Leverage Health

What Leverage Health does

Leverage Health is a privately held healthcare venture catalyst and advisory firm founded in 2007 as The Lungen Group by Richard Lungen and headquartered in Havertown, Pennsylvania. The firm operates with a small team (stated as 1–10 employees) and connects enterprise healthcare buyers — health plans, provider organizations, employers, and other industry stakeholders — with a vetted portfolio of innovative healthcare companies. Its core service is a multi-dimensional due diligence and introduction process that evaluates prospective portfolio companies on innovation, market conditions, operational sophistication, financials, leadership, product portfolio, business model, and client satisfaction before facilitating enterprise introductions.

The firm does not develop technology products itself; rather, its value proposition rests on its proprietary vetting methodology, its 18-year operating history in healthcare, and the network of relationships its leadership team (drawn from Humana/Ingenix/Optum, Change Healthcare, McKesson, and other industry operators) has cultivated. Its portfolio spans digital health, provider credentialing and lifecycle management (Aperture), NEMT (MediDrive), in-home value-based care for Medicare Advantage (WellBe Senior Medical), digital MSK (RecoveryOne), behavioral health (Psych Hub, Quartet, Kaden Health, Thrivee), food-as-medicine (Season Health), digital dermatology (Zerigo Health), and digital quality measurement (Astrata), among others.

Commercially, Leverage Health generates revenue through advisory and venture catalyst services, with success tied to portfolio company traction. Its go-to-market is enterprise relationship-based, supported by thought-leadership publications (Venture Catalyst Quarterly, Leverage Insights, Portfolio Insights Series), a media/podcast presence, and active participation in healthcare conferences. Pricing is custom and relationship-based rather than publicly disclosed, and the firm has not raised external institutional capital. Named enterprise relationships include Walgreens, Anthem, Independence Blue Cross, MultiPlan, Medical Mutual, CVS Health Ventures, and UPMC Enterprises. The 2014 acquisition of Aperture — the firm's largest operator asset — remains its single most significant strategic action and anchors its credentialing and provider data franchise.

Name

Leverage Health

Legal name

Leverage Health

Website

https://leveragehealth.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

Leverage Health is a privately held, founder-owned healthcare venture catalyst founded in 2007 that vets and introduces innovative healthcare companies to enterprise buyers including health plans, providers, employers, and strategic investors across multiple verticals.

Ownership category

akta.pro rank

Product category

Healthcare Venture Catalyst / Innovation Advisory Services

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Services-Management Consulting Services (8742), Investment Advice (6282)

akta.pro primary industry

Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)

akta.pro secondary industry

Strategic / Balance-Sheet CVC (On-balance-sheet investing) (FSANAHAA)

Keywords

• Venture catalyst services
• Healthcare advisory services
• Innovation vetting services
• Healthcare portfolio management
• Industry partnership facilitation

Headquarters

HQ city

Havertown

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Venture Catalyst / Advisory Services: Revenue generated from accelerating the growth of portfolio companies through strategic introductions, business development support, and access to industry relationships. The company benefits from portfolio company success through various arrangements.
2. Portfolio Company Success: Success tied to portfolio company growth and their ability to deliver solutions to industry stakeholders. The company creates buzz around portfolio companies which attracts other emerging technologies and sparks more innovation.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Leverage Health operates as a venture catalyst that thoroughly vets healthcare innovators through a proprietary due diligence process and connects them with senior leaders at health plans, provider organizations, employers, and other healthcare stakeholders. The firm facilitates strategic introductions, business development support, and market intelligence to help vetted portfolio companies grow and to help industry buyers identify trusted innovative solutions. Revenue is generated through advisory and venture catalyst services tied to portfolio company success and ongoing client relationships.

Product overview

Leverage Health operates as a Venture Catalyst—a single, unified service offering that connects healthcare industry leaders with vetted innovative companies. The company does not offer a traditional software product with modules but rather provides advisory, vetting, and connection services. Supporting publications include Leverage Insights (interviews with industry leaders), Venture Catalyst Quarterly (quarterly newsletter), and Portfolio Insights Series (profile articles on portfolio companies such as MediDrive, WellBe Senior Medical, MOBE, tango, Verisys, SSDC, and others).

Differentiator

Problem solved

Functional benefit

Products and services

• Leverage Health Venture Catalyst Services A B2B venture catalyst and advisory service that vets healthcare innovators through a proprietary due diligence process and introduces pre-qualified portfolio companies (spanning digital health, NEMT, MSK, behavioral health, credentialing, in-home value-based care, food-as-medicine, and more) to enterprise health plans, provider organizations, employers, and other healthcare stakeholders.

Quantifiable outcome

• Venture Catalyst Quarterly publications published consistently from 2020-2026, indicating ongoing market activity and thought leadership
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

13 partnerships are on record, tiered core and notable.

