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Bright Health

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uuid000a9jh

Namestring
Bright Health
Legal namestring
Bright Health Solutions Society
Websiteurl
brighthealth.ca
Company typeenum
Private
Founded yearint
2016
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersPrince George, Canada
HQ citystring
Prince George
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electronic medical records, healthcare software solutions, patient health records, clinical interoperability, team-based care tools
Industry4 codes
1Ambulatory & Physician Practice EHRs
CodeHLACAAABPrimaryYes
2Patient Engagement, Education & Messaging Platforms (portal/CRM integrated)
CodeHLALABAJPrimaryNo
3Virtual Visit & Scheduling Platforms (EHR-integrated)
CodeHLALABAAPrimaryNo
4Clinical Forms, Templates & Digital Consent (eSignature)
CodeHLACAAAJPrimaryNo
SIC code1 code
  • Services-Offices & Clinics Of Doctors Of Medicine8011
Product category
Healthcare Information Technology / Electronic Medical Records
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1EMR Software Subscriptions
TypeSubscription Recurring
Description

MOIS and Community MOIS EMR software provided to health authorities, Indigenous organizations, and healthcare providers. Revenue appears to come from software licensing/subscription arrangements with healthcare organizations.

brighthealth.ca
2myhealthkey Patient Portal
TypeSubscription Recurring
Description

Patient health record integration with optional myhealthkey PHR for online booking, results access, and secure messaging.

brighthealth.ca
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Pricing details1 tier
1Quote-based enterprise pricing
ModelSubscriptionBilling cadenceAnnual
Notes

No pricing tiers publicly listed. Demo booking form captures company size and product interest for tailored pricing discussions.

brighthealth.ca
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 3 records shown
1MOIS
Description

A flexible EMR (Electronic Medical Record) built by physicians for physicians, streamlining daily operations and supporting coded data for quality reporting.

brighthealth.ca
+2 more records
Core offering1 text field

Bright Health designs, builds, and supports the MOIS electronic medical record (EMR) platform and its variants (Community MOIS, MOIS Cloud) for healthcare providers, health authorities, and Indigenous organizations across British Columbia. The company also offers myhealthkey, a personal health record that connects patients with their care teams, and operates MOIS Exchange, a user community forum. Its offerings are deployed via cloud-based or on-premise models to streamline clinic operations, support provincial reporting, and enable secure EMR-to-EMR interoperability.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Reduces incoming calls and smooths scheduling for clinics using myhealthkey
+2 more records
Product overview1 text field

Bright Health offers a suite of interconnected healthcare technology products built around its core MOIS EMR platform. The portfolio includes MOIS (the core electronic medical record built by physicians for physicians), Community MOIS (a scaled version for health authorities, Indigenous partners, and team-based care), and myhealthkey (a patient-facing personal health record connecting patients with their care teams). MOIS Cloud provides cloud-based access to the EMR system. These products are designed to work together, with MOIS serving as the central record system and myhealthkey enabling patient engagement through integrated online booking, messaging, and access to health information.

Product and service4 records
1MOIS
CategoryElectronic Medical Record
Description

MOIS is a flexible electronic medical record (EMR) system built by physicians for physicians. It streamlines daily clinic operations including scheduling, billing (MSP, WCR, private), reminders, tasks, and messaging; supports coded data entry (SNOMED, ICD-10, DSM-5); and integrates with provincial systems and myhealthkey. It is targeted at independent clinics and group practices.

2Community MOIS
CategoryElectronic Medical Record
Description

Community MOIS is a scaled version of the MOIS EMR purpose-built for health authorities, Indigenous partners, and team-based care programs. It provides a single shared patient record across clinics, programs, and regions, supports provincial reporting, alternative funding models, and is proven to serve thousands of users across large health systems.

3myhealthkey
CategoryPatient Portal / Personal Health Record
Description

myhealthkey is a secure personal health record (PHR) that connects patients with their care teams. It offers patients online booking, secure messaging, and access to appointments, labs, imaging results, and parts of their health record. It is fully integrated with MOIS EMR and is targeted at clinics serving northern, Indigenous, and underserved communities.

4MOIS Cloud
CategoryEMR Deployment Platform
Description

MOIS Cloud provides cloud-based access to the MOIS EMR system through a web client, enabling users to launch and manage their MOIS account with remote support tools and account management features as an alternative to on-premise deployment.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeTechnology or Integration
Description

Interior Health partnered with Bright Health in developing CDX (Clinical Document Exchange), enabling secure EMR-to-EMR referrals and consults. This positions Bright Health among the first EMRs to conform to CDX standards.

