Employer Direct Healthcare, a network company for employers who self-fund healthcare coverage, announced it garnered $92 million in secondary investment from Insight Partners, bringing its valuation to $1 billion.
Existing investors Redmile Group, Dundon Capital and Serent Capital will continue to receive ownership interest in the business.
The company also announced the hiring of numerous...
Virgin Pulse, a mobile-first employee wellness and engagement company, announced its intent to merge with HealthComp, a benefits and analytics platform, to create a technology and data-enabled healthcare service for employers.
The reported $3 billion deal, first reported in the Wall Street Journal, will form a combined entity that utilizes technology and an AI-enabled data platform to deliver...
AI-powered third-party administrator Marpai announced it would add value-based care provider NuvoAir, a virtual-first specialty care provider focused on managing patients with complex heart and lung conditions, to its Marpai Connect platform.
NuvoAir offers same-day virtual care appointments to individuals with cardiopulmonary conditions, such as chronic obstructive pulmonary disease, chronic...