Zing Health gets strategic backing for health equity vision

Zing Health Holdings, a physician-led Medicare Advantage insurance company focused on serving vulnerable populations, has received a $25m investment from Town Hall Ventures and Leavitt Equity Partners.

The new investors join Newlight Partners and Health2047 in continuing to advance Zing Health’s mission to provide leading Medicare Advantage products to older Americans.

Through comprehensive supplemental benefits and an emphasis on access to care, Zing Health’s plans extend meaningful access to patient-centred and technology-enabled care for seniors, a group it says has been under-served by traditional insurance models.

Zing Health said it will use the investment to accelerate its growth and develop new business partnerships that align with its health equity mission.

Michael O. Leavitt, founder and chairman of Leavitt Equity Partners, said, “We believe that a transition to value-based healthcare is essential to transform the U.S. healthcare system. Zing Health has built a strong team, led by Dr. Whitaker. They engage beneficiaries in a way that reduces long-term costs by improving access to more hands-on, preventative care.”

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