Datapoint: Zing Health Raises $140M to Expand Special Needs Plans
Startup Medicare Advantage insurer Zing Health has successfully raised $140 million in a recent funding round to expand its integrated, Chronic Special Needs Plans (C-SNPs). The investment will enable Zing Health to reach more beneficiaries and enhance its member experience by integrating high-quality care providers. The funds will also support the company’s mission to serve underserved communities with specialized healthcare needs. “The industry today does not do enough to tailor plans and member experience to individuals’ needs,” Zing Health CEO Andrew Clifton said in a statement. “Through the delivery of C-SNP plans to underserved seniors, we are providing the appropriate benefits to improve health outcomes and leveraging technology to ensure members receive high quality, value-based care through a seamless member experience.” Zing Health currently serves 12,890 MA and dual eligible members, with 62% enrolled in C-SNPs.
Source: AIS’s Directory of Health Plans
