Oak HC/FT leads funding of US HealthVest

US HealthVest, which develops behavioral health facilities nationwide, announced it has secured $50 million in a Series B round of funding led by new investor Oak HC/FT, with existing investors Polaris Partners, F-Prime Capital Partners and Dr. Richard A. Kresch. Kresch, president and chief executive of USHV, previously founded Ascend Health Corp. USHV raised a $36 million round of funding in 2013.

Source: Company press release