Tag: health insurance

LA-based Sidecar Health’s low-cost, cash-pay health insurance service is now valued at $1 billion

Meet Sidecar Health, the newest member of the tech industry’s billion dollar healthcare startup club. The valuation comes thanks to $125 million in new funding that the company will use to expand its new model for health insurance. Sidecar Health’s insurance plans give consumers the ability to pay directly for…

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Alphabet’s Verily begins offering stop-loss health insurance

Verily, Alphabet’s healthcare business, is overseeing a new subsidiary that will offer stop-loss insurance to employers. Coefficient Insurance Company is backed by insurance megacorp Swiss Re, and relies on data analytics to predict and reduce risk.S… Source

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With the real estate industry facing headwinds, SoftBank-backed Compass lays off 15% of staff

Compass, the real estate brokerage startup backed by roughly $1.6 billion in venture funding, has laid off 15% of its staff as a result of the shifting economic fortunes created by the global response to the novel coronavirus pandemic, according to an internal email seen by TechCrunch. Citing economic fallout…

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Talkspace threatened to sue a security researcher over bug report

A security researcher said he was forced to take down a blog post describing an apparent bug in Talkspace’s website that gave him a year’s subscription for free, after the company rejected his findings and sent the researcher a legal threat. John Jackson said he was able to sign up…

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Rebranding as Anagram, software for out-of-network billing for healthcare providers raises $9.1 million

As it rebrands from Patch to Anagram, the healthcare billing platform making it easier for providers to accept out-of-network patients, has raised $9.1 million in new financing. The round was led by ManchesterStory, with participation from Care Credit, a Synchrony solution, Waterline Ventures, Rogue Venture Partners, Launchpad Digital Health, KEC Ventures, and…

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