Employee Benefits

Cigna covers Ginger’s mental health app as in-network benefit 

  • by

Insurer Cigna plans to cover mental health startup Ginger’s coaching services as a covered benefit. Investors are pouring more funds into mental health startups as they companies and insurers alike look for more ways to meet people’s care needs during a challenging year. 

Accolade to acquire telehealth startup PlushCare for $450M

  • by

Care navigation startup Accolade struck an agreement to buy telehealth startup PlushCare for $450 million. The goal is to support primary care physicians with information about a patient’s health and benefits, CEO Rajeev Singh said. 

In MedCity Pivot podcast, Glen Tullman says other care navigation firms aren’t really taking risks

  • by

Livongo’s founder has created a new care navigation venture because he believes that both the experience that people undergo as they look for care and the level of risk that vendors are willing to take when they work with self-insured employers leave much to be… Read More »In MedCity Pivot podcast, Glen Tullman says other care navigation firms aren’t really taking risks

Mental health startup Ginger raises $100M 

  • by

Ginger, a startup that connects users with mental health coaches and therapists, raised $100 million in funding. The company is shifting to a risk-based model as it expands.

Mental health startup Lyra passes $2B valuation

  • by

Mental health startup Lyra Health raised $187 million in funding, giving it a post-money valuation of about $2.3 billion. The company also struck a partnership with EAP-provider ICAS, which would expand its mental health benefit to employees in other countries.  

Accolade to acquire second-opinion platform for $460M

  • by

Benefits navigation startup Accolade acquired second opinion startup 2nd.MD for $460 million. With little overlap between the two companies, the deal is expected to increase Accolade’s total addressable market by $22 billion.

Nice Healthcare brings primary care to small businesses

  • by

Nice Healthcare, a Minnesota-based startup that offers telemedicine and primary care services, raised $5 million in seed funding. The company plans to use the funds to bring its benefits to businesses in more states.