News Briefs

Following on the heels of fellow startup insurers Alignment Healthcare, Inc., Clover Health Investments, Corp. and Oscar Health, Inc., Bright Health Group, Inc. on May 19 filed preliminary paperwork for an initial public offering (IPO) with the Securities and Exchange Commission. Bright Health has been rumored to be planning an IPO this year, and recently acquired telehealth platform Zipnosis, Inc. Founded in Minneapolis in 2015 by former UnitedHealth Group executives — including current Bright Health Executive Chairman Bob Sheehy — the insurer’s business model is based on close alignment with health care providers, a strategy that it says “provides consumers access to personalized care teams tailored to their individual needs.” It sells both individual market and Medicare Advantage plans and boasts “approximately 40 owned and managed advanced risk-bearing primary care clinics.”

Anthem, Inc. said on May 19 that it is collaborating with the electronic medical record vendor Epic to “facilitate secure, bi-directional exchange of health information” between health care providers and Anthem’s affiliated health plans. By integrating Epic’s Payer Platform with Anthem’s operating system, Health OS, the initiative will allow payers and providers to seamlessly exchange clinical data as well as admissions, discharge and transfer data from patients’ hospital stays. Not only will that data exchange help close care gaps by providing point-of-care treatment decisions, it can also help streamline administrative processes like prior authorization, the companies said in a press release.

© 2021 MMIT

AIS Health Staff

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