Constellation4 Health, a Tampa-based healthcare technology innovator, has acquired all the interests of Vulcan Health – marking it as Constellation’s first outside investment.
Vulcan Health is a digital referral management platform from Florida Eye Specialists & Cataract Institute, a premier ophthalmology practice on the west coast of Florida.
As part of the acquisition, Constellation4 Health closed its first pre-seed investment from the Henderson Family. The Office specializes in real estate development, early-stage private equity investment, and operational management of portfolio entities, according to Constellation4 Health’s announcement.
The undisclosed investment for Constellation4 Health, which has been self-funded for two years, represents a major milestone.
Startup Report: Constellation4 Health
“This sets the stage for us going for a larger seed raise in early 2023. We also thought it was important for our first investment to come from the Tampa Bay area,” Constellation4 Health founder and CEO Saru Seshadri said in a statement.
“We couldn’t be more excited to have the capabilities built under Vulcan Health as part of our full suite of solutions for Health Insurance Companies and Healthcare Providers. Perfecting the patient circle by improving care coordination is another constellation in our vision. It complements our solution portfolio, improving the payer-provider partnership models, enabling value-based care, and streamlining healthcare workflows,” she said.
“Our care coordination and referral management solutions are beneficial across the healthcare ecosystem. We are already talking with other vision care and primary care physicians who are eager to begin using the platform,” Florida Eye Specialists and Cataract Institute CEO Chris Hill added in the news release. “Joining Constellation4 will create some exciting synergies between our referral system and their suite of provider and payor solutions.”
Through the acquisition, Dr. Gregory Henderson, founder of both Florida Eye Specialists and Cataract Institute and Henderson Family Office, will join the company’s advisory board.