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Collective Health Valued at $1.5B After Funding Infusion
Startup
Collective Health has reached a valuation of about $1.5 billion after raising $280 million in new funding in the latest sign that investors are eager to bet on private healthcare companies.
A stethoscope sits on an examination table in an exam room at a Community Clinic Inc. health center in Takoma Park, Maryland, U.S., on Wednesday, April 8, 2015. Led by the American Medical Association, three of the top five spenders on congressional lobbying have waged a campaign to urge Congress to revamp the way Medicare pays physicians and end the cycle of \”doc fix\” patches. Senate leaders predict quick action on House-passed legislation when Congress returns April 13 from its two-week recess. Photographer: Andrew Harrer/Bloomberg
Blue Cross Blue Shield of Texas parent invests in health tech firm that simplifies benefits
Collective Health, founded in 2013, offers employers a way to knit together various health benefits on a single technology platform.
Health Care Service Corporation is a 16 million-member insurer that operates Blue Cross Blue Shield health plans in Texas, Illinois, Montana, New Mexico and Oklahoma.(Jonathan Weiss/JetCity Image / Getty Images)
12:41 PM on May 4, 2021 CDT
Startup Collective Health has reached a valuation of about $1.5 billion after raising $280 million in new funding in the latest sign that investors are eager to bet on private health care companies.
Collective Health, founded in 2013, offers employers a way to knit together various health benefits medical, prescription drug, dental, vision, as well as other specialized offerings on a single technology platform.