What You Should Know:
– Solera Health, the premier technology platform for connecting people seamlessly and easily to health solutions that work, today announced $40 million in new funding.
– The insider round is co-led by Health Care Service Corporation and includes Adams Street, Cobalt Ventures, and Horizon Mutual Holdings, Inc.
Solera: Driving Innovation in Value-Based Digital Healthcare
Solera is revolutionizing healthcare delivery through its HALO™ platform, a value-based, on-benefit solution designed to reduce the total cost of care while improving clinical outcomes. By integrating seamlessly with payers’ on-premises operations, the platform intelligently guides participants to best-fit care providers via a combination of bespoke and curated digital health solutions, including user-preferred applications—all within a unified digital space. This innovation aims to eliminate inefficiencies, bridge siloed information gaps, and modernize outdated systems.
Strategic Investments and Platform Expansion
- Solera’s existing investors are committed to advancing the company’s vision to expand access to high-quality, affordable healthcare.
- Funding will accelerate the development of the Solera HALO Cloud, uniting a network of value-based solutions within the HALO Marketplace.
- The HALO Cloud simplifies integration by enabling rapid addition of hundreds of digital health applications while providing cost-effective operational support for turnkey programs designed for payers and employers.
Backing from Healthcare Industry Leaders
Health Care Service Corporation (HCSC), a co-lead investor serving over 23 million individuals nationwide, underscores the strategic alignment of Solera’s platform with its mission. Arun Prasad, HCSC’s Executive Vice President, praised the HALO platform’s ability to connect individuals with the right health technologies tailored to their unique care needs.
Leadership Driving Transformation
- Interim CEO John Santelli, who will formally assume the role of Chief Executive Officer, brings nearly three decades of experience from UnitedHealth Group (UHG).
- As UHG’s Chief Information Officer, Santelli led over 23,000 technologists and engineers, enhancing enterprise architecture and technology innovation. His expertise is poised to propel Solera’s impact on healthcare access and cost reduction.
Milestones and Industry Recognition
- Solera introduced virtual specialty care to its platform, targeting high-cost conditions such as hypertension, high cholesterol, diabetes prevention, and weight management.
- A strategic partnership with global professional services firm Aon now allows employers to deliver personalized health experiences and engage high-risk employees through clinically validated resources.
- The company was recognized as a Best-in-Class finalist in the Consumer Wellness category at the Digital Health Hub Foundation’s Sixth Annual Awards, highlighting its contributions to healthcare innovation.
A Vision for the Future
These achievements culminated in a brand refresh that reflects Solera’s comprehensive understanding of healthcare challenges. By guiding organizations in designing strategic digital health experiences, Solera continues to establish itself as a key player in transforming the healthcare landscape.
