insurtech

Bright Health acquires Zipnosis, enters telehealth market

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Insurance technology startup Bright Health has purchased Zipnosis, which provides telehealth services. Though details of the new transaction are sparse, the acquisition aims to lower healthcare costs and expand access to quality care.

Alignment Healthcare aims to raise up to $516M in IPO

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Alignment Healthcare, an insurtech startup, has launched its IPO and plans to price its individual shares between $17 and $19. The company offers Medicare Advantage plans and says it uses predictive analytics technology to pinpoint seniors’ care needs.

Four takeaways from Alignment’s IPO filing

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Insurance startup Alignment Healthcare filed preliminary paperwork with the Securities and Exchange Commission to go public. It’s another healthcare startup that is banking on the value of its technology in an IPO.

Oscar Health looks to raise $1B in IPO

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Insurance startup Oscar Health plans to price its IPO between $32 and $34 per share.  The New York-based startup plans to trade on the New York Stock Exchange under the ticker “OSCR.”

Insurtech startup Sidecar Health’s valuation hits $1B  

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The new startup unicorn’s insurance product enables members to shop for medical services and pay directly for care. The company raised $125 million in a recent funding round, boosting its valuation, which it will use to increase its footprint and launch new products.