Devoted Health will start selling the plans, which serve as a private-sector alternative to traditional Medicare, in Florida before expanding nationwide.
The company plans to leverage homegrown technology, including a 24-hour call center and automated care alerts that notify a member’s physician when something goes wrong, to foster a more coordinated healthcare experience.
This latest funding effort, a series B investment round, was led by venture firm Andreessen Horowitz.
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Mississippi health system blames Humana split on improper denials
Arkansas’ Medicaid work rule boots another 4,100 from program
UnitedHealth revenue soars to $57B; Optum quietly picks up pharmacy in Q3
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