Cityblock Health agreed to acquire Homeward Health and secured a $116 million Series E to expand its value-based care footprint. The transaction targets rural healthcare delivery and Medicare Advantage populations, extending Cityblock’s model beyond its existing markets. The funding is intended to support scale and operational capacity as Cityblock pursues additional care contracts and provider partnerships under value-based arrangements. Homeward’s rural positioning may also help Cityblock refine workflows and performance metrics in settings that are operationally challenging. The move reflects ongoing consolidation in services delivery, with capital increasingly flowing into platforms that can demonstrate measurable outcomes rather than episodic utilization alone.