The company's health insurance service platform partners with health systems and care partners to provide health plans and connected healthcare experience to support relationships between consumers and care providers, enabling users to access affordable health insurance plans. September 22, 2020; Fresh news now 0 Summary List Placement. Equity securities are offered through EquityZen Securities. EquityZen is a marketplace for shares of proven pre IPO tech companies. Bright Health is based in Minneapolis. 2020 is shaping up to be a pivotal year for health insurance startups. Bright Health raises $500M ahead of expansion into small-business plans (MOBIHEALTHNEWS) ... 2020 may be the year from hell, but healthtech IPO boom continues (MED CITY NEWS) Despite the COVID-19 pandemic, rising unemployment, and 2020’s other woes, healthcare technology firms continue to go public. From the company’s exclusive partnerships with leading health systems, to affordable health insurance … For Individual & Family plans, 833-356-1182. Bright Health gives providers the tools they need to optimize their practices and deliver value-based care to the patients they serve. TLDR. Here’s a look at how the hot health insurance startups have fared this year. © 2020 MobiHealthNews is a publication of HIMSS Media. Candidates include Binance, Coinbase, Silvergate & tZero. Investing in private companies may be considered highly speculative and involves a high degree of risk, including the risk of substantial loss of investment. For Employers. Bright Health in the news. View Bright Health stock / share price, financials, funding rounds, investors and more at Craft. 2 months Bright Health just raised $500 million and Oscar Health is reportedly eyeing an IPO. Its Medicare Advantage and individual and family plans are set to grow into six new markets within Florida, North Carolina and Illinois. Last year it raised $635 million and closed rounds worth $200 million, $160 million and $80 million in the three years prior. Here’s a look at how the hot health insurance startups have fared this year. In other news, Olive gets $106 million bringing their total to $220 million; Olive is a back office automation system using AI for hospitals and this round is practically financed by royalty. For Individual & Family plans, 833-356-1182. This funding allows us to continue to scale our transformative model and fulfill our purpose of lowering health care costs while improving outcomes, experience and access.”. It first began offering plans in the State of Colorado in a partnership with Centura Health after several large insurers announced they would be pulling out of the state. “At Bright Health we are leveraging our person-centric, intelligent technology platform to build a diversified and digitally integrated health care company,” said Mike Mikan, Bright Health’s CEO, in a statement. View More Companies . Consumer insurance plans for individuals across the country. Additionally, the tech-enabled company runs a consumer-minded platform consisting of web tools and a mobile app. “By aligning with our Care Partners, we have created a more personalized, affordable and convenient end-to-end health care experience for consumers. Request Access. Company profile page for Bright Health Management Inc including stock price, company news, press releases, executives, board members, and contact information Others in the space include Clover Health, which had its own $500 million funding round in 2019, Oscar Health, which scored $225 million this summer, and Moscow-based BestDoctor, which secured $4.5 million this year. The funding round included new investors Tiger Global Management, T. Rowe Price Associates and Blackstone, as well as existing investors including NEA, Bessemer Venture Partners and Greenspring Associates. About Bright Health Stock. EquityZen helps investors to access private companies and their employees to sell shares. Insurtech companies have taken advantage of the public’s desire for lower healthcare costs. Bright Health Raises $80M Series A Led by Bessemer and NEA Minneapolis. These funds, in addition to existing capital, will be used to help the company expand into new geographies, Bright Health said. By driving it all is its person-centric, intelligent technology platform which connects consumers, payers, and providers with the common purpose of lowering health care costs while improving outcomes, experience, and access. Bright Health just raised $500 million and Oscar Health is reportedly eyeing an IPO. Insurtech company Bright Health announced today another bout of funding, this time racking up $500 million for its Series E round. In May, Oscar Health raised $225 million from investors including Alphabet and General Catalyst. Loading... Get In Touch. Insurtech company Bright Health announced today another bout of funding, this time racking up $500 million for its Series E round. HIMSSCast: The advertising double standard holding back femtech startups, Indonesia’s Alodokter successfully raises Series C extension funding. By accessing this site and any pages thereof, you agree to be bound by our Terms of Use.EquityZen and logo are trademarks of EquityZen Inc. Other trademarks are property of their respective owners.© 2020 EquityZen Inc. All rights reserved. It’s the good-for-you individual health insurance reshaping how you and your doctor achieve better health together. Bright Health is always working to innovate healthcare systems and evolve as a company, and that sometimes lands us in the news. Today on Health in 2 Point 00, Jess is in Jacksonville hanging out with Jackson the dog, aka @barkyboy. This latest funding round follows a slew of others in past years. Medicare 101 for Digital Health Part 1: What is Medicare and how did it get this way? Contact Bright Health to see if you qualify. Bright Health valuation is $950 m,. In 2017 Bright Health acquired the marketing firm Spyder Trap, and its founder became Bright Health's Chief Technology Officer. 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