Independence Blue Cross

Independence Blue Cross is a leading health insurance provider based in the Philadelphia region, serving approximately 9 million individuals across 32 states and Washington, D.C., including 2.5 million in its local area. The company offers a diverse range of insurance products and services tailored to individuals, families, and employers. This includes employer health plans, personalized coverage options, single-person and family insurance, as well as medical assistance and Medicaid services. Independence Blue Cross prioritizes the unique needs of its members, leveraging innovative ideas and technologies to enhance access to healthcare and improve overall health outcomes for its customers.

Peishan Ang

Vice President of Corporate Strategy

Thomas Leonard ESQ

Vice Chairman of the Group

Joe Geist

Senior Vice President and Market President - National

Michael Lentz

Vice President Operations

Tracy Mueller

Vice President, Enrollment and Billing

10 past transactions

NeuroFlow

Venture Round in 2018
NeuroFlow, Inc. is a digital health company that offers a cloud-based platform designed to enhance access to behavioral health services and improve patient engagement across various care settings. Founded in 2016 and headquartered in Philadelphia, Pennsylvania, NeuroFlow provides tools for remote patient monitoring and integrates behavioral health into practices such as psychology, primary care, and pain management. The platform is HIPAA-compliant and utilizes evidence-based practices to help healthcare providers track and assess patients' mental health, aiming to increase engagement and compliance. NeuroFlow serves a diverse range of clients, including healthcare practices, hospitals, health systems, health plans, and individuals. The company has established strategic partnerships with organizations such as Mental Health America and the National Science Foundation to further its mission of optimizing mental wellness and improving health outcomes.

Quil Health

Private Equity Round in 2018
Quil Health is a digital health platform formed as a joint venture between Independence Health Group and Comcast NBCUniversal. It focuses on providing personalized and interactive health journeys for consumers and their caregivers. The platform aims to engage users in their health management, promoting the idea that informed and active consumers can achieve better health outcomes at reduced costs. Quil Health serves a wide range of stakeholders, including individuals, caregivers, healthcare providers, and health plans across the United States. Utilizing precision data and technology, Quil delivers tailored health itinerary solutions and episodic care support through various digital channels, including smartphone applications and televisions. This approach seeks to enhance the healthcare experience by facilitating better communication and support for users.

Grand Round Table

Seed Round in 2015
Grand Round Table Inc. is a developer of clinical decision support tools aimed at enhancing diagnostic accuracy for healthcare providers. The company's flagship system, Grand Round Table, integrates with electronic health records to assist doctors in diagnosing patients by comparing their cases against a comprehensive database of deidentified health records, case reports, and evidence-based medical literature, including resources from the University of Pennsylvania. This technology enables physicians to access insights from previous cases, facilitating quicker and more informed treatment decisions for complex patients. By streamlining the decision-making process, Grand Round Table helps hospitals and clinics reduce unnecessary tests, ineffective treatments, and consultations, ultimately saving time and costs in patient care. Established in 2011, the company is headquartered in Philadelphia, Pennsylvania.

New Ocean Health Solutions

Funding Round in 2014
New Ocean Health Solutions is a software design and development company that specializes in creating an enterprise health management platform. This platform includes valuable health and well-being programs aimed at enhancing overall wellness. One of its key offerings is Bridge, an integration and optimization platform that connects various components of the healthcare system. The company also provides personalized, rewards-based programs for members and employees, helping them achieve their health goals, ranging from improved well-being to chronic condition management. Founded in 2013 and headquartered in Conshohocken, Pennsylvania, with additional operations in Greenville, South Carolina, New Ocean Health Solutions was previously known as Care Cam Innovations, LLC.

Tissue Analytics

Pre Seed Round in 2014
Tissue Analytics, Inc. is a company that develops a mobile application designed to facilitate the measurement and analysis of chronic wounds, burns, and skin conditions. This innovative solution allows home health agencies, nursing homes, and medical practices to send patient photographs and perform wound analysis. The application automatically generates formatted patient reports and enables tracking of patient progress regarding their treatments. Additionally, it provides tools for remote patient evaluation and management, utilizing skin and wound analysis algorithms to measure, segment, and classify images. The platform ensures secure transport of protected health information from the patient's bedside to the provider's desktop. Established in 2014 and based in Baltimore, Maryland, Tissue Analytics operates as a subsidiary of Net Health Systems, Inc. The company has formed a strategic alliance with MolecuLight Inc. to further enhance its offerings.

Fitly

Seed Round in 2013
Fitly, Inc. is a Philadelphia-based company that develops a mobile web application and a countertop device aimed at helping families and children plan, purchase, and prepare healthy meals. The core product, SmartPlate, utilizes advanced food recognition technology to provide users with personalized meal plans based on specific health goals. By pairing the SmartPlate app with a countertop device, users can achieve precise image recognition and nutrient tracking, accessing a comprehensive database of food items for easy tracking. SmartPlate offers personalized guidance on various health aspects, including weight management, energy levels, portion control, and dietary needs. The device is designed to improve the efficiency of meal tracking significantly, aiming to enhance accountability for users managing their diets, whether for weight loss, athletic performance, or chronic illness management. Incorporating advanced object recognition and load sensors, SmartPlate delivers accurate meal analysis, positioning itself as an innovative alternative to traditional calorie-counting methods.

Medlio

Seed Round in 2013
Medlio Inc. provides Medlio, a smartphone-based health insurance card that delivers up-to-date health benefits information, as well as a centralized location for creating, storing, and sharing medical forms. Its application helps providers to estimate the cost of patient encounters before they occur to collect patient-responsible balances on the front-end prior to service. Medlio Inc. was founded in 2013 and is based in Durham, North Carolina.

Grand Round Table

Seed Round in 2013
Grand Round Table Inc. is a developer of clinical decision support tools aimed at enhancing diagnostic accuracy for healthcare providers. The company's flagship system, Grand Round Table, integrates with electronic health records to assist doctors in diagnosing patients by comparing their cases against a comprehensive database of deidentified health records, case reports, and evidence-based medical literature, including resources from the University of Pennsylvania. This technology enables physicians to access insights from previous cases, facilitating quicker and more informed treatment decisions for complex patients. By streamlining the decision-making process, Grand Round Table helps hospitals and clinics reduce unnecessary tests, ineffective treatments, and consultations, ultimately saving time and costs in patient care. Established in 2011, the company is headquartered in Philadelphia, Pennsylvania.

NaviNet

Series C in 2001
NaviNet, Inc. operates a healthcare collaboration network that connects health plans and physicians across the United States. The company's flagship offering, NaviNet Open, provides a comprehensive platform for payer-provider collaboration, facilitating essential healthcare transactions such as eligibility verification, claims management, and authorizations. In addition to NaviNet Open, the company offers various solutions including Insurer Connect, which links users to insurance plans; Payment Management, enabling fund collection; and Patient Care Connect, which fosters collaboration among patients, insurers, and healthcare providers. NaviNet's services encompass claim and payment management, clinical messaging, health record exchange, and provider communications, among others. Established in 1997 and originally named NaviMedix, Inc., the company was rebranded in 2009 and is headquartered in Boston, Massachusetts. As of early 2016, NaviNet operates as a subsidiary of Nanthealth, LLC and NantWorks, LLC.

Notre

Venture Round in 2000
Notre Inc. is an e-healthcare information management and connectivity company.
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