Wellvana Health 1

Wellvana CEO and Board Member Kyle Wailes

Locally based physician network company Wellvana on Monday announced an $84 million capital raise, which brings the company’s total funding to $140 million since 2020, according to a press release.  

The money will go toward growth in existing markets and new locations, according to the release. The fund is co-led by Nashville-based Heritage Group and Valtrius, an arm of New York City private equity firm Welsh, Carson, Anderson & Stowe. Texas not-for-profit Memorial Hermann Health System also contributed.