighborhood centers in the Houston and Austin, Texas, areas beginning in late 2022, according to the release.