Healthcare company Centivo has secured $75 million in funding to expand its mission of providing affordable, high-quality healthcare. The funding will help strengthen and scale its product offerings and establish alliances with health systems to save money and improve patient outcomes. Centivo plans to reduce annual employee out-of-pocket costs by almost $1,200 by implementing a three-pronged approach, including a primary care model, contracts with ACOs, and a member engagement platform. CEO Ashok Subramanian aims to make healthcare more accessible and affordable for Americans. This funding follows previous rounds of financing in 2020 and 2018, demonstrating strong support for Centivo’s mission.
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