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K Health teams up with Anthem, Blackstone Group on venture to boost health accessibility

Photo by Tassii/Getty Images Digital health startup K Health, in collaboration with and with backing from Blackstone Growth and Anthem, is launching a new joint venture aimed at increasing access to healthcare while making it more affordable. Called Hydrogen Health, the new company will use K Health’s artificial intelligence technology to create digital healthcare solutions to the employer and consumer markets. It hopes to deliver a suite of digital, virtual and in-person care options targeting the direct-to-consumer, direct-to-employer and direct-to-insurer markets, according to the announcement. The financial terms of the deal were not disclosed, but the deal includes a put-and-call agreement between Anthem and Blackstone.

K Health, Blackstone Growth, Anthem to Partner on Technology Joint Venture to Advance More Affordable, High-Quality Healthcare

K Health, Blackstone Growth, Anthem to Partner on Technology Joint Venture to Advance More Affordable, High-Quality Healthcare
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Anthem, K Health, Blackstone launch digital health company

MedCity News Anthem, K Health, Blackstone launch digital health company The new joint venture will bring K Health s artificial intelligence-driven technology to the consumer, employer and insurer markets. The solution enables patients to understand their symptoms and connect with a doctor if needed. Shares0 Anthem has partnered with digital health startup K Health and funds managed by investment firm Blackstone to launch a technology-focused joint venture. The financial terms of the venture launch were not disclosed. Called Hydrogen Health, the joint venture will bring K Health’s artificial intelligence-driven technology to the consumer, employer and insurer markets, said K Health CEO Allon Bloch, in a phone interview. Bloch will also serve as CEO of Hydrogen Health.

9 Israeli-Founded Companies Reach Unicorn Status In 1st Quarter Of 2021

9 Israeli-Founded Companies Reach Unicorn Status In 1st Quarter Of 2021
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