Flexpoint sells ArtesRx pharmacy platform to Linden Capital Partners
Plus: Cityblock Health acquires Homeward Health, raises $116M Series E. The day's rules, money, and enforcement, sourced and tiered below.
Plus: Cityblock Health acquires Homeward Health, raises $116M Series E. The day's rules, money, and enforcement, sourced and tiered below.
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American Health Intel
Rules · Money · Medicine · Decoded daily
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| The Ledger |
Tuesday, August 25, 2026 |
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Flexpoint sells ArtesRx pharmacy platform to Linden Capital Partners
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Plus: Cityblock Health acquires Homeward Health, raises $116M Series E. The day's rules, money, and enforcement, sourced and tiered below.
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Deal Confidence: High
ArtesRx, a pharmacy platform that fills complex medication regimens for patients with serious mental illness and substance use disorders, just changed private-equity owners in a sale to Linden Capital Partners.
Flexpoint Ford, the founding backer, grew ArtesRx from 3 pharmacies in one state to 16 across 15 states since 2023 through acquisitions. Houlihan Lokey advised on the sale; price undisclosed.
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Why it matters
A private-equity backed pharmacy chain serving people with serious mental illness and substance use disorders just changed owners, a sign investors see steady demand in complex-medication management for vulnerable populations.
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Deal Confidence: High
Cityblock Health, which cares for Medicaid and dual-eligible patients, is acquiring Homeward Health, a rural-focused Medicare Advantage company, plus raising $116 million to expand into government-backed healthcare.
The all-stock deal, alongside a $116 million Series E led by General Catalyst, combines Cityblock's roughly 200,000 members with Homeward's 50,000 to reach nearly 250,000 people on Medicaid and Medicare Advantage.
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Why it matters
Two value-based care companies are combining to chase government health spending across both urban Medicaid and rural Medicare populations, a bet that scale and capability, not cuts, is the way to manage cost pressure in government programs.
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