BLISCare
BLISCare is a US Managing General Underwriter that underwrites surgical complication protection for surgeons, patients, ambulatory surgical centers, and bundled payment programs, backed by Liberty Mutual's Ironshore and its own captive insurer.
- Company typePrivate
- Founded2005
- HeadquartersSandy, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What BLISCare does
BLISCare, operating under legal entity Leavitt Risk Partners, LLC, is a Managing General Underwriter (MGU) that underwrites and distributes surgical complication protection products in the United States. Founded in 2005 and headquartered in Sandy, Utah, the company provides coverage that financially shields surgeons, patients, and ambulatory surgical centers from the costs of unexpected perioperative and post-operative outcomes, including infections, bleeding, anesthesia complications, extended hospital stays, and revision surgeries. Its two core offerings are Unexpected Surgical Outcome Protection and Bundled Payment Programs, delivered through market-facing modules for surgeons, patients, and ASCs. The platform integrates with bundlers, convening organizations, and a patient financing network to embed coverage into cash-pay, insured, and value-based care arrangements.
The technology stack centers on an MGU insurance platform with CRM and insurance management system architecture that coordinates claims across surgeons, patients, and BLISCare's claims team, supported by a proprietary outcomes data repository built over nearly two decades of operations. Underwriting and risk capacity are provided by Ironshore (a division of Liberty Mutual) and Greenlight Re, with additional control via BLISCare's captive insurance subsidiary, LRP Insurance Company SPC, Ltd. The claims system has processed over $70 million in cumulative billings with an 18-day average turnaround from claim report to first payment, and the BLISCare methodology for risk identification and quantification has been refined for more than 15 years.
BLISCare makes money through episodic per-surgery premiums charged to surgeons and bundled payment programs priced against procedure type and coverage level selected. Distribution combines direct enterprise sales to surgical practices via a formal application process, channel partnerships with bundlers and self-insured employer programs, and a February 2025 strategic partnership with Credit Technologies (Finance Your Care) that automatically bundles BLISCare protection into cases financed through a network of 3,600+ lenders. The company is led by President/Interim CEO Suzanne Baeke, with Michael Leavitt as Chairman and Maia Jarvis as VP of Operations, following founder Regi Schindler's retirement in December 2022.
BLISCare firmographics
Firmographics- Name
- BLISCare
- Legal name
- Leavitt Risk Partners, LLC
- Website
- https://bliscare.com/
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BLISCare is a US Managing General Underwriter that underwrites surgical complication protection for surgeons, patients, ambulatory surgical centers, and bundled payment programs, backed by Liberty Mutual's Ironshore and its own captive insurer.
- Ownership category
- akta.pro rank
BLISCare industry classification
Industry- Product category
- Healthcare Risk Management and Surgical Complication Insurance
- NAICS
- Direct Health and Medical Insurance Carriers (524114), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292)
- SIC
- Insurance Agents, Brokers & Service (6411), Accident & Health Insurance (6321)
- akta.pro primary industry
- Group/Employer-Sponsored Critical Illness & Hospital Indemnity (FSAIAKAD)
- akta.pro secondary industries
- Ancillary & Supplemental Health Products (Accident/Critical Illness/Hospital Indemnity) (HLAEABAJ), Healthcare Professional Liability (Med Mal) (FSAJAGAE), Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD)
Keywords
Where BLISCare is headquartered
LocationHeadquarters
- HQ city
- Sandy
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BLISCare business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- Surgical Complication Insurance Premiums: BLISCare charges episodic premiums for each reported surgery. Premiums are determined based on type of surgery and coverage level selected. Surgeons hold the policy and can communicate pricing to patients. Coverage includes customizable limits, timeframes, and options for revisions, co-pays, and deductibles.
- Bundled Payment Program Coverage: Coverage integrated within bundled payment arrangements for surgeons and payers. Protects against costs of unforeseen perioperative and post-operative outcomes within fixed-price bundles. Tailored programs to meet unique price points and coverage requirements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Episodic per-surgery premiums with customizable coverage levels |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
BLISCare product offering
Product offeringCore offering
BLISCare provides surgical complication protection insurance that financially shields patients and surgeons from the costs of unexpected perioperative and post-operative outcomes, including infections, bleeding, anesthesia complications, extended hospital stays, follow-up surgeries, and revisions. The company also delivers risk protection layered into bundled payment programs for value-based care arrangements, distributed through an MGU platform backed by Ironshore/Liberty Mutual and Greenlight Re.
Product overview
BLISCare operates as a managing general underwriter (MGU) offering a unified surgical risk protection platform centered on two core products: Unexpected Surgical Outcome Protection and Bundled Payment Programs. These are delivered across three market-facing modules targeting Surgeons, Patients, and Ambulatory Surgical Centers (ASCs). The portfolio includes a financing partnership integration with Finance Your Care that embeds BLISCare coverage into qualifying financed cases. All products are backed by Ironshore/Liberty Mutual and Greenlight Re, with additional risk capacity provided through the captive insurance subsidiary LRP Insurance Company SPC, Ltd.
