News

Last week we made two somewhat related announcements, both of which look to further deepen the Flare Capital bench.

Today, Flare Capital announced the promotion of Parth Desai along with the launch of Flare Scholar Ventures

Today, Aetion and HealthVerity announced a new partnership to streamline and accelerate access to HealthVerity’s expansive and diverse data sources and data preparation services for research on the Aetion Evidence Platform®.

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.

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.