Monday, April 22, 2013

Seechangehealth Gets $15.0M For Healthcare Plans and Technology

Studio City-based Seechangehealth has raised a $15.0M funding round, from Psilos Group and Maverick Capital for its health plans and technology geared around preventative care. The Series C investment was actually disclosed in January, but had not been widely covered. Seechangeheath provides health plans, administrative services, technology, and more geared around reducing healthcare costs via "value-based" insurance. Those plans award cash, better benefits, and more for employees to take certain actions to improve their health; for example, quitting smoking. The firm said the funding goes toward market expansion, growth, and product development. More information »