Healthcare DIVE April 14, 2021
Rebecca Pifer

Dive Brief:

  • Anthem, digital health startup K Health and Blackstone Growth are launching a joint venture focused on leveraging technology to better triage patient care and lower healthcare costs.
  • The venture, which has nine figures in funding and is called Hydrogen Health, has been in development for years, the companies said in a Wednesday release. Hydrogen will use K Health’s artificial intelligence tools to bring digital health products to the employer and consumer markets.
  • Financial terms of the deal were not disclosed, but the company will launch with a put and call agreement between Anthem and Blackstone. A spokesperson for the deal declined to share details on which parties held the put/call options.

Dive Insight:

‚ÄčAnthem first tapped...

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