• MediDrive (CTG Partner Company)coreStrategic or Co-development Partner · 8 January 2024MediDrive, a CTG Partner Company, is part of Leverage Health's portfolio. MediDrive focuses on Non-Emergency Medical Transportation (NEMT), redefining what is possible in the NEMT market with modern solutions for Payers and Providers. The company participated at HLTH 2025 conference.
• Corporate Transportation Group (CTG)coreStrategic or Co-development Partner · 8 January 2024CTG is the parent company of MediDrive, which Leverage Health supports as a portfolio company. CTG has built an incredibly successful people transportation business over 45+ years with customers among leading U.S. corporations, para transit, municipalities, health insurers, and direct-to-consumer channels.
• Medical MutualcoreChannel Partner/ Reseller/ Distributor · 28 April 2021Medical Mutual partnered with portfolio company WellBe Senior Medical to offer in-home medical care in Cleveland and Columbus, Ohio. This partnership delivers comprehensive medical care in a person's home for patients facing multiple health conditions.
• Psych HubnotableStrategic or Co-development PartnerPsych Hub is featured in Leverage Health's behavioral healthcare roundtable. The company provides mental health training and education, with Marjorie Morrison as CEO/Co-founder and Patrick Kennedy (former U.S. Representative) as Co-founder.
• QuartetnotableStrategic or Co-development PartnerQuartet is mentioned in Leverage Health's behavioral healthcare discussions. The company focuses on integrating mental health into primary care. Patrick Kennedy serves as board member and Arun Gupta is founder.
• Kaden HealthnotableStrategic or Co-development PartnerKaden Health, founded by Aran Ron (MD), focuses on virtual care for opioid disorders and behavioral healthcare. Mentioned in behavioral healthcare roundtable discussions facilitated by Leverage Health.
• RecoveryOnecoreStrategic or Co-development PartnerRecoveryOne is a Leverage Health portfolio company offering full-body digital physical therapy and MSK care platform. Mark Stryker of Leverage Health serves on their advisory board and has personal experience as a patient, citing tremendous impact on recovery.
• WellBe Senior MedicalcoreStrategic or Co-development PartnerWellBe Senior Medical is a portfolio company providing in-home value-based care to Medicare Advantage population. CEO Jeff Kang featured in Leverage Health insights. Received investment from CVS Health Ventures for nationwide expansion.
• Season (Season Health)notableStrategic or Co-development PartnerSeason is helping health plans and payers tackle costs of chronic conditions exacerbated by lack of access to nutritious food, by providing tailored meal plans developed by nutritionists and coordinating food delivery through grocery partnerships.
• Zerigo HealthnotableStrategic or Co-development PartnerZerigo Health offers a proven solution for self-treatment of mild to moderate psoriasis using a handheld UVB phototherapy device shipped to patients' homes, connected to their phones.
• ThriveenotableStrategic or Co-development PartnerThrivee is a portfolio company focused on humanizing, accelerating, and reducing barriers to access for those suffering from Opioid Use Disorder in the US. Founded by Dave Henderson and Dr. Aran (from Kaden Health).
• AperturecoreStrategic or Co-development PartnerAperture is a Leverage Health portfolio company and the long-time market leader in provider lifecycle and network management including credentialing, provider directories, and provider data quality and compliance. Charlie Falcone serves as CEO and is Co-Managing Member of Leverage Health.
• Wasson EnterprisenotableStrategic or Co-development PartnerWasson Enterprise announced a strategic partnership with MOBE (another Leverage Health portfolio company) to advance whole-person health solutions.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• AVIA: AVIA is a healthcare innovation partner that helps hospitals, health systems, and payers identify, evaluate, and deploy digital health solutions. It operates an analogous venture-catalyst / matchmaker model in healthcare, screening vendors and connecting them with enterprise buyers, making it the closest direct peer to Leverage Health's curated-introduction model.
• The Chartis Group: Chartis is a healthcare-focused management consulting firm serving providers, payers, and health systems on strategy, transformation, and innovation. Its deep healthcare specialization and project-based advisory relationships with enterprise buyers closely parallel Leverage Health's relationship-driven, healthcare-vertical GTM motion.
• Healthcare Growth Partners: Healthcare Growth Partners is a boutique investment and advisory firm focused on healthcare technology and services M&A and capital raising. Like Leverage Health, it is a smaller, healthcare-specialist advisory with deep enterprise relationships serving as the principal differentiator.
• Cascadia Capital: Cascadia Capital is an independent investment bank with a deep healthcare and technology practice advising growth-stage and founder-led companies. Its healthcare-vertical boutique advisory model and relationship-based deal sourcing are directly comparable to Leverage Health's healthcare matchmaking and introductions business.
• TripleTree Holdings: TripleTree is a boutique healthcare investment bank and advisor that advises growth-stage healthcare technology and services companies. Its sector specialization, advisor-led relationships with enterprise buyers, and healthcare-innovation thesis match Leverage Health's curation and introduction model.

Emerging players

• LRVHealth: LRVHealth is a healthcare-focused venture capital firm that invests in and connects early-stage companies with a network of provider and payer LPs. While it deploys capital rather than pure advisory, its LP network of healthcare enterprises mirrors Leverage Health's enterprise sponsor value proposition.

Broad incumbents

• Guidehouse (formerly Navigant): Guidehouse is a large professional services firm with a dedicated healthcare segment serving payers, providers, and government health agencies. It provides analogous healthcare advisory services but at substantially greater scale and broader scope, positioning it as a broader incumbent rather than a direct specialist peer.
• Huron Consulting Group: Huron is a large consulting firm with a significant healthcare practice serving health systems and payers. Like Guidehouse, it represents a broader incumbent that competes for enterprise healthcare advisory work where Leverage Health operates, though at meaningfully larger scale.
• Optum Advisory Services: Optum (UnitedHealth Group) operates a healthcare consulting and innovation arm that works with payers, providers, and employers on strategy, transformation, and digital health adoption. Notably, Leverage Health's Co-Managing Member previously led Aperture within Humana/Ingenix/Optum, making Optum an adjacent industry incumbent rather than a direct SMB peer.
• ZS Associates: ZS Associates is a large management consulting and technology firm with a dedicated healthcare practice serving pharma, payers, and providers on commercial strategy and analytics. It competes for healthcare innovation advisory work at significantly greater scale than Leverage Health, serving as a broader incumbent comparison.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/leverage_health
• YouTubeyoutube.com/channel/UCmDBiOzqVL8RUYZpIwAXQcA
• LinkedInlinkedin.com/company/leverage-health-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Leverage Health