MobiHealth News September 24, 2024
The company will use the funds to help employers manage healthcare costs.
Centivo, a healthcare company, has secured $75 million in equity and debt financing to allow the company to expand its objective of making high-quality healthcare more attainable and inexpensive.
Morgan Health, (a division of JPMorgan Chase), Ingleside Investors, Cone Health Ventures, F-Prime Capital Partners, B Capital, Cox Enterprises and MemorialCare Innovation Fund participated in the round.
The aim of the funding is to help Centivo strengthen and scale its product and technology offerings, and establish key alliances with health systems to provide financial savings and better patient results, while lowering annual employee out-of-pocket costs by almost $1,200.
The company expects to help employers manage healthcare costs with...