Braven, health insurer created by Hackensack, RWJBarnabas and Horizon, enrolls 13,000

Braven Health, a health insurance company launched by two providers and a payer in New Jersey, initially enrolled more than 13,000 people in its Medicare Advantage plans, according to a May 13 ROI-NJ.com report.

Advertisement

In September 2020, Hackensack (N.J.) Meridian Health, RWJBarnabas Health in West Orange, N.J., and Horizon Blue Cross Blue Shield of New Jersey struck a joint venture to create the new health insurance product.

The new health insurer began offering Medicare Advantage plans in eight New Jersey counties in January 2021. Its enrollment is higher than any other Medicare Advantage plan in the area, according to ROI-NJ.com, with seven of every 10 Medicare Advantage enrollees in the eight counties choosing Braven.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Capital

Advertisement

Comments are closed.