Bright Health to Expand into California through Planned Acquisition of Brand New Day Health Plan

Today, Bright Health, a diversified consumer-focused healthcare company, announced it has signed an agreement to acquire California-based Universal Care (d.b.a. Brand New Day) health plan. The transaction will combine Brand New Day's local expertise and specialized clinical programs with Bright Health's nationally recognized leadership, next-generation technology and intelligence platform, and innovative personalized approach to healthcare. The transaction is subject to regulatory approval and expected to close in 2020.

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Bright Health Appoints New Chief Financial Officer

Today, Bright Health announced that Cathy R. Smith is joining the diversified consumer-focused healthcare company as its new chief financial officer. Bringing over 30 years of experience driving consumer-oriented growth, Smith will oversee Bright Health’s financial reporting as well as the legal, human resources and accounting departments.

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