
Investments
7Portfolio Exits
1Partners & Customers
10About Banner Health
Banner Health is a nonprofit organization. It focuses on providing a variety of healthcare services. The company offers urgent care, emergency services, telehealth, maternity, hospice, and home care, as well as specialized services such as sports medicine and orthopedics. Banner Health primarily serves the healthcare industry. It was founded in 1999 and is based in Phoenix, Arizona.
Research containing Banner Health
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Banner Health in 2 CB Insights research briefs, most recently on Jul 15, 2024.

Latest Banner Health News
Aug 6, 2024
Giles Bruce - Phoenix-based Banner Health has hired Danville, Pa.-based Geisinger's marketing chief for the same role. Don Stanziano will serve as senior vice president for marketing, brand and public relations at Banner Health. He started in July. "Don will be a tremendous addition to Banner," said Scott Nordlund, executive vice president and chief strategy and growth officer at Banner Health, in a statement. "He is a highly accomplished leader in health system marketing and communications and brings a track record of success across the spectrum — from communicating how an organization is executing against its mission to enhancing the digital touchpoints that today's consumers expect." Mr. Stanziano served as senior vice president and chief marketing and communications officer of Geisinger for six years. Prior to that, he worked for San Diego-based Scripps Health for 14 years, the last seven as vice president of marketing and communications. He has also been a congressional press secretary and started his career as a TV and newspaper journalist. Banner Health is a 33-hospital system with $14.1 billion in annual revenue and locations across six states.
Banner Health Investments
7 Investments
Banner Health has made 7 investments. Their latest investment was in Capital Rx as part of their Series D on August 10, 2023.

Banner Health Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
8/10/2023 | Series D | Capital Rx | $50M | Yes | 3 | |
5/3/2022 | Corporate Minority | |||||
9/21/2021 | Series B | |||||
9/10/2021 | Series B | |||||
12/8/2020 | Unattributed VC |
Date | 8/10/2023 | 5/3/2022 | 9/21/2021 | 9/10/2021 | 12/8/2020 |
---|---|---|---|---|---|
Round | Series D | Corporate Minority | Series B | Series B | Unattributed VC |
Company | Capital Rx | ||||
Amount | $50M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 3 |
Banner Health Portfolio Exits
1 Portfolio Exit
Banner Health has 1 portfolio exit. Their latest portfolio exit was ExceleraRx on January 12, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/12/2021 | Acquired | 4 |
Date | 1/12/2021 |
---|---|
Exit | Acquired |
Companies | |
Valuation | |
Acquirer | |
Sources | 4 |
Banner Health Acquisitions
6 Acquisitions
Banner Health acquired 6 companies. Their latest acquisition was Wyoming Medical Center on August 14, 2020.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
8/14/2020 | Acquired | 1 | ||||
2/25/2020 | ||||||
2/18/2020 | ||||||
12/5/2019 | ||||||
8/1/2019 |
Date | 8/14/2020 | 2/25/2020 | 2/18/2020 | 12/5/2019 | 8/1/2019 |
---|---|---|---|---|---|
Investment Stage | |||||
Companies | |||||
Valuation | |||||
Total Funding |