Strategic tierCoreTypeTechnology or Integration
Description

Northern Health partnered with Bright Health in developing CDX (Clinical Document Exchange), enabling secure EMR-to-EMR referrals and consults across northern BC healthcare providers.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Bright Health co-designs its EMR solutions with BC health authorities, Indigenous partners, and local providers. Community MOIS is built alongside health authorities to support regional care delivery.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Indigenous partners collaborate with Bright Health on culturally safe, team-based care tools. Products are co-designed with Indigenous organizations across BC for community-driven healthcare delivery.

5Real-Time Virtual Support (RTVS)
Strategic tierNotableTypeStrategic or Co-development Partner
Description

MOIS EMR powers Real-Time Virtual Support program, connecting rural and northern providers with specialist advice at the point of care across BC.

brighthealth.ca
Strategic tierNotableTypeStrategic or Co-development Partner
Description

MOIS EMR supports HealthLink BC Virtual Physician Service, enabling virtual physician access for patients across the province.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Operates PS Suite, Med Access, and Kinlogix EMRs — the dominant commercial EMR vendor in Canada serving physician practices and increasingly health authorities. Directly competes with Bright Health's MOIS for the same clinic and primary-care buyer in BC and across provinces.

TypeDirect peer
Description

Accuro is one of Canada's most widely deployed physician EMRs, owned by Loblaw/Shoppers Drug Mart since 2016. Competes head-to-head with MOIS for Canadian clinic and primary-care contracts, with significantly larger sales reach.

TypeDirect peer
Description

Open-source Canadian EMR widely used in Ontario family practices and academic clinics. Competes with MOIS on physician-built credibility and customization, and serves similar primary-care and community-clinic segments.

TypeBroad incumbent
Description

Canadian health-tech consolidator with a portfolio of EMR assets (including OSCAR Pro, Intrahealth) and a clinic network. Overlaps with Bright Health in physician EMR but operates at much larger scale with both commercial and government customers.

TypeDirect peer
Description

Canadian health-software company providing EMR-adjacent clinical decision support and workflow tools to primary care and health-system customers. Comparable in size, geography, and target buyer to Bright Health.

TypeRegional player
Description

Ontario-focused EMR vendor serving community and primary-care practices with a model similar in scale to Bright Health. Relevant peer given comparable product positioning, though geographically concentrated in Ontario.

TypeBroad incumbent
Description

Global enterprise EHR leader whose systems increasingly compete in large Canadian health-system procurements. Relevant as an incumbent threat rather than a direct SMB-clinic competitor, particularly for Community MOIS-style deployments.

TypeBroad incumbent
Description

Major multinational EHR vendor serving hospital and health-system buyers. Not a direct SMB competitor to MOIS, but increasingly relevant where BC health authorities procure enterprise-wide platforms.

TypeOthers
Description

BC-based quality-improvement data network that integrates with EMRs (including MOIS) to enable aggregate physician performance reporting. Ecosystem partner rather than competitor, but relevant adjacency given Bright Health's HDC integration.

TypeOthers
Description

Federally funded organization driving Canadian health-system interoperability standards that EMRs like MOIS must align with. Relevant as the upstream shaper of CDX-style interoperability requirements that influence Bright Health's product roadmap.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature7 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Bright Health

Healthcare Information Technology / Electronic Medical Recordsbrighthealth.ca

Bright Health firmographics

Firmographics
Name
Bright Health
Legal name
Bright Health Solutions Society
Website
https://brighthealth.ca
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Bright Health industry classification

Industry
Product category
Healthcare Information Technology / Electronic Medical Records
SIC
Services-Offices & Clinics Of Doctors Of Medicine (8011)
akta.pro primary industry
Ambulatory & Physician Practice EHRs (HLACAAAB)
akta.pro secondary industries
Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ), Virtual Visit & Scheduling Platforms (EHR-integrated) (HLALABAA), Clinical Forms, Templates & Digital Consent (eSignature) (HLACAAAJ)

Keywords

  • Electronic medical records
  • Healthcare software solutions
  • Patient health records
  • Clinical interoperability
  • Team-based care tools

