Collective Health has raised $81m from Google Ventures in a bid to expand outside its California base, throughtout the US. The company offers a helpiing hand to small businesses to ﻿migrate their insurance schemes to self-funded plans, and will work with major insurers such as Anthem and Blue Shield of California to help deliver its offering. In an interview with TechCrunch, co-founder and CEO David Schwartz said that his startup was looking for ways to “disrupt” healthcare by offering consumers more choice than they currently have.
Collective Health has raised $81m from Google Ventures in a bid to expand outside its California base, throughtout the US. The company offers a helpiing hand to small businesses to ﻿migrate their insurance schemes to self-funded plans, and will work with major insurers such as Anthem and Blue Shield of California to help deliver its offering. “We’re working to shift the focus of health insurance from profits to people,” Ali Diab, CEO of Collective Health, said in a statement, adding "Ultimately, this funding will give Collective Health a big boost in our mission to make the healthcare experience in our country something we can all feel proud of."