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Why health insurers big and small are investing in delivering care

Jul 16, 2021, 19:14 IST
Business Insider
Medical workers and pedestrians cross an intersection outside of the Houston Methodist Hospital on June 09, 2021 in Houston, Texas. Getty Images/Brandon Bell

Hello,

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Welcome to Insider Healthcare. I'm Lydia Ramsey Pflanzer, and this week in healthcare news:

If you're new to this newsletter, sign up here. Tips, comments? Email me at lramsey@insider.com or tweet @lydiaramsey125. Let's get to it...

Quick reminder: Newsletters are now coming from our new domain, @insider.com. Add newsletter@insider.com to your address book to make sure you don't miss any updates from the healthcare team!

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Betting big on care delivery

This week, Shelby Livingston took a closer look at the filings that came out around One Medical's planned acquisition of Iora Health.

Inside, she spotted some key details about just how closely tied Iora's been with Humana. Notably, Humana funded 40 Iora clinics (currently, Iora has 47 clinics).

It's not an unexpected turn for Humana, which has been pumping billions into home health and medical clinic companies.

Meanwhile, smaller insurers are placing their own bets on delivering healthcare. Shelby spoke to buzzy insurance upstarts like Alignment, Bright, and Clover about why they've decided to go down the path of employing medical professionals.

Get the full story>>

Why health-insurer upstarts like Alignment, Bright, and Clover are following UnitedHealth's blueprint and employing doctors and nurses

Scientists at Moderna's research hub in Norwood, Massachusetts working on the biotech's mRNA technology Franco Sacchi/Insider

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What comes next

We're entering a new phase of the pandemic. Cases are on the rise again as the Delta variant surges in the US.

The surge is hitting some places harder than others as the vaccine divide widens.

Speaking of vaccines, the FDA issued a warning about a rare paralyzing syndrome linked to Johnson & Johnson's coronavirus vaccine.

For now, the FDA and CDC aren't supporting booster shots for fully vaccinated people. Even so, Pfizer plans to seek authorization for its booster in August.

And if you're wondering if you've got one of the summer colds that's going around, allergies, or the Delta variant - my colleague Aria Bendix has a graphic that should help.

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After the success of its coronavirus vaccine, the upstart biotech Moderna is riding high.

On a recent trip up to its labs, Andrew Dunn got an inside look at what's ahead beyond COVID-19.

Take a look>>

We got an exclusive look inside Moderna's labs, where the biotech upstart is planning what comes after its blockbuster coronavirus vaccine

Swift Medical

Building the future of telehealth

Startups are betting that the future of virtual care will require more than just video visits.

This week, Megan Hernbroth got a look at the pitch deck of Swift Medical. The startup just raised $35 million for its app, which helps medical professionals remotely monitor wounds.

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The company shared the presentation it used to win over investors on its approach to wound care.

Find the full pitch deck>>

See the presentation Swift Medical, a 3D imaging startup for wound care, used to raise $35 million

Finally - we tuned into the Stat Breakthrough Science Summit, and some comments Eli Lilly CEO David Ricks said caught our attention.

Lilly's aiming to tap into the obesity treatment market with its experimental diabetes medication tirzepatide.

It's part of a new wave of obesity treatments drugmakers are betting could transform the (historically cosmetic) market.

Read more here>>

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- Lydia

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