Where Bright Health is headquartered

Location

Headquarters

HQ city
Prince George
HQ country
Canada
HQ region
North America

Offices2 records

Markets served

Bright Health business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. EMR Software Subscriptions: MOIS and Community MOIS EMR software provided to health authorities, Indigenous organizations, and healthcare providers. Revenue appears to come from software licensing/subscription arrangements with healthcare organizations.
  2. myhealthkey Patient Portal: Patient health record integration with optional myhealthkey PHR for online booking, results access, and secure messaging.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualQuote-based enterprise pricing

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Bright Health product offering

Product offering

Core offering

Bright Health designs, builds, and supports the MOIS electronic medical record (EMR) platform and its variants (Community MOIS, MOIS Cloud) for healthcare providers, health authorities, and Indigenous organizations across British Columbia. The company also offers myhealthkey, a personal health record that connects patients with their care teams, and operates MOIS Exchange, a user community forum. Its offerings are deployed via cloud-based or on-premise models to streamline clinic operations, support provincial reporting, and enable secure EMR-to-EMR interoperability.

Product overview

Bright Health offers a suite of interconnected healthcare technology products built around its core MOIS EMR platform. The portfolio includes MOIS (the core electronic medical record built by physicians for physicians), Community MOIS (a scaled version for health authorities, Indigenous partners, and team-based care), and myhealthkey (a patient-facing personal health record connecting patients with their care teams). MOIS Cloud provides cloud-based access to the EMR system. These products are designed to work together, with MOIS serving as the central record system and myhealthkey enabling patient engagement through integrated online booking, messaging, and access to health information.

Differentiator

Problem solved

Functional benefit

Brands

  • MOIS: A flexible EMR (Electronic Medical Record) built by physicians for physicians, streamlining daily operations and supporting coded data for quality reporting.
  • Community MOIS
  • myhealthkey

Products and services

  • MOIS MOIS is a flexible electronic medical record (EMR) system built by physicians for physicians. It streamlines daily clinic operations including scheduling, billing (MSP, WCR, private), reminders, tasks, and messaging; supports coded data entry (SNOMED, ICD-10, DSM-5); and integrates with provincial systems and myhealthkey. It is targeted at independent clinics and group practices.
  • Community MOIS Community MOIS is a scaled version of the MOIS EMR purpose-built for health authorities, Indigenous partners, and team-based care programs. It provides a single shared patient record across clinics, programs, and regions, supports provincial reporting, alternative funding models, and is proven to serve thousands of users across large health systems.
  • myhealthkey myhealthkey is a secure personal health record (PHR) that connects patients with their care teams. It offers patients online booking, secure messaging, and access to appointments, labs, imaging results, and parts of their health record. It is fully integrated with MOIS EMR and is targeted at clinics serving northern, Indigenous, and underserved communities.
  • MOIS Cloud MOIS Cloud provides cloud-based access to the MOIS EMR system through a web client, enabling users to launch and manage their MOIS account with remote support tools and account management features as an alternative to on-premise deployment.

Quantifiable outcome

  • Reduces incoming calls and smooths scheduling for clinics using myhealthkey
  • +2 more outcomes

Companies that use Bright Health

Customer profile

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Bright Health technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature7 records

Bright Health partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core and notable.

  • Interior HealthcoreTechnology or IntegrationInterior Health partnered with Bright Health in developing CDX (Clinical Document Exchange), enabling secure EMR-to-EMR referrals and consults. This positions Bright Health among the first EMRs to conform to CDX standards.
  • Northern HealthcoreTechnology or IntegrationNorthern Health partnered with Bright Health in developing CDX (Clinical Document Exchange), enabling secure EMR-to-EMR referrals and consults across northern BC healthcare providers.
  • BC Health AuthoritiescoreStrategic or Co-development PartnerBright Health co-designs its EMR solutions with BC health authorities, Indigenous partners, and local providers. Community MOIS is built alongside health authorities to support regional care delivery.
  • Indigenous OrganizationscoreStrategic or Co-development PartnerIndigenous partners collaborate with Bright Health on culturally safe, team-based care tools. Products are co-designed with Indigenous organizations across BC for community-driven healthcare delivery.
  • Real-Time Virtual Support (RTVS)notableStrategic or Co-development PartnerMOIS EMR powers Real-Time Virtual Support program, connecting rural and northern providers with specialist advice at the point of care across BC.
  • HealthLink BCnotableStrategic or Co-development PartnerMOIS EMR supports HealthLink BC Virtual Physician Service, enabling virtual physician access for patients across the province.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Bright Health competitors and assessment

