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About Signify Health
Industries
Healthcare
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$93.5M
Headquarters
Dallas, Texas
Founded
2017
Overview
Signify Health improves healthcare through value-based care, which enhances patient outcomes while managing costs. They connect health plan members, payors, and providers using a platform that integrates technology and data analytics to support value-based payment programs. By aligning financial incentives with health outcomes, they ensure that all parties share in the risks and rewards of patient care. The goal is to create a more efficient healthcare system that leads to healthier and happier patients.
Simplify's Take
What believers are saying
- Expansion of in-home diagnostics positions them as leaders in preventive care.
- Partnership with UConn Health enhances credibility and fosters innovation.
- International hub in Galway City facilitates global expansion and market access.
What critics are saying
- Increased competition from retailers like Walmart and Walgreens threatens market share.
- CVS's corporate restructuring may lead to instability affecting Signify Health.
- Rising mental health concerns may strain resources or divert focus from existing programs.
What makes Signify Health unique
- Signify Health focuses on value-based care, improving outcomes while controlling costs.
- They integrate technology, data analytics, and networks for value-based payment programs.
- Their leadership team combines expertise in healthcare, technology, and consumer engagement.
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Funding
Total Funding
$93.5M
Above
Industry Average
Funded Over
5 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Company Equity
Professional Development Budget
Paid Vacation
Paid Holidays
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Last year, it paid $10.6 billion to buy the Oak Street Health primary care clinics and $8 billion to buy in-home provider Signify Health.
Concerns higher than during COVID-19 pandemic, with the effects of social media a driving factorWOONSOCKET, R.I., May 9, 2024 /PRNewswire/ -- A recent CVS Health® (NYSE: CVS)/Morning Consult survey found that a majority of adults have significant concerns about their mental health and rates across the country continue to rise. Image provided by CVS HealthTwo-thirds (65%) of adults have experienced concerns about their own mental health or the mental health of their friends and family, which is up six percentage points from 2022 and 15 percentage points from 2020. About eight in 10 adults (77%) are concerned about mental health in the country, viewing it as a top concern in line with issues such as the economy (81%)
CVS company - Signify Health - recently launched a new heart arrhythmia test.
Signify Health has launched its inaugaral international hub in Galway City.
Home care company Signify Health announced Tuesday that it added an in-home kidney health evaluation to its platform.
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About Signify Health
Industries
Healthcare
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$93.5M
Headquarters
Dallas, Texas
Founded
2017
Signify Health is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today