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Clover Health drops ACO REACH participation in 2023

By this time last year, Clover Health had generated more than half of its total revenue through the Global and Professional Direct Contracting model, redesigned in 2022 as ACO REACH. ....

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Clover Health co-founder Andrew Toy to take reigns as CEO in 2023

Clover Health co-founder and President Andrew Toy will take the reins as CEO of the insurtech company when current CEO Vivek Garipalli transitions out of the role at the end of the year. Garipalli will stay on with the company as its executive chairperson, and will work closely with Toy on the transition. According to Garipalli, the move is the culmination of a succession plan ....

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Clover Health expanding Medicare Advantage footprint to new counties, states

Clover Health expanding Medicare Advantage footprint to new counties, states
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Clover to enter 13 new markets for 2023 amid rising expenses

Healthcare ....

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Clover Health prepares for another $300 million capital raise

Clover Health lost more than $4,500 per member in 2021, the most among for-profit, publicly traded health insurers. ....

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