Echo Health Ventures is establishing a local presence in Tennessee led by Echo Health Advisors principal Hayley Hovious, who joined the company in March following seven years as president of the Nashville Health Care Council, The Nashville Ledger reports.
Echo CEO Rob Coppedge, a Tennessee native, says the Nashville presence is a major milestone toward the company’s mission to drive innovation to improve health outcomes, leading the way toward better health for the communities served by four Blues health plans that form the Echo Innovation Alliance.
The alliance includes Cambia Health Solutions and Mosaic Health Solutions, which partnered to create Echo Health Ventures in 2016; USAble Corporation, a wholly owned subsidiary of Arkansas Blue Cross and Blue Shield, which joined the alliance in 2021; and BlueCross BlueShield of Tennessee, which became an alliance member earlier this year. Collectively, the four enterprises cover more than 10 million members and diverse geographies in seven states.
There are more than 25 firms in Echo’s growing portfolio of health care technology and services companies, including a recent investment in Nashville-based Embold Health, a physician-led health care analytics company. Read more.
Echo continues to be a sought-after strategic investor because of its platform and engagement model.
With the addition of its Tennessee location, Echo now operates in six states including Oregon, North Carolina, Arkansas, Washington and Massachusetts.
