Devoted Health
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Devoted Health raises $1.1B, sending valuation soaring past $12B
Though the Medicare Advantage-focused insurance technology startup is smaller than rivals like Clover Health in terms of membership and revenues, this latest financing round places it ahead of, or at least on par with, several larger competitors with regard to total funds raised.
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MedCity Influencers, Health Tech, Payers
Great Expectations—Devoted Health and the positive patient experience
We find much to admire in the fact that Devoted is a payer obsessed with the unit economics of love–building positive patient experiences one family-member at a time.
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Payer’s Place: Dawn Maroney
Dawn Maroney, President, Markets of Alignment Health and CEO of Alignment Health Plan, to discuss how they are using technology to provide better service and care to consumers.
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Insurtech company Oscar Health chooses MA launch markets
Oscar, which was initially founded in 2012 to serve the emerging Obamacare insurance exchanges, decided to enter into Medicare Advantage after a $375 million funding round from Alphabet last year.
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Clover Health is laying off a quarter of its workforce, two months after $500M fundraise
The Medicare Advantage startup positioned the layoffs as a way to focus more on developing specific expertise in Medicare Advantage and healthcare.
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Clover Health raises massive $500M round in exploding Medicare Advantage space
The new funding, led by by existing investor Greenoaks Capital, is simply the latest in a number of monster investments in insuretech companies looking to broach Medicare Advantage.
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Devices & Diagnostics, Diagnostics, Payers
Apple reportedly looking at Medicare Advantage plans to subsidize Apple Watch
Medicare Advantage has been a lucrative space for potential experimentation in lowering healthcare costs due to its capitated model which allows for more flexibility in approach in providing care.
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Why Devoted Health has put family at the center of its mission
Devoted Health co-founders Todd and Ed Park spoke at the StartUp Health conference about why they created a company “working manically to care for everyone like mom.”
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Analyzing the biggest payer storylines in 2018
A selection of the biggest payer stories in 2018, ranging from Amazon’s healthcare incursion to Medicare Advantage’s continued growth.
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Bright Health raises $200M to push the gas pedal on growth
Led by former UnitedHealthcare CEO Bob Sheehy, Bright is one of a crop of insurance startups looking to disrupt the industry with better consumer experiences and closer integrations with providers.
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Applying Remote Patient Monitoring to Surgery Prep and Recovery, Oncology and Women’s Health
Join us to learn about the latest trends in remote monitoring and how to extend its benefits beyond chronic conditions to more patients – all while using fewer staff resources.
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Oscar Health expands New York small group insurance offerings
The company has launched its Circle Plus product which adds three major New York providers – Northwell Health, Memorial Sloan Kettering, and Westmed Medical Group – to its network.
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Devoted Health just raised $300M. Can it stand out in an increasingly crowded market?
The Medicare Advantage startup pitches itself as a “payvidor” as it goes against a host of competitors including Bright Health, Clover Health and Oscar Health.
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Improving the patient experience: The next frontier in health tech
It’s time for entrepreneurs and purchasers to remember that the patient isn’t a component of a healthcare technology plan, they are the point of it.
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Athenahealth cofounders launch insurance startup aimed at Medicare Advantage members
The business is poised to compete with Bright Health, which offers plans for individuals and Medicare recipients, and Clover Health, a health insurance startup that focuses on Medicare members.
Promoted
Payer’s Place: Dr. Anil Singh
Dr. Anil Singh shares his insights into the strategies employed by the organization to identify the most effective digital solutions for their members.
Promoted
Discover the Next-Gen Platform for Integrated Collaborative Care
Beyond EHRs and digital front doors, reducing the gaps in patient care journeys.