Company assessment

Direct peers

  • TELUS Health: Operates PS Suite, Med Access, and Kinlogix EMRs — the dominant commercial EMR vendor in Canada serving physician practices and increasingly health authorities. Directly competes with Bright Health's MOIS for the same clinic and primary-care buyer in BC and across provinces.
  • QHR Technologies (Accuro): Accuro is one of Canada's most widely deployed physician EMRs, owned by Loblaw/Shoppers Drug Mart since 2016. Competes head-to-head with MOIS for Canadian clinic and primary-care contracts, with significantly larger sales reach.
  • OSCAR McMaster: Open-source Canadian EMR widely used in Ontario family practices and academic clinics. Competes with MOIS on physician-built credibility and customization, and serves similar primary-care and community-clinic segments.
  • Think Research: Canadian health-software company providing EMR-adjacent clinical decision support and workflow tools to primary care and health-system customers. Comparable in size, geography, and target buyer to Bright Health.

Broad incumbents

  • WELL Health Technologies: Canadian health-tech consolidator with a portfolio of EMR assets (including OSCAR Pro, Intrahealth) and a clinic network. Overlaps with Bright Health in physician EMR but operates at much larger scale with both commercial and government customers.
  • Epic Systems: Global enterprise EHR leader whose systems increasingly compete in large Canadian health-system procurements. Relevant as an incumbent threat rather than a direct SMB-clinic competitor, particularly for Community MOIS-style deployments.
  • Oracle Health (formerly Cerner): Major multinational EHR vendor serving hospital and health-system buyers. Not a direct SMB competitor to MOIS, but increasingly relevant where BC health authorities procure enterprise-wide platforms.

Regional players

  • Indivica: Ontario-focused EMR vendor serving community and primary-care practices with a model similar in scale to Bright Health. Relevant peer given comparable product positioning, though geographically concentrated in Ontario.

Others

  • Health Data Coalition (HDC): BC-based quality-improvement data network that integrates with EMRs (including MOIS) to enable aggregate physician performance reporting. Ecosystem partner rather than competitor, but relevant adjacency given Bright Health's HDC integration.
  • Canada Health Infoway: Federally funded organization driving Canadian health-system interoperability standards that EMRs like MOIS must align with. Relevant as the upstream shaper of CDX-style interoperability requirements that influence Bright Health's product roadmap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Bright Health social profiles

Digital presence

Bright Health financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Bright Health leadership team

Management profile

Number of profiles

Profiles1 record

Bright Health funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Bright Health M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bright Health

What does Bright Health do?

Bright Health designs, builds, and supports the MOIS electronic medical record (EMR) platform and its variants (Community MOIS, MOIS Cloud) for healthcare providers, health authorities, and Indigenous organizations across British Columbia. The company also offers myhealthkey, a personal health record that connects patients with their care teams, and operates MOIS Exchange, a user community forum. Its offerings are deployed via cloud-based or on-premise models to streamline clinic operations, support provincial reporting, and enable secure EMR-to-EMR interoperability.

Is Bright Health a public or private company?

Bright Health is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Bright Health founded?

Bright Health was founded in 2016. It employs 11 to 50 people.

Where is Bright Health based?

Bright Health is headquartered in Prince George, Canada, in the North America region.

How does Bright Health make money?

Two revenue lines are on record. EMR Software Subscriptions are the primary driver. The others are myhealthkey Patient Portal.

Who are Bright Health's main competitors?

Direct peers on record are TELUS Health, QHR Technologies (Accuro), OSCAR McMaster and Think Research. Broad incumbents are WELL Health Technologies, Epic Systems and Oracle Health (formerly Cerner). Indivica is listed as a regional player. Others are Health Data Coalition (HDC) and Canada Health Infoway.

Does Bright Health have an API?

No public API is recorded for Bright Health.

What industry is Bright Health in?

Bright Health's product category is Healthcare Information Technology / Electronic Medical Records. Its primary akta.pro industry code is HLACAAAB, Ambulatory & Physician Practice EHRs, with a secondary code of HLALABAJ, Patient Engagement, Education & Messaging Platforms (portal/CRM integrated). Its SIC code is 8011.

