HCSC Ventures, the wholly owned investment firm of Blues parent Health Care Service Corp., led a $42 million funding round for Solera Health, a social determinants of health startup.
Based in Phoenix, Solera Health pairs health plans and employers to a network of community and digital health solutions that are paid through medical claims. To date, the startup has contracts that cover more than 60 million lives.
The network includes programs for diabetes management, hypertension, stress, sleep, tobacco cessation, and weight management. With the new funding, Solera Health plans to expand its network for behavioral health and social determinants of health services that include food insecurity, medically tailored meals, transportation, fall prevention and social isolation.
Solera Health has raised a total of $72 million.
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