Health Essentials Gets Backing From Bessemer, SV Life Sciences

Santa Ana-based Health Essentials, a provider of post-acute care for the frail and elderly, has scored a round of growth capital from two Silicon Valley venture investors. Health Essentials said it raised a round of funding from SV Life Sciences and Bessemer Venture Partners, which will be used for expansion of services and geographies. Size of the funding round was not disclosed. Health Essentials is headed by Kim Phan, and offers up clinical services to skilled nursing facilities, hospices, pharmacies, and more. The company's affiliates include GeriNet Medical Associates, Gerinet Healthcare, Hospice Touch Inc., Comfort Rx and Health Essentials DME, and the firm currently provides services in California, Nevada, and Arizona. More information »