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Humana selects Thyme Care for oncology services
By  Anthony Vecchione 09:00 am March 3, 2025
Humana has unveiled an agreement with value-based cancer care platform Thyme Care with the aim of providing oncology support for its Medicare Advantage (MA) members. The agreement impacts MA members who reside in Michigan, New York, Illinois, Indiana, Tennessee, Pennsylvania and New Jersey.  Eligible Humana members will have access to Thyme Care’s services, which include 24/7 virtual care...
Executives reviewing data
Lynx secures $27M for consumer-directed health initiatives
By  Anthony Vecchione 01:29 pm February 10, 2025
Boston-based fintech company Lynx, which aims to simplify healthcare payments and administration, announced it closed an oversubscribed $27 million Series A funding round. The funding brings the company's total raise to more than $44 million since it launched in 2022.  The round was led by Flare Capital Partners, with participation from CVS Health Ventures, McKesson Ventures, and existing...
Executives at a lecture
Scripta Insights secures $17M for health plan expansion
By  Anthony Vecchione 10:25 am December 19, 2024
Scripta Insights announced it raised $17 million in Series B funding led by Aquiline, bringing its total raise to $42 million. Contour Venture Partners, Eastside Partners and ReMY Investors participated in the round. Avery Klinger from Aquiline will be joining Scripta's board of directors as part of the deal.    WHAT IT DOES Scripta Insights develops pharmacy navigation solutions for self-insured...
Healthcare professional comforting patient
DarioHealth partners with Medicare Advantage plan for digital mental health benefits
By  Anthony Vecchione 02:40 pm October 2, 2024
DarioHealth, a digital chronic-condition-management platform, announced it has entered into a new contract with a national Medicare Advantage health plan and plans to launch its behavioral health initiative, Twill by Dario, for the plan's members in Jan. 2025. Dario's platform and set of solutions provides data analytics and one-on-one coaching for a variety of health conditions, including...
man in chair with cane
Clover Health, Quartet launch whole health program to address mental illness in seniors
By  Trevor Dermody 04:31 pm March 20, 2024
Tennessee-based insurtech provider Clover Health announced a partnership with mental and behavioral health platform Quartet Health, which will bring value-based behavioral healthcare to Clover members with severe mental illness through Clover Home Care.  Clover Home Care delivers care access, medication support, mental and physical care coordination, and community resources to seniors. Clover...
Person sitting in a chair looking at a tablet
Medicare Advantage insurtech company Devoted Health secures $175M
By  Jessica Hagen 04:52 pm January 2, 2024
Tech-enabled Medicare Advantage company Devoted Health announced it scored $175 million in Series E funding at the end of 2023. Venture capital companies Fearless Ventures, Highbury Holdings, Stardust Equity, GIC, Maverick Ventures and The Space Between led the round. Andreessen Horowitz, Emerson Collective, Socium Ventures, The Private Shares Fund, and affiliated funds, General Catalyst, F-Prime...
Healthcare provider talking to a patient in a hospital gown while both look at a tablet
Insurtech company Clover Health avoids stock delisting
By  Jessica Hagen 06:06 pm August 7, 2023
Medicare Advantage insurtech company Clover Health announced it received a notice from NASDAQ stating the company has regained compliance with the minimum bid price requirement of closing at $1 or more per share for at least 10 consecutive days.  The company said that thanks to NASDAQ's notice, it will revisit its plans to effect a reverse stock split and share reduction proposal, as noted in a...
Person sitting in a wheelchair with a healthcare provider next to them, looking out a window
Insurtech company Clover Health settles remaining lawsuits
By  Jessica Hagen 12:57 pm June 26, 2023
Tennessee-based Clover Health announced it reached an agreement to settle seven lawsuits in Delaware, New York and Tennessee pertaining to allegations the company did not disclose it was under active investigation by the Department of Justice when it went public in 2021.  Clover Health provides Medicare Advantage insurance plans and offers provider tools, such as its Clover Assistant, which...
A nurse using a stethoscope on an older patient in her home.
Contributed: Expanding Medicare Advantage in rural America starts with improving access to care
By  Dr. Aaron Friedkin 12:20 pm October 13, 2022
On paper, Medicare Advantage enables all the tools payers need to provide the plan of choice in rural communities. This potential, however, has generally not translated to real-world success for Medicare Advantage plans. Despite consistent enrollment growth in metropolitan areas, rural markets remain relatively untapped. Data from the Centers for Medicare and Medicaid Services (CMS) show market...
Older man using a tablet
Medicare Advantage startup Devoted Health rakes in $1.15 billion in Series D funding
By  Mallory Hackett 11:56 am October 11, 2021
Tech-enabled Medicare Advantage company Devoted Health closed a hefty $1.15 billion Series D funding round led by Uprising and SoftBank Vision Fund 2. Returning investors GIC, Andreessen Horowitz, Premji Invest, Maverick, Frist Cressey Ventures and NextView Ventures as well as new backers ICONIQ Growth, General Catalyst, the Base10 Advancement Initiative and Emerson Collective also chipped into...
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