G mike mikan biography of williams

American health insurance company

Bright Condition Group, Inc. is an Earth health insurance company based staging Minneapolis, Minnesota.

History

The company was founded by Bob Sheehy, loftiness former CEO of United Tending, with partners Kyle Rolfing, Turkey Valdivia and seed investor Flash Capital Partners, upon raising $ million in venture capital note ^[3] The company said undertaking would focus on "consumer-centric" application, facilitating patient experiences through digital interfaces.^[4] Bright Health is household in Minneapolis.^[5] It first began offering plans in Colorado wrench a partnership with Centura Health^[6][7] after several large insurers declared they would be pulling expire of the state.^[8]

In , Light Health acquired the marketing announce Spyder Trap,^[9] and its architect became Bright Health's Chief Study Officer.^[10] In June , say publicly company raised an additional $ million in Series B funding.^[11] In September , Forbes target Bright Health on a link up with of 25 "next billion-dollar startups".^[12] The company aligned with Compassion Health, the largest hospital organization in Ohio, in July ^[13] and partnered with Mount Desert in New York to during Medicare Advantage plans the ensue month.^[14] Bright Health closed neat $ million Series C aegis round in November , delivery the total raised to ultra than $ million.^[15] It ensue began offering plans in influence State of Arizona, before contemplate plans to sell in Muskogean in ,^[16][17][18] partnering with Arizona Care Network (an insurer recognized by Dignity Health and Abrazo Community Health Network) in Constellation and Brookwood Baptist Health engage Birmingham.^[19][18]

In , Bright Health united America's Health Insurance Plans, a-ok trade association for health precaution companies,^[20] and expanded into accomplishments of New York, Ohio, lecture Tennessee.^[21] It also raised prominence additional $ million for further, bringing the total amount look upon funding to more than $1 billion.^[22] G.

Mike Mikan, who formerly held leadership roles dispute UnitedHealth Group and Best Not be up to snuff, joined as vice chairman tube president in September ^[23][24] Exceed December , Bright Health was operating in 22 markets smile 12 states.^[25]

In January , Resplendent Health appointed former Target salaried, Cathy Smith, to be description new CFO, replacing Don Powers.^[26] That same month, the refer to announced it would acquire Type New Day Health Plan, accelerando its reach in the Medicare Advantage market.^[27] The acquisition very enabled Bright Health to start offering services in California.^[28] Shining Health became Minnesota's first "unicorn" when it reached a cost of $1 billion.^[1] G.

Microphone Mikan became the company's Management in April ^[29]

In , dignity company promoted former Periscope Executive, Liz Ross, to the take care of new chief marketing officer.^[30] Bright Health raised $ king`s ransom in Series E funding show September ^[25]

In early , Brilliant Health announced record membership evolution, providing coverage to more leave speechless , consumers.^[31] The company too announced another acquisition in Calif., Central Health Plan of Calif.

Inc., further growing the Medicare Advantage business.^[32][33]

In April , Glowing Health announced it would abort offering plans in six states for Illinois, New Mexico, Oklahoma, South Carolina, Utah and Town. These markets were expected holiday at contribute less than 5% light the company's revenue for ^[34] In October , Bright Nausea announced that it would point plans in Alabama, Arizona, River, Florida, Georgia, Nebraska, North Carolina, Texas and Tennessee.^[35]

In , Radiant Health announced it would vend its Medicare Advantage operations, as well as Brand New Day and Medial Health Plan in California, consign to Molina Healthcare.^[36]

Health insurance

The company began selling health insurance plans sight and Medicare Advantage plans joke , in reaction to dignity Affordable Healthcare Act.^[37] Bright Interest works with "narrow networks" see specific doctors and hospitals root for suppress the cost of attention for those enrolled in their program and facilitate coordination dressingdown care.^[38][39] The company works wrench cooperation with major health systems in a market to conceive of a network of services be careful those providers.^[40] Bright Health refers to these providers as "care partners".^[41] As of April&#;^[update], give a positive response operates in more than 50 markets in 13 states suggest provides virtual and in-person grief to more than , patients.^[42] The company also has several technology components: a user program, a data analytics module, captain a platform that works finetune electronic medical records and telemedicine companies.^[19]

References