Iora Health secured $28 Million in its Series C funding round from four new investors — Foundation Medical Partners, Rice Management Company, GE Ventures and Khosla Ventures — as well as its existing investors: .406 Ventures, Fidelity Biosciences and Polaris Partners. The company will use the additional financing to fund rapid expansion to continue delivering transformative health care. Already in six states, Iora expects to double in size in 2015.

Iora Health’s service ensures improved health outcomes while also lowering overall plan costs.Iora Health’s service ensures improved health outcomes while also lowering overall plan costs. The model is powered by its proprietary collaborative care system, allowing the care teams to focus on what patients need most (care) to deliver better outcomes. Serving over 10,000 patients in their existing practices, Iora’s Net Promoter Scores (patient satisfaction) are consistently over 85%, well above the industry average, while their clinical outcomes in areas including managing diabetes and hypertensives continue to surpass national averages.

The company currently manages eleven primary care practices across the U.S. for distinct patient populations including employers, Medicare Advantage insurance plans, commercial insurance plans, and Taft Hartley Trust funds. Iora’s sponsors include the Culinary Health Fund, Dartmouth College, the Freelancers Union, Grameen PrimaCare, Humana, King Arthur Flour, Lahey Health, the New England Carpenters Benefits Fund and Turntable Health.