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1 through 19 of 19 matching documents, best matches first.   Sort by date

Insurtech NeueHealth to Go Private in Deal with $1.3 Billion Enterprise Value
...Health common stock on Dec. 23. Certain stockholders of NeueHeath, including NEA and 12 existing NeueHealth investors, which collectively hold all of the outstanding shares of ...
Source: BestWire   Date: December 24, 2024
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Bright Health to Sell California Medicare Advantage Business to Molina for $600 Million
Bright Health Group Inc. said it agreed to sell its California Medicare Advantage business, Brand New Day and Central Health Plan, for $600 million. Molina will acquire all of the ...
Source: BestWire   Date: June 30, 2023
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 2023 Best’s Rankings: Top 75 US and Canada Public Insurers - 2023 Edition
Ranked by 2022 assets.
Source: Rankings   Date: June 22, 2023
 2023 Best’s Rankings: Top 75 US and Canada Public Insurers - 2023 Edition
Ranked by 2022 revenue.
Source: Rankings   Date: June 22, 2023
Bright Health Looks to California Medicare Advantage Sale to Shore Up Finances
California in an effort to keep the company afloat. In a statement, Bright Health said it is "exploring strategic alternatives" for its California Medicare Advantage business, ...
Source: BestWire   Date: May 1, 2023
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Bright Health Group to Cut 99 Jobs After Announcing Plans to Exit Nine States
Employee and Economic Development office. The employee separations will be permanent, and they will take effect on Jan. 7, 2023, according to a notice filed by the health insurer. ...
Source: BestWire   Date: November 10, 2022
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Bright Health Group Exiting ACA Markets in Nine Additional States
Medicare Advantage products outside of California and Florida. The announcement came as Bright Health said raised $175 million in capital that is expected to close in the coming ...
Source: BestWire   Date: October 12, 2022
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 2022 Best's Rankings: Top 75 U.S. and Canada Public Insurers - 2022 Edition
Ranked by 2021 Revenue
Source: Rankings   Date: June 23, 2022
 2022 Best's Rankings: Top 75 U.S. and Canada Public Insurers - 2022 Edition
Ranked by 2021 Assets
Source: Rankings   Date: June 23, 2022
Court Appoints Firm to Represent Class in Bright Health IPO Lawsuit
Labaton Sucharow, would take the lead in the case. The complaint alleges Bright Health made untrue statements and omitted important disclosures in its offering documents. In ...
Source: BestWire   Date: April 28, 2022
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Bright Health Group Pulling Out of Six States Following Layoffs
Exchange Commission (BestWire, March 7, 2022). In a Best's Special Report published in August, AM Best said Bright Health and other insurtechs faced significant challenges to ...
Source: BestWire   Date: April 18, 2022
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 Special Report: Earnings of US Publicly Traded Health Insurers Decline as Utilization Approaches Normalcy
Strong government business enrollment growth bolstered the revenue of the publicly traded health insurers in 2021.
 Data
Source: Special Reports   Date: April 14, 2022
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Bright Health to Lay Off About 5% of Workforce Amid Losses
Health Group spokesperson said in the email. They said they were "sharpening their focus on key markets" amid the financial challenges facing the health insurance industry. It ...
Source: BestWire   Date: March 7, 2022
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Insurtech Bright Health Secures $750 Million Investment
Cigna Ventures, a wholly owned subsidiary of Cigna Corp., as a new investor in the company. New Enterprise Associates, Bright Health's largest existing shareholder, also will ...
Source: BestWire   Date: December 6, 2021
Life/Health Insurtech Profitability Elusive, but Capital Raising Bounced Back in First Quarter
Clover Health Investments Corp. - both posting first-quarter net losses. But both also reported membership gains after becoming publicly traded. Earnings losses have not diminished ...
Source: BestWire   Date: June 17, 2021
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Health Insurtechs Post Mixed Results in First Half
Sally Rosen, senior director, AM Best. Health insurtechs raised new funds in 2020, including the most recent effort by Bright Health, which raised $500 million in late September ...
Source: BestWire   Date: October 6, 2020
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Insurtech Bright Health Secures $500 Million in New Investor Funding
Tiger Global Management, T. Rowe Price Associates and Blackstone. The funding round includes "follow-on investments" from existing investors including NEA, Bessemer Venture ...
Source: BestWire   Date: September 22, 2020
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Bright Health Plans Expansion to California Through Universal Care Acquisition
Brand New Day was stared in 1983 by the Davis Family. Current leaders, including Jeff Davis and Jay Davis, will continue to lead local market operations post-transaction, said ...
Source: BestWire   Date: January 10, 2020
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Bright Health Adds 13 New Markets
Minneapolis-based Bright Health said it will be doubling in size next year, entering 13 new markets across seven states with an expanded product line. The market expansion brings ...
Source: BestWire   Date: July 29, 2019
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