Health care insurer Cigna has unveiled plans to launch a $ 250 m venture fund , as the company prepares itself for the transformations technology promises to make to the sector in the coming years . The project , alongside Cigna Ventures , already counts digital therapeutics firm Omada Health , predictive healthcare company Prognos and home - patient care service Contessa Health among its clients . As well as preparing for the future , Cigna will also be aiming to reverse the huge share price drop the company faced this year when its deal to purchase ExpressScripts for $ 67bn was swiftly sealed by Amazon 's acquisition of rival firm PillPack .
Health care insurer Cigna has unveiled plans to launch a $250m venture fund, as the company prepares itself for the transformations technology promises to make to the sector in the coming years. The project, called Cigna Ventures, already counts digital therapeutics firm Omada Health, predictive analytics company Prognos and home-patient care service Contessa Health among its clients. As well as preparing for the future, Cigna will also be aiming to reverse the huge share price drop the company suffered this year when its deal to purchase ExpressScripts for $67bn was swiftly followed by Amazon's acquisition of rival service PillPack.