PeakMed Named One of Colorado Companies to Watch in 2017
We are proud to announce PeakMed was named as one of Colorado Companies to Watch. At the awards gala Friday night, PeakMed and a select number of other Colorado companies were given the honor.
PeakMed is changing the relationship members have with their doctors and health care. Our life centers focus on same-day as well as preventative care that is affordable and easy to access. PeakMed has clinics within the Colorado Springs and Denver areas serving thousands of members who want a better experience with their doctor.
Colorado Companies to Watch looks beyond startups and more specifically at second stage companies like ours with 6-99 employees, where employment growth is strong.
“Being named one of the Colorado Companies to Watch is an honor and will go a long way in helping PeakMed continue to expand our health care model in Colorado and do our part in bringing jobs and a healthy economy to our state,” Dr. Mark Tomasulo, founder of PeakMed. “We are very grateful for our supporters who have also helped us get to where we are today.”
To learn more, the Denver South Economic Development Partnership interviewed Dr. Tomasulo for Colorado Companies to Watch, you can check that out here. PeakMed is interviewed about 90 seconds into the video.
PeakMed has announced a $5.5 million fundraise, led by ASI Capital, LLC, which will support PeakMed’s expansion to include new LifeCenters, telemedicine technology, vehicles for house calls and additional staff.
ASI Capital, LLC, a private debt and equity firm based in Colorado Springs, led this fundraising round through its Healthcare Fund and Income Fund.
“Demand for our health care model is growing,” said Dr. Mark Tomasulo, founder and chief medical officer of PeakMed. “ASI Capital is our partner that believes in what we are doing and wants to see PeakMed succeed. This money is helping PeakMed be more accessible to more people.”
PEAKMED’S EXPANSION PLANS
With this funding comes PeakMed’s expansion. PeakMed will open new LifeCenters in Colorado Springs and Denver this fall as well as be able to perform house calls to members using two new vehicles for this service. Additionally, PeakMed is hiring additional staff and implementing new technology to allow secure 24/7 communication between doctors and members through a call, email, text and even video chat.
“We recognize the need for change in the health care marketplace,” Sean Hawkins, managing partner of ASI Capital, LLC, said. “PeakMed’s reinvention of health care with a model that brings focus back to the doctor-patient relationship, preventative care, affordability, and access to care is something that we want to see succeed for people in Colorado and beyond.”
“We anticipate significant growth over the next year,” Jon Hernandez, CEO of PeakMed said. “In addition to opening new locations, we expect to offer new services to our members that aren’t available in traditional health care plans.”
Recently, the funding from ASI Capital, LLC and PeakMed’s expansion plans were covered in the Denver Business Journal. It is a very exciting time to be a part of PeakMed as it looks ahead to the future. Watch for more news coming out this fall!
Denver Business Journal: Denver ‘direct primary care’ company to expand with $5.5M in new funding
Aug 23, 2017, 3:43pm MDT – A Denver-based “direct primary care” company has raised $5.5 million to expand its number of locations and to launch a program of house calls. PeakMed, founded in 2014, offers around-the-clock access to patients who pay a flat monthly fee to the firm. Such direct primary care, a small but growing field in Colorado, allows patients to bypass insurers and create a relationship with physicians that is based on personalized care plans rather than on reaction to health emergencies. The company announced Wednesday that it has completed a $5.5 million fund-raising round led by ASI Capital Inc., a Colorado Springs private-equity firm with a focus on health care.