Fierce Healthcare August 20, 2024
Below is a roundup of payer-centric news headlines you may have missed during the month of August 2024.
Leading stories
Devoted Health completes $287M series E funding round
Medicare Advantage startup Devoted Health has raised $112 million more in its series E funding round, bringing the total raised to $287 million.
Investors include The Space Between, Cox Enterprises and White Road Capital.
Devoted serves more than 227,000 members, up from 142,000 in December. The company boasts a weighted average star rating of 4.6.
In December, the company served 299 counties across 13 states, Fierce Healthcare reported. Now, Devoted has filed to expand into seven new states and 307 additional counties, Endpoints reported.
L.A. Care Health Plan slashes prior auth requirements
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