Devoted Health, a next-generation Medicare Advantage plan and tech-enabled startup, made a financial splash to end 2023 – announcing $175 million in new funding. The Massachusetts-based Devoted Health is an all-in-one health care company that delivers virtual-first care and insurance to primarily Medicare Advantage patients. It’s one of the many payers that has prioritized home-based […]
Devoted Health
onehome — a home-focused post-acute care company that operates under a full-risk model — is gearing up for a major expansion push. And it’s doing so with the support of one of the most innovative Medicare Advantage (MA) plans in the country. The Miramar, Florida-based onehome announced Monday that it’s partnering with next-generation MA plan […]
Back in 2018, it felt like the health care sector was on the verge of a massive shift, driven by a desire from payers to better manage their members’ total cost of care with enhanced in-home capabilities. Much of that feeling came from watching Humana Inc. (NYSE: HUM). The Louisville, Kentucky-based health insurer teamed up […]
Medicare Advantage startup Devoted Health has begun offering its members Apple Watch coverage, CNBC reported earlier this week. The move could set up interesting technology opportunities with future home care partners down the road. While home care partnerships aren’t explicitly part of this news for Devoted Health, many MA plans have begun forming such inroads […]
The Medicare Advantage (MA) landscape is heating up like never before, largely thanks to continued flexibilities from the Centers for Medicare & Medicaid Services (CMS) that allow plans to cover a variety of nonmedical benefits. Plans’ newfound ability to offer supplemental benefits such as home care and transportation for certain beneficiaries is drawing a number […]
Devoted Health, a health care startup trying to carve out a dual role as Medicare Advantage (MA) plan and home-based provider, launched earlier this week with a bang. The Waltham, Massachusetts-based company officially launched Tuesday by enrolling eligible MA members across eight counties in south and central Florida. In addition to launching, Devoted Health also […]
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