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BHG

Bright Health Group Inc

Employees

1,032

Industry

Direct Life Insurance Carriers

bright health delivers a smarter, more connected healthcare experience. the company’s affordable health insurance plans, exclusive partnerships with leading health systems, and simple, friendly approach to technology are reshaping how people and physicians achieve better health together. today, bright health provides health insurance to individuals in colorado and will be expanding to other geographies and product offerings in 2018. we are united by a common vision: to deliver the best healthcare experience by putting brilliant minds, empathetic hearts and personalized technology to work to create meaningful relationships between our members and care partners. our mission: making healthcare right. together.

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Bright Health Group, Inc. has rebranded to NeueHealth and will trade under the new ticker symbol 'NEUE' on the NYSE starting January 29, 2024. The company focuses on value-driven, consumer-centric healthcare through its NeueHealth business, serving over 500,000 health consumers and partnering with 3,000 providers. NeueHealth includes NeueCare and NeueSolutions segments, aiming to enhance care coordination and maximize value. The corporate headquarters will move from Minneapolis to Doral, Florida, leveraging its strong presence in the state through various clinics.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 9:18 pm

RxSight, Inc. (RXST) shares surged by 20% after providing FY23 and FY24 revenue guidance above estimates and following a price target increase by Needham. Other stocks experienced significant movement, with Harpoon Therapeutics, Inc. (HARP) and Ambrx Biopharma Inc. (AMAM) seeing major gains due to acquisition announcements. Conversely, LumiraDx Limited (LMDX) and Solo Brands, Inc. (DTC) faced steep declines, with LumiraDx facing Nasdaq suspension and Solo Brands lowering its full year 2023 revenue guidance.

Portfolio Pulse from Avi Kapoor

January 08, 2024 | 6:36 pm

In Thursday's intraday session, several healthcare stocks experienced significant movements. Omega Therapeutics (OMGA) saw a 99.6% increase, while Avenue Therapeutics (ATXI) rose by 56.08%. Dyne Therapeutics (DYN) and Adicet Bio (ACET) also saw substantial gains. Conversely, SELLAS Life Sciences (SLS) and Relmada Therapeutics (RLMD) faced sharp declines, along with LifeMD (LFMD) and OPKO Health (OPK).

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 5:31 pm

Bright Health Group has completed the sale of its California Medicare Advantage business to Molina Healthcare. This move is part of Bright Health's strategic shift to focus on its core markets and products. The company also reaffirmed its expectation to achieve adjusted EBITDA profitability by 2024.

Portfolio Pulse from Benzinga Newsdesk

January 02, 2024 | 9:36 pm

Bright Health Group announced an amendment to its credit facility and the upcoming closure of the sale of its California Medicare Advantage business, which is expected to strengthen its capital position.

Portfolio Pulse from Benzinga Newsdesk

December 29, 2023 | 11:49 am

In Wednesday's intraday session, insurance stocks saw movement with SelectQuote, Hippo Holdings, GoHealth, BRP Group, Conifer Holdings, and eHealth experiencing gains, while Reliance Global Group, Bright Health Group, Aon, FG Financial Group, and Fanhua saw declines. The movements were reported with respective changes in stock prices and trading volumes, which were at 0% of their average full-day volumes over the last 100 days.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 5:40 pm

Financial stocks are trading lower due to overall market weakness and comments from New York Fed President Williams indicating that the central bank is not considering rate cuts at the moment.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 8:22 pm

In Wednesday's intraday session, insurance stocks saw movement with Oxbridge Re Holdings (OXBR), Trupanion (TRUP), Brighthouse Finl (BHFAN), Bright Health Gr (BHG), SelectQuote (SLQT), and Ryan Specialty Hldgs (RYAN) recording gains. Conversely, Conifer Holdings (CNFR), Marpai (MRAI), FG Finl Gr (FGFPP), Waterdrop (WDH), Heritage Insurance Hldgs (HRTG), and Lemonade (LMND) experienced losses. Notably, all stocks traded at volumes that were 0% of their average full-day volume over the last 100 days as of 12:40 EST.

Portfolio Pulse from Benzinga Insights

December 13, 2023 | 5:40 pm

Bright Health Group (BHG) has maintained its expectation for consolidated adjusted EBITDA profitability by 2023.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:51 am

Bright Health Group reported Q3 earnings per share (EPS) from continuing operations of $(72.52), a significant drop from $(20.41) last year. The company's sales of $269.40M also missed the estimated $284.41M.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 11:50 am

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