Alphabet Inc. is putting $375 million into health insurance start-up Oscar Health, the latest healthcare investment from Google’s parent company. Oscar — which has been selling health plans under the Affordable Care Act since 2013 — plans to use the funds to help fuel its entrance into the lucrative...

BING NEWS:
  • AlphaLab Health receives $10 million grant to start revolving investment fund
    AlphaLab Health, a joint effort between Innovation Works and Allegheny Health Network to fund life sciences research, has received a $10 million dollar grant from an anonymous donor.
    05/3/2024 - 9:45 am | View Link
  • Digital health startup Transcarent valued at $2.2 bln after latest funding round
    Digital health startup Transcarent notched a valuation of $2.2 billion after its latest fund raise, led by General Catalyst and 7wireVentures, amid signs of a rebound in the funding market.
    05/2/2024 - 8:10 am | View Link
  • Cigna Suffers $300 Million Loss As VillageMD Clinic Investment Reels
    Cigna reported a $300 million first quarter loss as the company grapples with the loss in value of its investment in doctor-staffed clinic operator VillageMD.
    05/1/2024 - 11:00 pm | View Link
  • What insurance CEO compensation looked like in 2023
    The average total compensation for CEOs of the major health insurance companies increased 5.7% to $20.6 million last year, according to regulatory filings.
    04/30/2024 - 10:00 pm | View Link
  • CVS scoops up tech-enabled Medicare Advantage broker Hella Health
    CVS has quietly acquired Hella Health, a startup Medicare Advantage broker based in New York City, according to a post on LinkedIn.
    04/30/2024 - 9:00 am | View Link
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