MA

Alignment Healthcare closes $135M for tech-backed Medicare Advantage coverage

By Dave Muoio 04:01 pm March 4, 2020

Alignment Healthcare, a Medicare Advantage (MA) insurer that relies on a tech platform to manage its members' shifting data in real time, has announced $135 million in new funding. The Series C round was backed by Fidelity Management & Research Company, Durable Capital Partners L.P. and multiple funds and accounts advised by T. Rowe Price Associates. WHAT THEY DO Active within California (and...

DOJ to review Google's Fitbit acquisition, 23andMe sued for $100M and more digital health news briefs

By Dave Muoio 04:11 pm December 11, 2019

Not so fast? Google’s plans to purchase Fitbit will soon be under the US Department of Justice’s lens. According to a New York Post report, the merger raised antitrust flags at both the DOJ and the Federal Trade Commission, with the former federal agency ultimately winning out. The Post’s sources said that both of these agencies are hesitant to allow Google an even greater view into individuals’...