Covera Health

Covera Health

AI-powered radiology quality insights platform

Overview

Covera Health uses a clinical intelligence platform focused on radiology to help doctors make more accurate diagnoses. Its system applies clinically-validated, science-based AI tools to generate quality insights that guide patient care. The company partners with large employers, payers, and healthcare organizations (including Walmart and Microsoft) to implement programs that scale quality improvement and support better outcomes for insured Americans. Unlike some AI health tools that operate in isolation, Covera Health emphasizes validated tools, real-world deployment through partnerships, and a radiology-first approach. Its goal is to elevate care standards across the nation by improving diagnostic accuracy and care quality through data-driven insights.

About Covera Health

Simplify's Rating
Why Covera Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$136.8M

Headquarters

New York City, New York

Founded

2017

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Simplify's Take

What believers are saying

  • On April 21, 2026, Covera and Medmo reached nearly 6 million Americans.
  • January 6, 2026 hired J-O Racine; July 8, 2026 hired Evan Raff.
  • Prostate MRI COE launched in Q1 2026, with breast, abdominal, and chest expansions planned.

What critics are saying

  • Shehu v. Covera Health filed May 31, 2026, threatens wage-and-hour damages and discovery.
  • Combining Covera and Medmo in 2026 risks workflow failures across all 50 states.
  • If employer steering programs underperform, Covera becomes an analytics vendor without patient routing.

What makes Covera Health unique

  • Covera's April 21, 2026 Medmo combination spans ordering, scheduling, diagnosis, and results.
  • Its radiology quality platform plugs into payer preauthorization and employer care-navigation workflows.
  • Covera's AHRQ-certified PSO and COE network benchmark subspecialty imaging nationwide.

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Funding

Total Funding

$136.8M

Below

Industry Average

Funded Over

7 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Stock Options

401(k) Retirement Plan

Unlimited Paid Time Off

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-4%
PR Newswire
Jul 8th, 2026
Covera Health appoints Dr Evan Raff as Chief Clinical Officer to lead early disease detection programs

Covera Health has appointed Evan Raff, MD, MHA, as Chief Clinical Officer to lead its population health and early detection programmes. Dr Raff is dual board-certified in radiology and clinical informatics and brings extensive experience from the Los Angeles County Department of Health Services, where he led specialty care strategy for over 500,000 patients. At Covera, Dr Raff will oversee the clinical direction of the company's Protect portfolio, which uses routine imaging to detect serious diseases earlier. The programmes include Protect Seniors for health plans and Protect Her for employers, focusing on early detection of conditions like cancer, cardiovascular disease, and bone disease. Covera Health operates an AI-powered quality platform connecting payors, providers, and employers to improve diagnostic accuracy and patient outcomes.

AInvest Fintech Inc.
Apr 27th, 2026
Covera Health raises $20M in funding round, offers additional $30.8M in securities

Covera Health has completed a $20 million funding round, with an additional $30.8 million in securities offered as part of the transaction. The offering comprises equity and debt instruments designed to strengthen the company's balance sheet and support operations. The financing round was led by institutional investors, with participation from existing shareholders. Funds will be allocated towards product development, market expansion and general corporate purposes. Covera Health provides health insurance solutions and has been expanding in the US market, targeting underserved segments with affordable coverage options. The transaction is expected to enhance liquidity and provide a foundation for future growth. Financial terms, including pricing and maturity dates, were not disclosed in detail.

Citybiz
Apr 21st, 2026
Covera Health and Medmo Merge to Form End-to-End Diagnostic Imaging Platform

Covera Health and Medmo have combined to create a unified diagnostic imaging platform that spans the full patient journey—from referral... Read More

PR Newswire
Apr 21st, 2026
Covera Health and Medmo Combine to Deliver the First Platform That Manages the Complete Radiology Journey: From Imaging Order to Accurate Diagnosis

/PRNewswire/ -- Covera Health and Medmo today announced their combination into a single organization, creating a platform that manages diagnostic imaging for...

AuntMinnie.com
Nov 14th, 2025
Covera Health adds Advanced Radiology Services to quality program

Covera Health adds Advanced Radiology Services to quality program. Covera Health has announced a partnership with Advanced Radiology Services (ARS), aligning the physician-owned Michigan practice with Covera's national Quality Care Program. The partnership entails ARS joining Covera's Agency for Healthcare Research and Quality (AHRQ)-certified Patient Safety Organization and national analytics platform, benchmarking, and continuous improvement across subspecialties, the firm said. It also includes using Covera's AI infrastructure to surface "clinically meaningful findings" that can improve outcomes for patients at risk for complex or progressive diseases, such as osteoporosis and chronic obstructive pulmonary disease. ARS serves six healthcare systems in Michigan and interprets over 2.5 million studies annually. The practice will collaborate with Covera to "enhance diagnostic performance measurement, develop radiology quality metrics that matter, and apply artificial intelligence to better identify high-risk patients who could benefit from early intervention and improved follow-up care," Covera noted. The initiative is led by ARS President Ryan Duhn, MD, and Executive Vice President Andy Moriarity, MD. I agree to receive marketing related digital communications about products, services, events and offers that may be relevant to my given user preferences and behavior. I agree to share my information with the sponsor. I have read and agree to the privacy policy & terms of service and wish to opt-in.

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