BridgeHealth, a Denver, CO-based provider of surgical advocacy and centers of excellence (COE) programs for large, self-insured organizations and their members, has merged with Transcarent, a Silicon Valley-based consumer digital health company, as part of a $40m Series A financing round.
BridgeHealth will continue to provide its platform to employers with self-insured group health plans while introducing new high-tech navigation services and solutions built using the Transcarent technology stack.
Founded in 2007 and led by Jamie Hall, President and CEO, BridgeHealth is a provider of healthcare services that guide members to surgical Centers of Excellence nationwide. Its bundled rates allow self-insured group health plans to improve the quality and outcomes of surgery while reducing costs per procedure. Members are supported through concierge-level care coordination, eliminating the stress of planning and preparing for surgery. With more than 300 pre-negotiated, contracted bundles covering procedures across eight surgical categories, members can realize transparency, cost savings, and choice in making their most important healthcare decisions.
Led by Krishnan Sridharan, President, Transcarent offers a technology layer that provides more choice and transparency, and addresses a broader range of health and care challenges people face in today’s complex, and costly healthcare system. The company is backed by 7wireVentures, Alta Partners, and General Catalyst.