In the News
True Health New Mexico & Bright HealthCare Finalize Agreement
True Health to Continue Managing Local Operations
Partnership will Expand Access to Bright HealthCare’s Innovative Care Delivery Model
- Joanie Griffin – (505) 261-4444, firstname.lastname@example.org
- Lydia Ashanin – (505) 554-7787, email@example.com
- Kris Patrow – Bright Health Group, firstname.lastname@example.org
ALBUQUERQUE, April 1, 2021 – True Health New Mexico, one of the state’s leading health insurance providers for individuals, employer groups and federal employees, announced that it was acquired by Bright HealthCare.
“This is a big moment for New Mexicans,” said Dr. Mark Epstein, True Health New Mexico President and CEO. “Combined with Bright HealthCare, we accelerate our path of bringing innovative and high-touch coverage and care to New Mexicans.”
True Health New Mexico members, providers, and brokers should experience no changes in the day-to-day operations of the healthcare plan. The employees and leadership will continue to lead local market operations, ensuring continuity for members, providers and distribution partners.
“This is the perfect time for this partnership. By bringing our organizations together, we combine True Health New Mexico’s local expertise and member-centric care management – with Bright HealthCare’s aligned, innovative care delivery model and service-based approach to healthcare,” said Simeon Schindelman, CEO of Bright HealthCare. “We are excited for the future, and we look forward to serving more New Mexicans with an aligned care model that fosters loyal, long-term, two-way relationships between patients and their providers, resulting in better, more personalized care.”
“As part of Bright HealthCare, we hope to continue True Health New Mexico’s growth and success in both the individual and employer group health insurance markets,” Dr. Epstein added. “We will enhance even further our differentiated coverage and care for our members.”
About True Health New Mexico
True Health New Mexico is a physician-led health insurance company committed to keeping New Mexicans healthy. True Health New Mexico is available through the commercial market for employer-sponsored health coverage and is dedicated to lowering premium costs, delivering appropriate levels of care, and providing community-based case management to ensure members are well cared-for. For more information on True Health New Mexico, go to truehealthnewmexico.com.
About Bright Health Group
Bright Health Group is building the national, integrated healthcare system of the future by integrating financing, care delivery services, and technology to create a better healthcare experience for physicians and consumers. As a national high-growth integrated healthcare platform, we offer diversified health products and managed care services to over 500,000 consumers in 13 states and more than 50 markets. By aligning with our Care Partners, we provide consumers access to personalized care teams tailored to their individual needs. We deliver high-quality virtual and in-person clinical care to over 220,000 patients through our approximately 40 managed and affiliated risk-bearing primary care clinics. We give providers the tools they need to optimize their practices and deliver valued-based care to the patients they serve. Driving it all is our person-centric, intelligent technology platform that connects consumers, payers, and providers with the common purpose of lowering healthcare costs while improving outcomes, experience, and access. We are making healthcare right. Together. Learn more at www.brighthealthgroup.com.