Cityblock

Kinnevik Stake

Value-based healthcare provider for underserved urban populations, with a focus on Medicaid and Medicaid/Medicare dually eligible members

Business overview

Cityblock is a healthcare provider focused on underserved and low-income populations in the US. They deliver integrated primary care, behavioral health care, and social support to patients with complex needs, both virtually and in their communities. Cityblock operates a value-based care model, meaning the company is paid to improve patients’ health and makes profits based on patients’ healthcare outcomes.

Cityblock partners with national and regional health insurers and health systems, receiving a fixed monthly payment per member to manage their care. If it successfully improves outcomes and reduces overall medical costs by preventing expensive interventions, Cityblock shares in the cost savings.

Kinnevik's view

Cityblock addresses a large and growing healthcare need in the US through its accessible, scalable, and community-based care model. With a vast and growing market of over 94 million eligible beneficiaries, we believe value-based care represents the future of American healthcare.

AI presents an operational leverage opportunity for Cityblock, particularly in addressing the structural constraints in its industry such as provider shortages, administrative burden, and care coordination gaps. Cityblock is already deploying AI-powered clinical productivity tools that automate eligibility checks, documentation, and care coordination, freeing providers to focus on direct patient engagement.

With strong leadership, expanding partnerships, and increasing use of technology and AI to enhance care delivery, the company has the potential to capture a meaningful share of government-funded healthcare spending over time.