Articles from Transcarent

Transcarent, the One Place for Health and Care, and Accolade (NASDAQACCD), a leader in health advocacy, expert medical opinions, and primary care, announced that they have entered into a definitive agreement under which Transcarent will acquire Accolade for $7.03 per share in cash, which represents a total equity value of approximately $621M. This strategic combination, which has been unanimously approved by the Boards of Directors of both companies, will enhance Transcarent's mission to make it easy for people to access high-quality, affordable health and care. The combined platform will deliver a more personalized and engaging Member experience.

Transcarent, the One Place for Health and Care, today released the results of a comprehensive consumer survey, “Understanding the Employee Experience with Cancer,” involving 1,314 individuals diagnosed with cancer and those that have acted as caregivers for people with a cancer diagnosis. The survey provides critical learnings on the challenges they face across the cancer care continuum—from screening to survivorship and workplace support. The findings highlight significant gaps in access to timely screening, diagnosis clarity, treatment initiation, and workplace accommodations for those navigating a cancer journey. The survey results are a call to action for employers, healthcare providers, and policymakers to improve comprehensive support for people with cancer and caregivers alike.

Transcarent, the One Place for Health and Care, was selected to power Evernorth Health Services’ new Oncology Benefit Services program, an end-to-end care experience to support patients and caregivers throughout their cancer journey. The digital platform included in this offering will bring together cancer services across pharmacy and medical benefits, and provide added personalized patient support through a dedicated care team.

Today, Transcarent, the One Place for Health and Care, announced WayFinding, a new experience that seamlessly combines generative AI with instant access to care providers to integrate benefits navigation, clinical guidance, and care delivery on one easy to use platform. WayFinding personalizes each person’s experience, orienting and guiding them through their health and care journeys, with human support never more than a tap away.

Transcarent, the One Place for Health and Care, announced a $126 million Series D investment led by General Catalyst and 7wireVentures, joined by new investors Geodesic Capital and Memorial Hermann Health System, with support from previous investors Threshold Ventures, Kinnevik, Ally Bridge Group, Human Capital, Merck Global Health Innovation Fund, Alta Partners, and Leaps by Bayer.

Transcarent, the One Place for Health and Care, announced today that Laurie McGraw has joined the organization as Executive Vice President. Reporting to Transcarent Chief Executive Officer Glen Tullman, Ms. McGraw will support the organization’s commercial endeavors across business and channel development.

Today, Transcarent, the One Place for Health and Care, announced the launch of the first comprehensive Weight Health care experience that provides self-insured employers access to pharmaceutical treatments alongside lifestyle management, behavioral coaching support and industry-leading surgical care, on one platform. The personalized, longitudinal care experience builds on Transcarent’s 15 years of experience leading a successful Surgery Center of Excellence (COE) program, including bariatric care.

Today, Transcarent is announcing the first National Independent Provider Ecosystem with ten of the most innovative and highest-quality health systems across America as a key part of our efforts to make it easy for people to access high-quality, affordable care. This ecosystem will provide national employers and their employees with a health and care experience they value, faster access to verified high-quality digital or in-person care and guaranteed, affordable and predictable costs with full transparency.

Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care, announced a partnership with ViewFi, bringing world-class orthopedic and musculoskeletal care directly to patients. ViewFi will power Transcarent’s Orthopedic Consult solution, part of the Transcarent Surgery Care experience.

Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced today that Dr. Randy Hawkins has joined the organization as Chief Medical Officer. Reporting to Transcarent Chief Executive Officer, Glen Tullman, Dr. Hawkins will oversee the organization’s clinical quality initiatives and support the organization’s health analytics strategy.

Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced plans to acquire the leading AI-powered virtual care platform and care business of on-demand primary care company, 98point6. The acquisition gives Transcarent access to the leading AI-powered virtual care technology and an affiliated medical group of providers skilled at delivering high-quality, on-demand care.

Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced today that Tom Richards has joined the organization as the Executive Vice President of Business Development. Reporting to Transcarent Chief Executive Officer Glen Tullman, Mr. Richards will oversee the organization’s business development strategy.

Transcarent, a health and care experience company that makes it easy for people to access high-quality, affordable care announced today that industry leader Ken Frazier has been appointed to chair the company’s board of directors. This addition to the Board is a formative milestone for Transcarent. As one of the most influential Chief Executive Officers in healthcare, Frazier brings unmatched experience and business acumen to help shape Transcarent’s long-term growth strategy.

Transcarent, a health and care experience company that makes it easy for individuals to access high-quality, affordable care announced today that Zoë Harte has joined the organization as its Chief People Officer. Reporting to Transcarent Chief Executive Officer Glen Tullman, Ms. Harte will oversee the company’s people function.

Transcarent, a health and care experience company that makes it easy to access high quality, affordable care, and aligns with the companies who pay for care, announced a new collaboration with The Clinic by Cleveland Clinic (The Clinic) that enables Transcarent Members and their families to access The Clinic’s expert second opinions. Transcarent Members can easily leverage Cleveland Clinic’s world-renowned specialists for a personalized care evaluation and coordinated follow-up as a Transcarent benefit, all in one seamless experience.

Transcarent, a health and care experience company that puts people back in charge of their health and aligns with the companies who pay for high-quality care, today announced that Janine Gianfredi has joined as Chief Marketing Officer. Reporting to Transcarent Chief Executive Officer Glen Tullman, Ms. Gianfredi will oversee the company’s marketing and communications functions.

Transcarent, a new, different and better health and care experience company that puts people back in charge of their care and aligns with the companies who pay for care and Prescryptive Health, a healthcare technology company on a mission to rewrite the script for the U.S. pharmaceutical market, announced today a partnership to provide the industry’s most immersive, intelligent, and individualized pharmacy care experience.

