Transcarent
In January, Transcarent announced it was acquiring Accolade and taking it private.
The launch of the WayFinding platform comes just weeks after the company announced it secured $126 million in funding.
The company will use the funds to accelerate its AI capabilities and for strategic and commercial growth.
Transcarent is led by digital health investor, entrepreneur and Livongo vet Glen Tullman. U.S. tennis champion Andy Roddick cofounded ViewFi.
Transcarent will purchase 98point6's virtual care platform and care business. After the deal, 98point6 will focus on licensing its software to third-party providers.
Dr. Taha Kass-Hout joins the newly spun-out company from Amazon Web Services.
During a discussion at the HLTH 2022 conference, panelists said that companies need to refocus their business models due to an anticipated lack of funding.
Transcarent announced it would expand into the pharmacy benefit space in September.
The collaboration aims to lower the cost of prescription drugs for Capital Blue Cross members.
The company announced a $200 million Series C round in January.