Even Healthcare has raised USD 20 million in a fresh funding round to expand its network of managed-care hospitals in Bengaluru, marking a significant milestone in the company’s growth.
The round was led by existing investors Lachy Groom and Alpha Wave, with participation from Sharrp Ventures, taking Even Healthcare’s total funding to USD 70 million and more than doubling its valuation within a year.
The newly raised capital will support the expansion of Even Healthcare’s hospital footprint and strengthen its managed-care delivery model, which prioritises patient recovery and clinical outcomes over hospital utilisation. The model ensures care teams remain accountable throughout the patient journey — from early access and 24/7 teleconsultations to coordinated diagnostics, hospitalisation when needed, and structured at-home recovery support.
Even Healthcare reported that its first hospital reached operating break-even within six months of launch, a timeline significantly faster than the industry average of two to three years. The company attributes this accelerated performance to its outcomes-first model, which aligns clinical and financial incentives around early intervention, continuity of care, and monitored recovery. This approach helps reduce avoidable admissions, complications, and long hospital stays.
Early clinical and operational outcomes from Even Healthcare’s tracked patient cohort demonstrate the model’s effectiveness: zero unplanned 30-day readmissions across more than 350 surgeries, no post-operative infections, over 5,000 OPD visits, and more than 200 hospitalisations avoided through monitored at-home recovery pathways. Additionally, the average length of stay is at least 40% shorter than comparable hospital settings for similar case mixes.
Over the past year, the company has shown strong operational momentum, including a reported 50% reduction in post-surgery readmissions and completion of its first ESOP buyback in early 2025. The funding and operational progress highlight the scalability of Even Healthcare’s managed-care approach, which combines strong clinical outcomes with early unit-level profitability.
