Zing Health, a Chicago, IL-based Medicare Advantage insurer, raised an incremental $140m in funding.
Backers included Health 2047 Capital Partners, CRG, and First Trust Capital Partners, and existing investors Newlight Partners, Town Hall Ventures, Health 2047, and Leavitt Equity Partners.
The company intends to use the intends to use the proceeds to bring its integrated, chronic special needs focused plans to more beneficiaries, and continue to invest in integrating its member experience with high quality care providers.
Co-founded in 2019 by Dr. Eric Whitaker and healthcare executive Garfield Collins—along with Health 2047, the innovation lab of the American Medical Association, and led by Andrew Clifton, CEO, Zing Health provides managed care Medicare Advantage plans with supplemental benefits and access to care through a broad network of premier provider partners whose goals align with beneficiaries’ healthcare outcomes. Each member receives personalized care tailored to their health conditions and social needs enabled by innovative product design coupled with technology and value-based care delivery.
FinSMEs
25/09/2024