Biotech & Pharma
Health Tech
Politics
Health & Science
Team
Exclusive analysis of biotech, pharma, and the life sciences
Topics
Columns
Tools
Events
Team
Account
More
Follow Us
In-depth analysis of biotech, pharma, and the life sciences
from some of the nation's most trusted and well-connected reporters in the industry
with STAT+ reporters and leading industry experts in our STAT+ Conversations series
hosted by STAT+, plus early-bird access and discounts to industry events around the country
get delivered to your inbox to brief you on the most important industry news of the day
like our CRISPR Trackr and Drug Pricing Policy Tracker
In-depth analysis of biotech, pharma, and the life sciences
from some of the nation's most trusted and well-connected reporters in the industry
with STAT+ reporters and leading industry experts in our STAT+ Conversations series
hosted by STAT+, plus early-bird access and discounts to industry events around the country
get delivered to your inbox to brief you on the most important industry news of the day
like our CRISPR Trackr and Drug Pricing Policy Tracker
By Bob Herman March 3, 2022
Bright Health is hemorrhaging money, raising questions not only about its future but also about its increasingly close relationship with Cigna, which has become a major investor.
Bright, one of the largest startups combining health insurance and doctor clinics, disclosed this week that it lost almost $1.2 billion in 2021 and will lose upward of $800 million this year, suggesting it will quickly burn through the $550 million cash injection Cigna extended in January. Some of those losses were expected, but some — such as Bright struggling with basic medical claims technology — were surprising.
Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!
Business of Health Care Reporter
Bob Herman is a business of health care reporter at STAT. He covers hospitals, health insurance, and other corners of the industry — with a goal of explaining and shining light on the massive amount of money flowing through the system.




This name will appear with your comment
There was an error saving your display name. Please check and try again.
By Rachel Cohrs
By Rachel Cohrs
advertisement
By Mario Aguilar
By Megan Molteni
By Casey Ross
Reporting from the frontiers of health and medicine

source

Leave a Reply

Your email address will not be published.