California based enterprise health services platform has raised $81m of Series C financing, led by Google Ventures. The company is growing quick, hoping to double in size within the next few years. For a flat fee / employee / month, the startup health plans for self-insured employers by centralizing benefits, from pharmacy to medical to dental, on its SaaS platform. It even goes a step further by analyzing claims data in real-time to chart trends in health care costs, and to identify patient population----for example, prevalence of diabetes.
We’re working to shift the focus of health insurance from profits to people,” said Diab. “Ultimately, this funding will give Collective Health a big boost in our mission to make the health care experience in our country something we can all feel proud of.”