Here are four highlights:
1. In July, the company raised $4 million.
2. Picwell provides clients its plan decision support products via collaborations with retail pharmacies, payers, self-insured employers, exchanges and brokers.
3. The company utilizes predictive analytics for individuals choosing a health plan to develop options based on answers to questions on projected costs, risk tolerance, lifestyle preferences and behavioral patterns.
4. Picwell’s investors include MassMutual Ventures and Osage University Partners. Other investors include Trevor Fetter, chairman and CEO of Tenet Healthcare; Paul Kusserow, CEO of Amedisys; and Bruce Perkins, Humana’s former president of health and well-being services.
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