Startup Bright Health is betting it can compete in the lucrative market of covering U.S. seniors as congressional debate keeps the future of Obamacare’s insurance plans in limbo.
Bright Health is preparing to offer Medicare Advantage plans in three markets next year in close collaboration with local health systems: Birmingham, Alabama; Phoenix, Arizona; and the Denver-Boulder area of Colorado.
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This week’s episode is the last episode in our series on new models of Primary Care! Our guest today, Michael Greeley, is a General Partner at Flare Capital Partners. Prior to co-founding Flare Capital Partners, Michael was the founding General Partner of Flybridge Capital Partners where he led the firm’s healthcare investments.
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Several years ago, chatter started to emerge about Bitcoin and blockchain technologies. Given that one of our core healthcare investment themes at Flare Capital is broadly labelled “Payment Reform,” we have been getting smarter about the implications to the “business of healthcare” as these technologies became more robust, more established. Little did I know what this search would uncover.
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As a partnership, we will make a few dozen investment decisions across any given fund and as a group we will make hundreds of other decisions together in simply running the firm day in, day out. When it comes to expanding the team though, that is a very different matter. Venture firms add very few people so each addition is a big deal.
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StartUp Health’s funding report for the first half of 2017 is out, and the organization is predicting that it will be the biggest year yet for digital health funding. The total raised in the second quarter was $3.8 billion, adding up to $6.5 million to date this year.
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