Clover Health, an Alphabet-backed health insurer, has long emphasized its commitment to technology to help predict when its members are likely to get sick so the company can intervene before that happens.
"As Clover enters this new era of growth, we are restructuring some teams in recognition of our need for deep Medicare Advantage skill sets to continue propelling us forward to fully achieve our mission of improving every life," the company said. Clover, which was started in 2012 and has raised just shy of $1 billion, previously struggled to meet its customer needs, prompting the company to hire a number of new executives last year. It's since staffed up more in health care, with hires like Shea Helmle, formerly of the health insurer Florida Blue, and Kim Mullins, a longtime health consultant.
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Health insurance startup Clover Health just laid off 25% of its staff months after raising $500 millionClover Health on Wednesday told employees it's laying off 25% of its staff. Bet the stock price soared.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Doctor App Babylon Health Offers Quick Appointments, But Grapples With Follow-Up Care For Mental HealthA third of London’s mental-health providers are rejecting patient referrals from Babylon Health, a video-calling service used by thousands. Former staff say the startup is struggling to plug into Britain’s healthcare system.
Source: Forbes - 🏆 394. / 53 Read more »
Doctor App Babylon Health Offers Quick Appointments, But Grapples With Follow-Up Care For Mental HealthA third of London’s mental-health providers are rejecting patient referrals from Babylon Health, a video-calling service used by thousands. Former staff say the startup is struggling to plug into Britain’s healthcare system.
Source: Forbes - 🏆 394. / 53 Read more »
Analysis | The Health 202: Hospitals lean into virtual health care even as Medicare won't cover itTelehealth advocates say it's not only rural areas that lack access to health providers. My sister met with her doctor via Skype in New York City. Cost saving and doctors can move more quickly between patients. The bad part is that 'small talk' often reveals the real source of a medical condition. healthcare is so expensive in the U.S. and it only benefits innovation and the rich investors who have the capital to invest. I wish it were different Im leaning as well. This purple stuff got me highin
Source: washingtonpost - 🏆 95. / 72 Read more »
Analysis | The Health 202: Why Congress isn't expanding virtual health careHospitals say it saves them money but Congress's official scorekeeper isn't convinced. There is a difference between virtual healthcare and analyzing where people have faltered knowing your own path... They’re not even expanding offline healthcare It makes no sense
Source: washingtonpost - 🏆 95. / 72 Read more »
How Machine Learning Can Help Prevent HospitalizationsPreventable hospitalizations are a continuing major problem, and Clover Health is combining tech, health care, and financing to try to reduce them.
Source: Forbes - 🏆 394. / 53 Read more »
Health insurer Centene to buy smaller rival WellCare for $15.27 billionU.S. health insurer Centene will buy smaller rival WellCare Health Plans for $15.27 billion in a cash-and-stock deal. You know healthcare is the biggest scheme in human history when a ‘small’ insurer is purchased for a mere $15.27 BILLION. 😳
Source: CNBC - 🏆 12. / 72 Read more »
Centene to Buy WellCare Health PlansCentene is buying government-sponsored health-care provider WellCare Health Plans in a deal the companies are valuing at $17.3 billion. WHY IN THE USA, NO ONE CONDUCT AN IMPORTANT INVESTIGATION : UnitedStates medical corporations podsazhiv citizens on pills? Why do many Americans start taking antidepressants from school years? We urge to protect children in the US, $17.3 BILLION will be just A DROP IN THE BUCKET for Centene IF the Affordable Care Act gets destroyed by the 'ReTHUGlicans'!!! VOTE THEM OUT!!! and how much of a kick back is trump getting out of it? we need a good reporter 2 find out and air it
Source: WSJ - 🏆 98. / 63 Read more »
Health insurer Centene to buy smaller rival WellCare for $15.27 billionU.S. health insurer Centene Corp confirmed on Wednesday that it would buy WellCa... Because they care about you and your well-being. Like all their ilk, they support more competition to control prices. Competition lowers costs. Consolidation decreases competition. 👎🏼
Source: Reuters - 🏆 2. / 97 Read more »
Analysis | Power Up: Trump seeks pivot to health care ahead of 2020But several Republicans complained about the lack of a clear plan. And just kill this chance in 2020. 'lack of a clear plan' Probably an understatement
Source: washingtonpost - 🏆 95. / 72 Read more »