Endear Health Announces $4M in Seed Funding, Led by 8VC, Appoints Former Aetna Medicare Chief Medical Officer to Advisory Board

Endear Health transforms how value-based entities engage with innovative digital health programs

Through recent regulatory and legislative action, Medicare Advantage plans now have greater flexibility to offer a number of previously uncovered supplemental benefits. Plans offer these benefits — including meal provision, transportation, in-home support services, and more — through a combination of disparate platforms, which place the onus on the member to access and utilize the most applicable benefit at the appropriate moment. This fragmented benefit structure drives member confusion, low program engagement, and a high degree of administrative cost and burden.

With Endear Health, organizations can offer members a comprehensive and intuitive platform, purposefully designed for seniors, which integrates educational resources, core benefits and supplemental benefits into a single location. Additionally, through a marketplace of scalable integrations with third-party digital health vendors, Endear Health empowers payors to quickly deploy innovative programs in an efficient manner.

This initial funding round allows Endear Health to deliver on its early commercial commitments and scale its team to meet the growing needs of value-based care focused health plans and providers, while enabling continuous innovation in the digital health space. 

Endear Health welcomes Dr. Bob Mirsky to its growing advisory board

In addition to closing its funding round, Endear Health also welcomes Dr. Bob Mirsky to its advisory board. Dr. Mirsky brings over 35 years of healthcare experience, most recently serving as Chief Medical Officer and Vice President Medical Operations, Aetna Medicare. Previously, Bob held leadership roles as CMO for North Shore-LIJ Insurance Company, as CMO for the Mid-Atlantic Region of Coventry Health Care, as CMO Gateway Health Plan in Pittsburgh, as Senior MD Blue Cross Blue Shield of Florida, and as CMO Tenet Health System Florida. 

Bob has seen firsthand the challenges facing seniors as they attempt to navigate an increasingly digital world, both from his time practicing family medicine and serving Medicare members at Aetna.

“While the array of digital solutions and core and supplemental benefits has grown exponentially, so has the complexity of understanding and accessing those offerings,” said Dr. Mirsky. “By partnering with health plans, Endear Health endeavors to simplify the process for members thereby unlocking the value to improve outcomes and quality of life. I am excited to join the Endear Health team to help bring this vision to reality.”

The Leadership team at Endear Health, including co-founders Chris Boudreaux and Michael Chappelear, could not be more excited to welcome Dr. Mirsky to the team.

About Endear Health

Endear Health, the first digital engagement platform built for the rapidly evolving value-based landscape, is on a mission to fundamentally improve the Medicare experience. Founded in 2021 and backed by 8VC and GreatPoint Ventures, Endear Health is focused on reducing the hurdles seniors face while navigating an increasingly digital world through development of innovative consumer-centric engagement solutions. Endear Health believes that seniors who are accustomed to receiving assistance and care across nearly all facets of their daily lives should receive that same high level of support when it comes to how they access healthcare.

For more information, visit: endearhealth.com

Contact
[email protected]

SOURCE Endear Health

LEAVE A REPLY

Please enter your comment!
Please enter your name here