Transcarent, a new, different, and better health and care experience company for employees of self-insured employers and their families, today announced the launch of the industry’s first fully transparent and integrated pharmacy benefit offering designed to establish a new model for drug affordability and access that will directly impact Member health. The offering will address the complex, confusing, and costly process that exists today by offering easy to understand price transparency, 24/7 clinical support, and care guidance. Transcarent Pharmacy Care gives employers maximum control over their formulary, benefit designs, and data while empowering Members with a superior consumer-driven experience that truly transforms their health and care journey. This integrated Pharmacy Care experience is available to self-insured employers and health systems.

Transcarent, a new, different, and better health and care experience company for employees of self-insured employers and their families, announced today a new collaboration with Hospital for Special Surgery (HSS) that will allow both employees of self-insured employers and their families to have access — with limited or no out-of-pocket responsibility — to HSS’ world-leading orthopedic and musculoskeletal (MSK) specialists. As part of this new program, Transcarent will handle all Member referrals, and help cover the cost of certain orthopedic surgeries, along with travel coordination and associated costs when necessary.

Transcarent, a new, different, and better health and care experience company for employees of self-insured employers and their families, today announced the appointment of Peter Bridges as its new Chief Commercial Officer. Mr. Bridges will lead Transcarent’s sales, channel partnerships, provider relations, and consultant relations teams as Transcarent continues its rapid market expansion with the country’s most innovative self-insured employers and health systems. Mr. Bridges is a proven business and commercial leader with more than three decades of experience establishing category winners in the digital health and technology industries. He will report to Transcarent’s Chief Executive Officer, Glen Tullman.

Transcarent, a new, different, and better health and care experience company for employees of self-insured employers and their families, announced today a new behavioral health offering, designed to connect employees with rapid, personalized access to life-changing care and trusted guidance, on their terms - virtually or in person. The comprehensive solution addresses the many barriers faced by individuals and families seeking behavioral health support, including long wait times, lack of access to high-quality providers and a confusing, fragmented experience.

Transcarent, a new, different, and better health and care experience company for employees of self-insured employers and their families, today announced the launch of Transcarent Oncology Care, a collaborative cancer care experience that connects employees and their families with high-quality cancer care from leading cancer institutes, top rated oncology providers and researchers, and clinical trial identification irrespective of their geographic location. This expanded access is coupled with a holistic approach to better cope with the clinical, emotional, and financial impact of cancer care. This industry-first offering provides Transcarent Members and their families with expert medical opinions, comprehensive treatment planning, high-quality care via leading Centers of Excellence, and wrap-around emotional and social support resources via Health Guides from diagnosis to remission, along with industry-leading workplace benefits integration and support during their cancer experience.

Transcarent, which delivers a new, different, and better health and care experience for employees of self-insured employers and their families, today announced an agreement with Chicago-based Rush University System for Health (RUSH). The agreement will provide 9,000 RUSH employees and their family members with a new way to access high-quality medical care. With Transcarent, RUSH employees can use Transcarent’s digital health care app, 24/7 personalized Health Guides, and other tools and resources to enhance their RUSH-sponsored medical care options. This will help RUSH maximize the benefit value to employees and minimize the cost for both employees and employer.

Transcarent, a new and different health and care experience company for employees of self-insured employers and their families, today announced a $200 million Series C investment led by Kinnevik and Human Capital, with participation from Ally Bridge Group and leading health systems including Northwell Health, Intermountain Healthcare, and Rush University Medical Center. The funding round also included participation from existing investors, including General Catalyst, 7wireVentures, Alta Partners, Merck Global Health Innovation Fund, Jove Equity Partners, Threshold Ventures, and GreatPoint Ventures.

Transcarent, a health and care experience company focused on self-insured employers and their employees, announced today the appointment of Erica Davila as General Counsel. Reporting to Transcarent CEO Glen Tullman, Ms. Davila will oversee legal, compliance, and regulatory issues.

Transcarent, a health and care experience company for employees of self-insured employers and their families, today announced the appointment of Stephanie Peng as its Chief Financial Officer. Ms. Peng will scale Transcarent’s financial operations in preparation for rapid market expansion. Ms. Peng is a proven business leader and finance executive with more than two decades of experience leading and scaling category winners in the digital health and technology industries. She will report to Transcarent’s Chief Executive Officer, Glen Tullman.

Transcarent, a health and care experience company for employees of self-insured employers and their families, announced today the appointment of Snezana Mahon, Pharm.D., as Chief Operating Officer. Ms. Mahon will report to Transcarent Executive Chairman and Chief Executive Officer, Glen Tullman.

Transcarent, a new and different consumer-directed health and care experience for employees of self-insured employers and their families, today announced a $58 million Series B investment led by General Catalyst and 7wireVentures, with participation from Merck Global Health Innovation Fund, Kleiner Perkins, Leaps by Bayer, GreatPoint Ventures, and Threshold Ventures along with existing investors Alta Partners and Jove Equity Partners. This round brings Transcarent’s total funding to $98 million and will allow the company to respond to the demand for rapid expansion of its innovative risk-based offering for self-insured employers.

BridgeHealth, a key pillar of Transcarent’s newly introduced health and care experience, announced the findings of a national claims study that analyzed two years of surgical procedures managed through BridgeHealth against a benchmark of $253 billion in paid medical claims associated with self-insured employers. The study found that BridgeHealth’s value-based care and payment model, which carefully assesses surgical necessity, bundles payments for certain elective surgical procedures, ensures appropriate site of care and use of Centers of Excellence, and manages post-surgical care, saved plan sponsors an average of 50% per procedure.