Today, global health service company Cigna announced the launch of Cigna Ventures, a corporate venture fund to invest in emerging companies driving transformation and innovation in health care. Cigna Ventures is launching with $250M in capital to invest in both early and growth stage startups dedicated to unlocking growth opportunities in healthcare across three strategic areas:- Insights and Analytics: Risk Assessment, Network Optimization, and Patient Care Plan- Digital Health and Retail:
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Cigna Launches “Answers by Cigna” on Amazon Alexa
Today, Cigna announced it will be the first global health service company to offer a skill aimed at personalizing and simplifying health benefits information with the launch of “Answers by Cigna,” a skill for Amazon Alexa. “Answers by Cigna” is designed to educate and engage people about health care by providing instant and easy-to-understand answers to more than 150 commonly-asked health care questions.Nearly half of Americans are utilizing voice enabled devices and has the potential to change
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Health Insurer Cigna to Acquire Express Scripts for $67 Billion: 5 Things to Know
Cigna Corporation has acquired Express Scripts Holding Company in a cash and stock transaction valued at approximately $67 billion, including Cigna's assumption of approximately $15 billion in Express Scripts debt. The acquisition is expected to be completed by December 31, 2018.“Cigna’s acquisition of Express Scripts brings together two complementary customer-centric services companies, well-positioned to drive greater quality and affordability for customers,” said David M. Cordani, President
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Cigna Acquires Brighter to Expand Digital Health Engagement of Consumers
Health insurer giant Cigna has announced the acquisition of Brighter Inc., a SaaS-based digital health plan platform and engagement service provider to leading health services organizations. The acquisition of Brigther's digital health plan platform will build upon the already successful relationship between Cigna and Brighter by accelerating the development of Cigna’s mobile and desktop platforms and creating new end-to-end experiences that connect health consumers and providers with the
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PediaQ Nabs $4.5M for On-Demand App for Nurse Triage, House Calls
PediaQ, a Dallas, TX-based company that has launched a mobile app platform for on-demand nurse triage and house calls has landed its first partnerships with Memorial Hermann Health System (Houston) and Baylor Scott&White Health (Dallas). In addition, the company has raised $4.5 million in funding which brings its total funding to date at $6.5M since its inception in late 2014. The funding will be utilized to expand the company’s growth in Dallas, Houston and Austin, and will also allow for
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Cigna Adds Virtual Consults from American Well to Health Plans for 2017
In 2017, Cigna announced it is expanding its telehealth coverage with the addition of virtual consults from American Well to its existing offerings of MDLIVE. The latest offering will support Cigna's employer-sponsored group health plans, as well as many of its individual health plans on and off public marketplace exchanges.Both services operate national networks of board-certified doctors that are able to treat minor medical conditions such as allergies, cold and flu and sinusitis via
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Cigna, Integrated Independent Physicians Network Launch Collaborative Care Program
Cigna and Integrated Independent Physicians Network, LLC have teamed up on a collaborative care program to improve access to health care, enhance care coordination and lower costs. Effective April 1, the program is part of Cigna Collaborative Care, a value-based model that will reach nearly 7,000 customers.Cigna Collaborative Care is helping to improve the health of Cigna customers while effectively managing medical costs. For example, the programs are helping to:- Close gaps in care, such as
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Health Choice Preferred, Cigna Form Accountable Care Collaboration
Health Choice Preferred, a division of IASIS Healthcare, and Cigna have announced an accountable care collaboration designed to offer more than 16,000 Cigna commercial customers in Utah a more coordinated, personalized healthcare option.
The collaboration ties value-based incentives to performance improvements that support population health management and improve outcomes for Cigna’s customers. Health Choice Preferred’s integrated network of healthcare providers utilize a broad range of
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