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Live signals
Business Wire BlogBright Health Group Secures Financing to Support Operations Pending the Expected Close of California Medicare Advantage Business SaleBright Health Group secured a $60 million credit facility from New Enterprise Associates (NEA) and obtained a permanent waiver of default on its existing credit facility to support working capital needs. This financing is intended to sustain operations while awaiting the closing of the sale of its California Medicare Advantage business to Molina Healthcare. The company also issued penny warrants to lenders without immediate shareholder approval, a move sanctioned by the NYSE to avoid jeopardizing financial viability.PR NewswireBHG LAWSUIT ALERT: Levi & Korsinsky Notifies Bright Health Group, Inc. Investors of a Class Action Lawsuit and Upcoming DeadlineLevi & Korsinsky, LLP notified investors of a class action securities lawsuit against Bright Health Group, Inc., alleging the company overstated its financial prospects and failed to disclose negative impacts from COVID-19 costs and premium revenue declines. The complaint covers securities purchased between June 24, 2021, and November 10, 2021, with a deadline of March 7, 2022, for investors to request appointment as lead plaintiff.MediumBull or Bear: A Review of the Bright Health S-1Minneapolis-based Bright Health Group filed its S-1 in May 2021 announcing plans for an IPO, with reports suggesting a valuation of $10-20 billion and a potential $1 billion raise. The company currently serves 623,000 insurance members across 14 states through its Bright HealthCare insurance segment and is introducing NeueHealth, a provider enablement platform representing only 3% of revenue but positioned as a strategic growth driver. The analysis highlights Bright's strategy of following UnitedHealth Group's playbook through acquisitions of Medicare Advantage plans and primary care groups, while also noting significant challenges including mounting losses ($249 million in 2020), high MCR trends, and intense competition from both established insurers and fellow insurtech startups.VC News DailyBright Health Scoops Up $500M Series EBright Health announced a $500 million Series E funding round, aimed at scaling its diversified and digitally integrated health care offerings. The funding was supported by significant investments from Tiger Global Management, T. Rowe Price Associates, and Blackstone, alongside existing investors like NEA and Bessemer Venture Partners. With over $1.5 billion raised since 2016, Bright Health aims to enhance its operations in 43 markets across 13 states.PR NewswireBright Health Completes Acquisition of Brand New Day Health Plan Bringing its Groundbreaking Model to California SeniorsBright Health has completed the acquisition of California-based Universal Care Inc., operating as Brand New Day, bringing its healthcare model to senior citizens in the state. The transaction, which received regulatory approval on April 22 and closed on April 30, integrates Brand New Day's local expertise and clinical programs with Bright Health's technology platform. Current leadership from Brand New Day will continue to lead local operations while maintaining existing member benefits.PR NewswireBright Health Brings Its Innovative Model to North Carolina in Collaboration with Novant Health in 2020Bright Health will begin offering individual and family health plans in Charlotte and Winston-Salem, North Carolina, starting in 2020 through a partnership with Novant Health. The plans aim to provide affordable healthcare options and have received regulatory approval, allowing them to participate in the upcoming open enrollment period. Bright Health's model focuses on improving health outcomes through coordinated care and access to Novant Health's extensive network of hospitals and physicians.PR NewswireBright Health brings its groundbreaking Health Plan Care Partner Model to 13 new markets for 2020Bright Health announced the expansion of its Health Plan Care Partner Model to 13 new markets across seven states for 2020, increasing its product offerings by nearly 300% compared to 2019. This growth brings the company's total footprint to 22 markets in 12 states, supported by $440 million in total funding raised through a recent Series C round.PR NewswireBright Health Earns Prestigious URAC Accreditation for Health Plan with Health Insurance MarketplaceBright Health received the URAC 'Health Plan with Health Insurance Marketplace (HIM) 7.3' Accreditation on August 28, 2018, demonstrating compliance with rigorous quality standards for its insurance operations. This accreditation validates the company's ability to adhere to Affordable Care Act mandates and compete in nationwide marketplaces. The status is effective from August 1, 2018, through August 1, 2021.VC News DailyBright Health Lands $160M Series B RoundBright Health announced it has raised $160 million in a Series B funding round led by Greenspring Associates and joined by new and existing investors. The funds will be used to support Bright Health's mission to transform the healthcare system and its Care Partnership model. The company's growth plans include entering additional markets and offering Medicare Advantage Plans.