Health Care Service Corporation (HCSC) is the largest non-investor-owned health insurer in the United States and the fourth largest overall. Established in 1936, the company operates through its Blue Cross and Blue Shield® Plans in Illinois, Montana, New Mexico, Oklahoma, and Texas, serving nearly 14.7 million members. HCSC provides a diverse range of health and life insurance products, including group life, disability, and dental solutions, through its affiliates and subsidiaries. The company is committed to expanding access to high-quality, cost-effective health care and empowering its members with the necessary information to make informed healthcare decisions. HCSC has been a pioneer in offering coverage for advanced medical procedures and is currently focused on developing value-based care models that enhance collaboration among healthcare stakeholders. In addition to its insurance services, HCSC actively supports community well-being through charitable investments, volunteer efforts, and various community engagement initiatives. With a workforce of nearly 23,000 employees across over 60 local offices, HCSC aims to improve health outcomes and promote healthier lifestyles for its members and the communities it serves.
Executive Director of corporate and civic Partnerships
20 past transactions
Solera Health
Series E in 2025
Solera Health, Inc. is a preventive care benefits manager based in Phoenix, Arizona, that operates a technology platform designed to connect patients, payers, and physicians with community organizations and digital therapeutics companies. Founded in 2015, Solera's platform consolidates diverse healthcare programs into a single marketplace, facilitating increased consumer participation in health management. The company focuses on value-based health solutions, matching users with tailored programs that address a variety of health concerns, including hypertension, obesity, tobacco usage, diabetes prevention, mental health, and more. By linking members to appropriate health technologies and non-clinical healthcare providers, Solera aims to enhance the management and improvement of overall health outcomes for its users.
Care Allies
Acquisition in 2024
CareAllies, Inc., will deliver the systems, capabilities and management services that providers need to be successful under a variety of value-based and risk-sharing models across the value-based reimbursement spectrum. CareAllies will offer services to help ease providers’ administrative burden across payers and can even help providers launch and manage their own health plans.
Headway
Series C in 2023
Headway is a digital health company specializing in mental healthcare. It operates a virtual network of licensed therapists who accept insurance and offer video or in-person sessions booked online, making mental health services more accessible and affordable. Additionally, Headway supports mental health providers in expanding their practices and helps individuals save on mental health sessions.
Montana Pediatrics
Grant in 2023
Montana Pediatrics provide urgent care video appointments Montana pediatricians with your doctor for high-quality seamless care.
Madison Strategies Group
Grant in 2023
Madison Strategies Group is a non-profit organization that provides innovative employment, education, and financial empowerment strategies.
Hunger Free Oklahoma
Grant in 2023
Hunger Free Oklahoma feeds children in Oklahoma schools who are currently unable to access federally-funded summer meal programs.
My Possibilities
Grant in 2023
MyPossibilities is a vocational education program designed for adults with intellectual and/or developmental disabilities. Operating as a subsidiary of Launchability, it offers full-day services throughout the year, focusing on enhancing the skills and independence of its participants. The program aims to provide meaningful educational experiences that promote personal growth and vocational readiness, enabling individuals to pursue their goals in a supportive environment.
Cultivate Collective
Grant in 2023
Cultivate Collective is developing a community model where education, wellness, sustainability, and economic vitality work in harmony.
New Mexico Ramp Project
Grant in 2023
New Mexico Ramp Project provides no-cost ramps to low-income individuals across the state who are disadvantaged by mobility issues.
NAMI
Grant in 2023
NAMI is the National Alliance on Mental Illness, the nation’s largest grassroots mental health organization dedicated to building better lives for the millions of Americans affected by mental illness. NAMI advocates for access to services, treatment, supports and research and is steadfast in its commitment to raise awareness and build a community for hope for all of those in need. NAMI is the foundation for hundreds of NAMI State Organizations, NAMI Affiliates and volunteer leaders who work in local communities across the country to raise awareness and provide essential and free education, advocacy and support group programs.
