Payer

By Brian Dolan March 11, 2014
Castlight Health, which is expected to debut on the New York Stock Exchange this coming Friday, just filed another update to its IPO filing with the SEC and now the company is looking to raise  looks to raise more than $191 million in total. The company raised the price of its IPO range to $13 to $15 a share up from its previous expected range of $9 to $11. The company is offering 11.1 million...
By Aditi Pai March 4, 2014
Blue Cross Blue Shield of Massachusetts has launched a secure health and wellness website, ahealthyme, which aims to help members reach their personal wellness goals. On the website, members can do a variety of things related to wellness: they can take a health assessment that looks at eight different areas of health and provides results in a health index score; participate in wellness forums...
By Jonah Comstock March 3, 2014
AvMed, a Florida insurer, is offering an activity-tracker based fitness and wellness program for members for Medicare Advantage members. The program, called Walkadoo, is offered through Healthways subsidiary MeYou Health, and will serve as an expansion to Healthways and AvMeds' existing fitness program for older adults, Silver Sneakers. However, Walkadoo will also add the Fitlinxx Pebble activity...
By Brian Dolan March 3, 2014
Castlight Health looks to raise about $111 million in its IPO, according to an updated SEC filing. The company is offering 11.1 million shares in the IPO and its underwriters have the option to purchase an additional 1.65 million shares. The stock will be listed on the New York Stock Exchange under the symbol "CSLT". While Castlight recorded revenues of $1.9 million, $4.2 million and $13.0...
By Jonah Comstock March 3, 2014
As we reported in our Friday in-depth report on payers at HIMSS, Aetna is shutting down its InvolveCare caregiver support app. The app has been in full beta, but will not receive a full commercial launch. Users will have until April 28 to download their data before having it deleted. "InvolveCare was introduced last fall and was in the late stage of a Beta roll-out," Aetna Communications Director...
By Brian Dolan February 28, 2014
Mark Bertolini, CEO, Aetna | Photo Credit: HIMSS 2014 Event Staff By Jonah Comstock There may not have been a lot of news from payers (or health insurance companies) at HIMSS 2014 in Orlando, Florida, but their presence was definitely felt. Aetna CEO Mark Bertolini's keynote address laid out the stakes well: healthcare costs are rising markedly, and it's everyone's job to try to keep them down...
By Jonah Comstock February 24, 2014
Aetna CEO Mark Bertolini started his keynote at HIMSS here in Orlando, Florida with a simple fact: Aetna is doing well, but the healthcare system in general isn't. And for the latter problem, mobile is a big part of the solution. "Inside my organization today, with record membership, our large staff of physicians, and record revenue, people would look at me and say 'Why would you want to change...
By Aditi Pai February 24, 2014
Fertility tracking app maker Glow announced a program for employers, Glow for Enterprise, which provides women employees with financial assistance for fertility treatments. “We think there is so much more to learn about our health and our bodies," Glow CEO Mike Huang said in a statement. "Both women and men spend much of their lives trying to avoid pregnancy, but then when they’re ready to start...
By Jonah Comstock February 19, 2014
Optum, a division of the UnitedHealth Group, has purchased a majority stake in Audax Health Solutions in a deal "which included cash, options, preferred stock, and significant working capital," according to Audax. Around the same time, Audax filed a $29 million funding raise with the SEC. It's likely that Optum's investment was contained within that round. UPDATE: Audax has told MobiHealthNews...
By Jonah Comstock February 18, 2014
Krames Staywell's Text Connection messaging software A small pilot study of text message interventions for pregnant women and people with diabetes suggests that people respond positively to receiving text messages from their insurance company. Regence Blue Cross Blue Shield, an insurer with 2.2 million members in Idaho, Oregon, Washington and Utah, worked with Krames Staywell to offer health...

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