Differentiator
Problem solved
Functional benefit
Products and services
- Unexpected Surgical Outcome Protection Comprehensive surgical complication insurance that financially shields patients and surgeons from the costs of unexpected perioperative and post-operative outcomes, including infections, bleeding, anesthesia complications, extended hospital stays, follow-up surgeries, and revisions. Coverage starts at the first dollar with customizable limits, timeframes, and options for co-pays and deductibles. Issued through an MGU platform backed by Ironshore/Liberty Mutual and Greenlight Re, and supported by BLISCare's captive insurer LRP Insurance Company SPC, Ltd.
- Bundled Payment Programs Risk protection solution for surgeons, ASCs, and payers operating under bundled payment programs, covering the costs of unforeseen perioperative and post-operative outcomes within fixed-price bundles. Provides tailored programs that protect financial stability, strengthen provider relationships, and support value-based care economics.
Quantifiable outcome
- $70M+ in claims processed with 18-day average turnaround from claim report to first payment
- +1 more outcomes
Companies that use BLISCare
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
BLISCare technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
BLISCare partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Credit Technologies (Finance Your Care)majorStrategic partnership where all qualifying cases funded by Finance Your Care automatically include BLISCare protection. BLISCare introduces Finance Your Care financing to its provider network. This partnership improves patient access to care while providing critical protection for both patients and providers.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
BLISCare competitors and assessment
Company assessmentDirect peers
- Contessa Health (Amedisys): Bundled-payment and home recovery care company (now part of Amedisys) operating in surgical episode economics and risk management for payers and providers — directly comparable to BLISCare's bundled payment program on coverage of unforeseen perioperative and post-operative outcomes.
- The Doctors Company: Largest physician-owned medical malpractice insurer in the US, offering specialty liability products to surgeons and practices across multiple procedure types — the most direct incumbent analog to BLISCare's specialty surgical risk protection offering.
- Coverys: Medical professional liability insurer serving physicians, hospitals, and ASCs with specialty liability and risk management products that protect against surgical and clinical adverse outcomes — directly analogous to BLISCare's specialty risk-protection model for surgical providers.
- Carrum Health: Bundled-payment platform for surgical care that contracts with self-insured employers and centers of excellence — operates in the same value-based surgical episode economy where BLISCare underwrites the complication risk and shares the bundled-payment customer base.
- MedPro Group: Berkshire Hathaway-owned medical professional liability insurer providing specialty coverage to physicians, surgeons, and ASCs — operates the closest functional analog to BLISCare by underwriting surgical and procedural risk for providers.
- NORCAL Group (Coverys subsidiary): Medical professional liability insurer serving physicians and surgeons with claims, risk management, and underwriting expertise — directly comparable as a specialty medical liability carrier underwriting surgical risk for individual practitioners and groups.
Broad incumbents
- ProAssurance Corporation: Public specialty insurance holding company focused on medical professional liability and healthcare liability insurance for physicians, surgeons, and healthcare facilities — a broad incumbent in the same underwriting category as BLISCare's surgical risk products.
- Surgery Partners: Large ambulatory surgery center operator participating in bundled-payment and value-based arrangements — a critical BLISCare customer category and indirect competitor in defining how ASCs absorb surgical complication risk.
- US Anesthesia Partners: Anesthesia services provider for ASCs and surgical practices — shares BLISCare's specialty care delivery context and would compete or partner in defining how surgical episodes price in clinical complication risk.
Emerging players
- Centivo: Value-based health plan for self-funded employers that integrates with bundled surgical arrangements — adjacent emerging player in value-based surgical care economics where BLISCare underwrites the complication risk layer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
BLISCare social profiles
Digital presenceBLISCare financial estimates
Financial estimateRevenue estimate
Valuation estimate
BLISCare leadership team
Management profileNumber of profiles
Profiles3 records
BLISCare subsidiaries and ownership
Company hierarchySubsidiaries1 record
BLISCare funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BLISCare M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BLISCare
What does BLISCare do?
BLISCare provides surgical complication protection insurance that financially shields patients and surgeons from the costs of unexpected perioperative and post-operative outcomes, including infections, bleeding, anesthesia complications, extended hospital stays, follow-up surgeries, and revisions. The company also delivers risk protection layered into bundled payment programs for value-based care arrangements, distributed through an MGU platform backed by Ironshore/Liberty Mutual and Greenlight Re.
Is BLISCare a public or private company?
BLISCare is a private company. It is classified as corporate owned and is currently operating.
When was BLISCare founded?
BLISCare was founded in 2005. It employs 11 to 50 people.
Where is BLISCare based?
BLISCare is headquartered in Sandy, United States, in the North America region.
How does BLISCare make money?
Two revenue lines are on record. Surgical Complication Insurance Premiums are the primary driver. The others are bundled Payment Program Coverage.
Who are BLISCare's main competitors?
Direct peers on record are Contessa Health (Amedisys), The Doctors Company, Coverys, Carrum Health, MedPro Group and NORCAL Group (Coverys subsidiary). Broad incumbents are ProAssurance Corporation, Surgery Partners and US Anesthesia Partners. Centivo is listed as an emerging player.
Does BLISCare have an API?
No public API is recorded for BLISCare.
What industry is BLISCare in?
BLISCare's product category is Healthcare Risk Management and Surgical Complication Insurance. Its primary akta.pro industry code is FSAIAKAD, Group/Employer-Sponsored Critical Illness & Hospital Indemnity, with a secondary code of HLAEABAJ, Ancillary & Supplemental Health Products (Accident/Critical Illness/Hospital Indemnity). Its NAICS code is 524114 and its SIC code is 6411.