Becker's Healthcare May 25, 2022
Friday Health Plans Management Services Co., a Denver-based health insurance holding company, has raised $120 million in funding to primarily offer its health plans in new Affordable Care Act marketplaces.
The company, founded in 2015, has seen 400 percent membership growth year over year for the past two years. It serves more than 330,000 members across seven states and will bring in an estimated $1.95 billion in revenue this year, according to a May 25 news release.
The new funding comes from an agreement for $70 million of...