Bright Health Group posted a $462.8 million operating loss in the third quarter as it continues to wind down its Affordable Care Act (ACA) business and navigates the sale of its Medicare Advantage (MA ...
When insurtech Bright Health Group first emerged back in 2015, it had bold goals of disrupting the insurance industry by leveraging technology. It raised a whopping $2.4 billion — including from Cigna ...
Minneapolis-based Bright Health reported significant losses in 2021’s third quarter despite triple-digit revenue growth. 1. Bright Health’s revenue for the quarter was $1.1 billion, up $727 million or ...
Completes final repayment on secured credit facility eliminating the Company’s secured debt Further focuses on increasing access to value-driven healthcare for all populations across the ACA ...
The sale of Bright Health Group's Medicare Advantage plans to Molina Healthcare has cleared the needed regulatory hurdles and is set to close on or about Jan. 1. The troubled insurtech also announced ...
Bright Health is moving its headquarters from Minnesota to Florida and is changing its name to NeueHealth. The Bloomington-based company is adopting the name of its division for running medical ...
MINNEAPOLIS--(BUSINESS WIRE)--Bright Health Group, Inc. ("Bright Health Group" or the "Company") (NYSE: BHG), today announced the closing of its previously announced offering of Series B convertible ...
Bright Health Group is officially bidding farewell to Minnesota and shedding its name. On Wednesday, the company announced that it’s moving its corporate headquarters from Minnesota to Doral, Florida.
ENGLEWOOD, Colo.--(BUSINESS WIRE)--New health insurance startup, Bright Health, brings a new choice to Coloradans this week, the first week of open enrollment. The company is partnering with ...
Total purchase consideration of $600 million; closing is not subject to a financing condition Proceeds will be used to satisfy Bright Health’s obligations to its bank lenders, with remaining proceeds ...
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