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Upperline Health
Upperline Health: Will W. Savage, CEO. Provider of value-based lower-extremity care across seven states, backed by General Atlantic and Frist Cressey.
Upperline Health
Upperline Health is a healthcare company based in Nashville, United States, founded in 2016. It has secured $58.35 million in total funding.
General information
Firm type
Asset Manager
Year founded
2017
Location
Region
North America
Country
United States
City
Nashville
Corporate office
Nashville, TN, United States
Principals
Will W. Savage
Chief Executive Officer
Dr. Andrew Woods
Chief Medical Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Upperline Health?
CEO Will W. Savage sets strategy, while clinical direction is led by Dr. Andrew Woods as Chief Medical Officer. The board includes representatives from private-equity investors General Atlantic, Frist Cressey Ventures, and Health Velocity Capital, who participate in capital allocation decisions.
How does Upperline Health source proprietary deal flow?
The firm identifies independent podiatry, vascular surgery, and wound care practices seeking to transition to value-based care. It partners with physicians through practice acquisitions and joint ventures, using its centralized infrastructure to improve margins and outcomes while maintaining local brand identity.
Is Upperline Health structured as a single family office or does it operate more like a venture firm?
Neither—Upperline is a healthcare operating company backed by institutional capital including General Atlantic, Frist Cressey Ventures, and Health Velocity Capital. It functions as a management services organization and physician practice aggregator, not a family office or venture fund.
What investment stages does Upperline Health typically target?
Upperline makes growth-stage investments in existing physician practices (typically $1M–$10M per transaction) and greenfield ambulatory surgery centers. It does not seed startups but rather acquires established, revenue-generating clinics with ≥3 providers and ≥5 years of operating history.
Which sectors does Upperline Health explicitly avoid?
Upperline has no disclosed avoidance list, but all of its disclosed activities focus on lower-extremity care. It does not operate in primary care, pediatrics, or general surgery beyond the foot and ankle.
How is Upperline Health related to General Atlantic?
General Atlantic led Upperline's $58M series B round in 2021 and holds a board seat. The private-equity firm typically retains minority stakes in growth healthcare platforms; it has invested across multiple provider aggregators including more than a dozen physician-practice roll-ups.
Where does the underlying wealth come from?
Upperline Health is not a family office—its capital comes from institutional investors: pension funds, endowments, and high-net-worth individuals that invest in General Atlantic, Frist Cressey Ventures, and Health Velocity Capital funds.
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