MedCity News September 25, 2024
Centivo’s $75 million raise includes funding from new investors Cone Health Ventures and MemorialCare Innovation Fund, as well as existing investors B Capital, Cox Enterprises, F-Prime Capital, Ingleside Investors and Morgan Health.
Centivo, an employer-focused healthcare company, has raised $75 million in equity and debt financing, which it will use to help families access more affordable healthcare, it announced Tuesday.
The Buffalo, New York-based company serves large and small employers and functions as an alternative to traditional health insurers. Its health plan offers an in-house virtual primary care practice called Centivo Care and a member engagement and plan administration platform. It also directly contracts with accountable care organizations across 18 markets. Patients receive free primary care, no deductibles, a mobile...
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