Humana Invests in Livongo to Transform Diabetes Management
10 May 2016 - 9:30PM
Business Wire
Consumer-focused technology and personalized
coaching make it easier to live with chronic conditions
Humana Inc. (NYSE: HUM), a leading health and well-being
company, and Livongo Health, the leading consumer digital health
company focused on chronic conditions, announced today that Humana
has made a strategic equity investment to support Livongo’s growth
and to accelerate the launch of new products and services.
“Our industry’s continued shift to value-based care provides
impetus for everyone to work together to reinvent healthcare, and
our partnership with Livongo Health is a direct example of how
collaboration between companies can work to move the needle,” said
Sarah Ahmad, Vice President and Head of Innovation’s consumer
health solutions at Humana.
“We’re proud to be a strategic investor in Livongo to support
their continued efforts,” said Busy Burr, Vice President of
Innovation and Head of Humana Health Ventures. “We look forward to
together making living with chronic conditions easier for everyone,
beginning with our members with diabetes.”
In the first phase of their partnership, Humana has made
Livongo available to a select group of its members with successful
results—delivering access to integrated diabetes management that
combines consumer-focused technology with personalized
coaching.
“Diabetes is one of the fastest growing and most expensive
chronic conditions in the world, and our two organizations want to
make it easier for people to stay healthy. We empower individuals
to take charge of their own health,” said Glen Tullman, Chief
Executive Officer at Livongo Health. “By combining the capabilities
of large enterprises like Humana with nimble start-ups like Livongo
Health, we’re able to create high-tech, high-touch solutions that
will better support individuals while leveraging and learning from
Humana’s research and benefiting from their distribution to
transform our healthcare system.”
In 2014, Livongo Health set out to reinvent care management and
empower people living with diabetes by combining technology and
coaching in a streamlined, consumer-directed experience. The result
was its robust program featuring a cellular, two-way interactive
glucose meter that transmits data and messaging real-time, a smart
cloud that provides personalized analytics and insights, and a
human touch from certified diabetes educators linked to the
patient’s care team including family, friends and medical
professionals.
Humana’s strategic investment completes Livongo’s $49.5 million
Series C financing round.
About Humana
Humana Inc., headquartered in Louisville, Ky., is a leading
health and well-being company focused on making it easy for people
to achieve their best health with clinical excellence through
coordinated care. The company’s strategy integrates care delivery,
the member experience, and clinical and consumer insights to
encourage engagement, behavior change, proactive clinical outreach
and wellness for the millions of people we serve across the
country. For more information visit www.humana.com.
About Livongo Health
Livongo is the leading consumer digital health company that
empowers people with chronic conditions to live a better life.
Livongo has developed a completely new approach for diabetes
management that combines the latest technology with coaching. For
more information visit: www.livongo.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160510005533/en/
For Livongo HealthErica Freckelton,
615-760-1106ef@thinkrevivehealth.comorHumana Inc.Alan Player,
502-580-3031aplayer@humana.com
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