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Insider found Devoted grew revenue nearly fivefold to $227.2 million in 2020, topping projections.
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Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. A nurse prepares a shot of the Pfizer-BioNTech COVID-19 vaccine at Guy s Hospital in London, Tuesday, Dec. 8, 2020, as the U.K. health authorities rolled out a national mass vaccination program. AP Photo/Frank Augstein
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A Medicare program that kicked off April 1 promises healthcare upstarts more patients and revenue.
But little-known details about the program show that it won t be easy for companies to profit.
Experts say the companies will have to improve care and lower medical costs to succeed.
Clover Health, Iora Health, Oak Street Health, VillageMD, and a number of other hot healthcare upstarts are all participating in a brand-new federal program that promises them thousands of new patients and a big boost to their top lines.