the average cost for employers paying for their employees' healthcare will rise by 6.5 percent in 2023. “If you think about healthcare today, what's the enemy?” asks Tullman. “Complexity is the enemy and what we provide is simplicity.”
Tullman says Transcarent already offers 24/7 access to a doctor within 60 seconds via its app, but the startup previously used third-party contractors. This acquisition brings things in-house: Transcarent will now be using 98point6’s software and physician group to offer near instantaneous text-based care to patients. “That's what everybody wants,” says Tullman. “You want an instant response.
at a $1.6 billion valuation in January 2022, was evaluating different acquisitions to help expand in the self-insured employer market. Its existing customers include companies, such as UPS, Kemper and Rush University. “Not only are healthcare costs increasing at a very rapid rate, but quality care options are difficult to access,” Ismat Duckson Aziz, chief human resources officer of Kemper Corporation said in a statement. The Chicago-based insurance company became a Transcarent customer in April 2022. The partnership, she said, helps employees reduce complexity with “direct connections to quality care through easy-to-use tools and resources.
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