AbsoluteCare
Type: Value-based integrated care provider (not a payer) HQ: Columbia, MD Model: Medical centers delivering primary care, behavioral health, urgent care, pharmacy for complex Medicaid/Medicare populations Markets: 11 markets across 5 states (MD, PA, OH, IL, LA) Funding: $240M raised; $135M in July 2025 from Kinderhook, CVS Health Ventures, Pacific Life Key stat: 34% reduction in ED visits, 20-30% decrease in total cost of care
Prior Relationship
None. Clean slate.
- L. Davis (ldavis@absolutecare.com)
- Joseph Wagner, CFO
This is a re-engagement, not cold outreach.
C-Suite
| Name | Title |
|---|---|
| Michael Radu | CEO |
| Anoop Raman, MD, MBA | Chief Clinical Officer |
| Greg P. Foti, MD | Chief Medical & Transformation Officer |
| Joe Wagner | CFO |
| Rob Posner | CTO |
| Chris Goldsmith | Chief Strategy Officer |
| Michelle Croasdale | Chief Growth Officer |
What's Going On
- Rapid expansion — 4 new markets in 2025 (Akron, Cincinnati, Dayton, Chicago)
- CVS Health Ventures as strategic investor signals payer alignment ambitions
- No public AI announcements — could be greenfield
- Value-based model = they bear financial risk on utilization decisions
Who to Email
Greg P. Foti, MD — Chief Medical & Transformation Officer. "Transformation" in the title = owns clinical process improvement. Their value-based model means UM decisions directly hit their P&L.