Bonton Farms
Grant in 2023
Bonton Farms is a non-profit organization that provides fresh food options and support to residents by cultivating a vibrant and sustainable urban farm through innovative urban gardening techniques.
St. Vincent Healthcare Foundation
Grant in 2023
St. Vincent Healthcare Foundation raises awareness and reduces stigma associated with mental illness, especially among youth.
Encuentro NM
Grant in 2023
Encuentro NM supports low-income Latina immigrants in building skills to generate income in the home health.
Collective Health
Series F in 2021
Collective Health is a prominent health benefits platform that streamlines the management of medical, dental, vision, and pharmacy services for employees and their families. By offering an integrated solution through a cloud-based self-insurance platform, the company simplifies the administration of health plans via a single portal. This platform provides users with clear guidance, live concierge support, and digital tools to facilitate the navigation and management of healthcare services. Collective Health aims to reduce the complexities of delivering health benefits, enhance the member experience, and promote healthier outcomes for both employees and organizations. Headquartered in San Francisco, California, the company also has offices in Chicago, Illinois, and Lehi, Utah.
ClearDATA
Series E in 2018
ClearDATA Networks, Inc. specializes in providing cloud computing and information security solutions tailored for the healthcare sector, serving healthcare providers, life sciences organizations, and payers. Established in 2009 and headquartered in Austin, Texas, the company offers a comprehensive multi-cloud platform that automates, protects, and manages healthcare applications and data. Its key products include ClearDATA Comply, a software solution for maintaining healthcare cloud compliance, and ClearDATA Assess, which aids in conducting mandatory HIPAA Security Risk Assessments. Additionally, ClearDATA Locate Mask allows organizations to utilize unstructured datasets while safeguarding sensitive information. The company is recognized for its HITRUST-certified cloud services, which ensure robust data privacy protections and extensive compliance capabilities, helping healthcare organizations leverage data effectively while enhancing operational efficiency.
MDLive
Venture Round in 2018
MDLive is a telehealth provider that offers online and on-demand healthcare delivery services through a cloud-based platform. The company facilitates access to board-certified doctors via phone, video, and applications, allowing patients to receive medical consultations without the need for in-person visits. This service is designed to benefit a wide range of stakeholders, including patients, hospitals, employers, payers, and physician practice groups. By enabling virtual consultations, MDLive helps reduce the reliance on emergency room and urgent care visits for non-emergency issues, promoting a more efficient and cost-effective healthcare experience. Its platform ensures secure and seamless collaboration among patients, healthcare professionals, and administrators.
Cogitativo
Series A in 2017
Cogitativo, Inc. is a data-science company based in Berkeley, California, that specializes in providing machine learning solutions to healthcare organizations. Founded in 2014, the company focuses on helping hospitals, physicians, and payers navigate complex data from both public and proprietary sources. By leveraging advanced data curation techniques, Cogitativo assists its clients in reducing epistemic opacity and enhancing the efficiency of healthcare processes. The team's expertise, which combines insights from data scientists and healthcare professionals from leading academic institutions, enables Cogitativo to deliver tailored solutions that address challenging business problems and improve overall health system performance in the United States.
Healthbox
Venture Round in 2014
Healthbox, established in 2010, is a Chicago-based company that provides strategic advisory services to organizations in the healthcare sector. It assists these entities in developing innovative strategies and programs to enhance the quality and delivery of care, driving exponential improvements.
MEDecision
Acquisition in 2008
MEDecision is a provider of digital care management services designed to enhance the operations of health plans and care delivery organizations. The company offers a range of modular healthcare management and data analysis solutions that connect the healthcare ecosystem to valuable data and insights. This integration enables clients to improve consumer engagement and experiences while creating operational efficiencies that help reduce costs and foster more effective care delivery. Through its collaborative health care management solutions, MEDecision aims to optimize the performance of its clients in the healthcare industry.
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