Bright Health Group closed its offering of Series B convertible perpetual preferred stock. A total of 175,000 shares were sold for aggregate proceeds of $175 million.
Bright Health Group is a technology enabled, value-based healthcare company that organizes and operates networks of affiliate care providers in managing population risk. The company’s focus is on serving aging and underserved consumers that have unmet clinical needs through its Fully Aligned Care Model in Florida, Texas and California, some of the largest markets in healthcare where 26% of the U.S. aging population call home. Read more.
