Solera Health, a Phoenix, AZ-based technology-enabled integrated benefit network has raised $42 million in Series C funding led by HCSC Ventures. Current investors BlueCross BlueShield Venture Partners/Sandbox Advantage Fund, Adams Street Partners and SJF Ventures also participated in the most recent funding round. The Series C round, Solera's largest to date, brings its total funding to $72 million.Integrated Benefit NetworkFounded in 2015, Solera Health serves as an integrated benefit network
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Fitbit Health Solutions Business Grew 70%, $30.5M in Revenue in Q1 2019
Fitbit today released its Q1 2019 earnings reporting revenue of $272 million, GAAP net loss per share of $(0.31), non-GAAP net loss per share of $(0.15), GAAP net loss of $(79) million, non-GAAP net loss of $(38) million, cash flow from operations of $(68) million and free cash flow of $(74) million.Q1 2019 Fitbit Health Solutions EarningsFitbit Health Solutions business grew 70% YOY with revenue of $30.5M, which was an important contributing factor to the company’s positive momentum overall in
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Blue Cross Blue Shield Institute Launches Program to Address Social Determinants of Health at The Community Level
Blue Cross Blue Shield Institute is teaming up with Solera Health to launch a new program to effectively address social determinants of health (SDOH) at the community level. The national roll-out of the program expected to launch in Q2 2019 will focus on the unique environmental and cultural influences and barriers to successfully coordinating regional SDOH resources at scale.Reaching Beyond Population HealthBy tailoring local SDOH resource recommendations to directly align with individual
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Fitbit Partners with Solera Health to Address Type 2 Diabetes
Fitbit, today announced its expanded partnership with Solera Health, an integrated benefit network to reduce the risk of type 2 diabetes by encouraging positive behavior changes, such as increased physical activity and weight loss.Type 2 diabetes affects more than 30 million American adults and costs the U.S. approximately $327 billion annually in direct medical expenses and lost productivity. Yet, the onset of disease can be delayed – or even prevented – among the 84 million U.S. adults at high
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Solera Health Appoints Ian Gordon as New President & Chief Operating Officer
Solera Health, announced this week that Ian Gordon has joined the company’s executive team as President and Chief Operating Officer. In his role, Gordon will oversee the continued development of Solera’s technology platform and drive operational excellence as Solera expands its healthcare marketplace model. Ian Gordan Background/ExperienceGordon brings extensive experience in operations leadership having served as a senior vice president of health insurance operations at Regence Blue Cross Blue
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U.S. Preventive Medicine, Solera Health Partner to Deliver Comprehensive Health Coaching
Solera Health, today announced its partnership with U.S. Preventive Medicine (USPM) to deliver its comprehensive health coaching and nurse based chronic condition care management services within the framework of the Centers for Disease Control and Prevention (CDC) National Diabetes Prevention Program (DPP) for Solera clients. USPM’s health coaching lifestyle management and nurse based chronic care management programs uniquely combine innovative wellness programs focused on prevention with
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Solera Health Integrates WellDoc’s BlueStar Digital Therapeutic for Diabetes Management
Solera Health, an integrated benefit network, and WellDoc, a leading digital therapeutic company has announced that WellDoc’s BlueStar® digital therapeutic will join the Solera network as a diabetes management solution of choice. The integration partnership aligns both companies’ goals to improve the lives of those living with chronic diseases while enhancing clinical results and decreasing overall healthcare costs.Solera Health connects patients, payers and physicians with community
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Solera Health Raises $18.3M to Expand Integrated Chronic Disease Prevention Services
Solera Health, a technology-enabled personalized preventive health network has raised $18.3 million in Series B funding led by Adams Street Partners. Existing strategic investors Blue Cross Blue Shield Venture Partners, Sandbox Industries and social impact fund SJF Ventures also participated in the round. The latest round brings the company’s total capital raised to $30.3 million.Solera plans to use the funding to meet market demand for the Medicare DPP benefit in addition to expanding its
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Yes Health and Solera Health Partner to Provide On-Demand Mobile Diabetes Prevention Tools
Yes Health, an all-mobile program to prevent type 2 diabetes has teamed up with Solera Health, an integrator of chronic disease prevention and management solutions to provide on-demand mobile diabetes prevention tools and resources to millions of eligible health plan members. The strategic partnership will enable qualified, at-risk patients with access to Yes Health's Centers for Disease Control and Prevention (CDC)-recognized Diabetes Prevention Program (DPP), as a covered medical benefit.Under
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HHS Secretary Kathleen Sebelius Joins Solera Health Advisory Board
21st Secretary of U.S. Health and Human Services Kathleen Sebelius has been appointed by Solera Health, an integrator of chronic disease prevention and management solutions to its advisory board. From 2009 -2014, Ms. Sebelius served in President Barack Obama's Cabinet as the Secretary of the Department of Health and Human Services (HHS), leading the effort to pass and implement significant health reform through the Affordable Care Act. Prior to serving as secretary of HHS, Ms. Sebelius was the
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