Transcarent

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By  Jessica Hagen 06:31 pm May 17, 2024
Transcarent, a digital platform focused on the self-insured employer market, announced the launch of WayFinding, an AI-enabled consumer-facing platform that offers clinical guidance, benefits navigation and care delivery.  The platform guides patients through receiving care by answering questions about benefits and costs, recommending an appropriate course of clinical action, and then connecting...
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By  Jessica Hagen 02:11 pm May 2, 2024
Transcarent, a digital platform focused on the self-insured employer market, announced it secured a $126 million Series D investment. The funds bring the unicorn company's total raise to $450 million and valuation to $2.2 billion. General Catalyst and 7wireVentures led the round, with participation from new investors Memorial Hermann Health System and Geodesic Capital.  Former investors Human...
Healthcare provider wearing a white shirt and looking at a tablet
By  Jessica Hagen 01:42 pm June 1, 2023
Transcarent, a digital platform focused on the self-insured employer market, and ViewFi, a tech-enabled virtual orthopedic and rehabilitation platform, are partnering to deliver virtual orthopedic and musculoskeletal care to patients through Transcarent's Consult Solution. ViewFi, cofounded by U.S. tennis champion Andy Roddick, offers virtual care, one-on-one exams and at-home appointments...
Businesspeople shaking hands
By  Emily Olsen 12:33 pm March 6, 2023
Transcarent, a digital platform focused on the self-insured employer market, announced plans to acquire assets from 98point6, including its AI-enabled virtual care platform and care business. According to reporting by Forbes, the deal is worth up to $100 million. It includes 98point6's business with self-insured employers, health systems and payers, as well as an affiliated medical group. The...
Businesspeople shaking hands
By  Emily Olsen 10:30 am January 6, 2023
GE HealthCare named Dr. Taha Kass-Hout as the newly spun-out company's first chief technology officer. Kass-Hout comes to GE from Amazon Web Services, where he served as vice president of machine learning and chief medical officer. He was also chief health informatics officer at the FDA for two terms during the Obama Administration and director of information science and informatics for the CDC...
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By  Jessica Hagen 12:58 pm November 21, 2022
There was a massive influx of capital provided to digital health companies in 2021, but there's since been a contraction in the public market, with digital health funding decreasing.  Still, with the increased investments seen last year, companies' valuations rose and many gained unicorn status, a term given to privately held companies valued at a billion dollars or more. But were companies...
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By  Jessica Hagen 02:02 pm November 3, 2022
Calif.-based Transcarent, a healthcare platform focused on self-insured employers, announced its partnership with Prescryptive Health, a healthcare technology company and owner of mobile pharmacy services platform MyRx.io. Transcarent Pharmacy Care, the newly announced pharmacy benefit offering from the startup, selected Prescryptive Health's prescription intelligence platform to power its...
Person taking a picture of a medication box
By  Jessica Hagen 12:57 pm October 7, 2022
Capital Blue Cross and Mark Cuban Cost Plus Drug Company (MCCPDC) announced a collaboration to allow Capital members and community organizers to access lower-cost prescription drugs via MCCPDC. MCCPDC is a public-benefit corporation and online pharmacy that provides patients access to medications at a lower cost by working directly with distributors and manufacturers, bypassing what Mark Cuban...
A pharmacist pulling a medication off a shelf.
By  Emily Olsen 01:45 pm September 19, 2022
Transcarent, a healthcare platform for self-insured employers, announced Monday it would expand into the pharmacy benefit space. The new offering, called Transcarent Pharmacy Care, will allow members to search for the lowest-cost drug option and compare prices across pharmacies. They can also transfer their prescription within Transcarent's app and access 24/7 support if needed. The company said...
Businesspeople shaking hands
By  Emily Olsen 12:03 pm May 26, 2022
Transcarent, a healthcare platform focused on self-insured employers, has appointed Tim Rosa as chief marketing officer. Rosa comes to Transcarent from health-tracking wearable maker Fitbit, where he also served as chief marketing officer. It was acquired by Google in early 2021.  "Transcarent is attracting top talent from some of the biggest consumer brands and healthcare organizations as we...