Clover Health (Nasdaq: CLOV) is a physician enablement company focused on seniors who have historically lacked access to affordable, high-quality healthcare We aim to provide great care, in a sustainable way, by having a business model built around improving medical outcomes while lowering avoidable costs. We do this while taking a holistic approach to understanding the health needs and social risk factors of those under our care. This strategy is underpinned by our proprietary software platform, the Clover Assistant, which is designed to aggregate patient data from across the health ecosystem to support clinical decision-making by presenting physicians and other providers with real-time, personalized recommendations at the point of care. Making care more accessible is at the heart of our business, and we believe patients should have the freedom to choose their doctors. We offer affordable Medicare Advantage plans with extensive benefits, provide primary care physicians with the Clover Assistant, and also make comprehensive home-based care available via the Clover Home Care program. With our corporate headquarters in Nashville, Clover’s workforce is distributed around the U.S. and also includes a team of world-class technologists based in Hong Kong. We manage care for Medicare Advantage members in Alabama, Arizona, Georgia, Mississippi, New Jersey, Pennsylvania, South Carolina, Tennessee, and Texas. We are hiring software engineers, data scientists, designers and product folks who can help us understand our members’ wellness and steer them clear of any health risks down the road. If you’re a passionate person and interested in changing healthcare for the better, then Clover Health may just be the place for you.
External link for Clover Health
Nashville, Tennessee, US
30 Montgomery St
Jersey City, New Jersey, US
Suite 501, 8 Queen’s Road East
Wan Chai, HK
In a recent conversation with Noah Tong, Counterpart Health's new Chief Medical Officer, David Tsay M.D., Ph.D., posed an interesting hypothetical: With so many AI software companies focusing solely on easing the administrative burden for physicians, imagine if they are instantly effective, and all that wasted time is now gone. However, the quality of clinical care stays the exact same. Is that success?
New Counterpart Health CMO talks Clover Health's AI capabilities
Big news from Counterpart Health. It announced it signed a deal with The Iowa Clinic to bring #AI technology to hundreds of physicians across the Midwest. Together, we're driving innovation in #ValueBasedCare and improving patient outcomes. 🍀🍀
We are excited to announce a multi-year agreement with The Iowa Clinic , one of the most respected multispecialty healthcare groups in the United States. Through this partnership, Counterpart Health will deploy our AI-powered platform, Counterpart Assistant, to hundreds of providers across the Midwest. This collaboration marks a significant step in our mission to enhance patient outcomes and reduce healthcare costs by integrating advanced AI technology into clinical workflows. By leveraging real-time insights and innovative tools, we are empowering healthcare providers to deliver more efficient, effective, and personalized care to their patients. We are excited about the impact this partnership will have on healthcare delivery in the Midwest and beyond. Learn more about this exciting development: https://lnkd.in/gRjRM4rS #HealthcareInnovation #ArtificialIntelligence #AI #PatientCare #ValueBasedCare
We love seeing Jamie Reynoso, Our CEO of Medicare Advantage, as the headline image for the Fierce Healthcare Payer summit from her keynote last year🍀 This year, she's passing the torch to Jessica J. Son, MD, MBA, Chief Medical Officer of Clover Care Services, who will discuss our integrated care model on a panel about evolving payer strategies alongside executives from Health Management Associates and Humana. Shaping up to be a great event! https://lnkd.in/eWAKDMV6
At Clover Health, we're pioneering a unique approach to health plans that sets us apart in the industry. Our CFO, Peter Kuipers, recently spoke to Rylee Wilson at Becker's Healthcare about our journey and the transformative impact of our proprietary technology on Medicare Advantage plans. We believe the things differentiating us from others in the market, and give us a distinct edge, are our innovative tools and focus on PPO plans. When asked about what attracted him to Clover, and the components of his professional background that will be most valuable to the company, "Building and scaling platforms," responded Kuipers. Stay tuned. https://lnkd.in/g4gKfSEV #HealthcareInnovation #MedicareAdvantage #PPO #CloverHealth
Clover Health reposted this
Why attend #Elevate2024? 🏔️ Now in its third year, Elevate is a free must-attend event for anyone looking to transform healthcare operations. Here's what you can expect this year: - Connections with industry leaders from VillageMD, Wellville, Clover Health Transformation Capital and many more. - Cutting-edge strategies to transform the way you work. - Actionable insights that can make a real difference in your organization in 2025+ Whether you're looking to improve OpEx, boost provider satisfaction, or just stay ahead of industry trends, Elevate offers the tools and knowledge you need to succeed. It's all coming on October 30th. Don't miss out—join us and be part of the conversation that's shaping the future of healthcare operations. Register at: https://hubs.la/Q02LWPMV0 #freeevent #virtualevent #healthcare #healthcareevent #futureofwork
Clover Health reposted this
Do you thrive at the intersection of healthcare data and platform development? You might be the right fit for our new clincal data platform product manager role! https://lnkd.in/giN2hm59 Come lead a pod driving a clinical data platform that is scalable, secure, and efficient. Previous PM experience is welcome, but not required. If you are an engineer or a solutions architect or an integration specialist who knows healthcare and data products, please do apply as well!
🍀 Exciting News from Clover Health! 🍀 We are delighted to welcome Tom Tran, the former Chief Financial Officer of Molina Healthcare, to our Board of Directors! With over 35 years of financial leadership experience in the healthcare industry, Tom will also be joining our Audit Committee. Tom's impressive track record in strategic financial planning and execution will be a significant asset as we continue to advance Clover's mission of empowering physicians and improving health outcomes through innovative technology. Tom shares our passion for using technology to drive better health outcomes and is excited to help shape our vision of leading in value-based care. His experience will be invaluable as we continue to push the boundaries of what’s possible in Medicare. Tom, welcome to the Clover Health family! 🎉 #HealthcareInnovation #MedicareAdvantage #BoardOfDirectors #ValueBasedCare #CloverHealth https://lnkd.in/dRwcKPNp
Clover CEO Andrew Toy recently sat down with Clover Co-founder and Executive Chairperson Vivek Garipalli to discuss the company Toy sold to Google before joining Clover, as well as his vision for the future of healthcare. One topic was the importance of moving away from the reactive model to focus on the early identification and management of disease. Take a listen here: https://lnkd.in/g_YAJjn8
A strong start to a big year! So proud of what this team has already accomplished, and incredibly excited for more to come.
Today we announced our First Quarter 2024 results, which contained a number of milestones for Clover that exceeded our expectations. First, in Q1 2024 we were profitable on an Adjusted EBITDA, and announced that we have high confidence in achieving Adjusted EBITDA profitability for full year 2024. Secondly, we grew revenues in our Insurance business by 8% year over year. Thirdly, we improved our full-year 2024 financial guidance based on a number of metrics, including Adjusted EBITDA. Fourthly, we announced that our Board of Directors has authorized a share repurchase program of up to $20 million dollars of the Company’s Class A Common Stock over the next two years. I’m glad to have delivered an Adjusted EBITDA profitable first quarter, and am very much looking forward to an Adjusted EBITDA profitable Clover for the full year 2024. Our way of achieving that has been focused on our technology platform, bringing the power of data and AI to empower physicians to identify and manage chronic diseases earlier. I’m incredibly proud of our achievements, this inflection point and the Clover team.
Clover Health reposted this
Clover Health CEO Andrew Toy diverged from the traditional insurance opinion on Tuesday, choosing to defend the CMS rate notice that solidified a cut of 0.16% for MA benchmark payments