
Zing Health Raises $140 Million to Expand Medicare Advantage Chronic Care Plans
Key Highlights
- Zing Health raises $140 million in funding led by Health 2047 Capital Partners, CRG, and First Trust Capital Partners, LLC.
- Proceeds will expand Chronic Special Needs Plans (CSNP) for underserved Medicare beneficiaries.
- Zing Health co-founded by Dr. Eric Whitaker to address underserved senior populations with chronic conditions.
- Company has seen rapid growth with majority of members selecting tailored CSNP plans.
- Commitment to value-based care through integration of high-quality care providers and seamless member experience.
Source: Business Wire
Notable Quotes
“ Medicare Advantage is a superior program that can provide enhanced outcomes for seniors. However, the industry today does not do enough to tailor plans and member experience to individuals’ needs. ”
Andrew Clifton, CEO at Zing Health
“ We are excited to continue to support the development of this powerful platform and its innovative and collaborative approach to managed care. ”
Srdjan Vukovic, Partner at Newlight Partners