Centivo
- Total Funding$70.4 M
OverviewSuggest Edit
Centivo is a new type of self-funded health plan built specifically for employers and their employees and families. The Company offers solutions to help self-insured employers and their employees for specialty care.
The Centivo model acts as a catalyst to enhance healthcare purchasing and delivery through: a primary care-centered network focused on outcomes; a dynamic design that rewards members for high-value care and adherence; and a digital technology platform and concierge support that enables optimal care and an exceptional experience. Also it serves as a health plan or third-party administrator (TPA) for employers and partners closely with local health plans and TPAs to enhance their offerings.
| Type | Private | |
| Founded | 2017 | |
| HQ | New York, NY, US | Map |
| Website | centivo.com | |
| Employee Ratings |
Recent NewsAll News
- Nearly 75% of employees will swap health insurance plan features for significant savings, Centivo survey reveals
- Centivo launches integrated virtual advanced primary care offering
- Centivo Expands Health Partnerships in New York and New Jersey
- Centivo Raises $34 Million in Series B Round to Help Employers Deliver Affordable Healthcare to their Employees
Key People/Management at Centivo
Ashok Subramanian
Chief Executive Officer and Founder
Elle Koagedal
Vice President of Client Success
Tahasin Alam
Chief Technology Officer and Co-Founder
Stephanie Argentine
Chief People Officer
Ruth Berkowitz
Product and Marketing Lead and Co-Founder
Alan Cohen
Chief Product Officer and Co-Founder
Centivo Office Locations
Centivo has an office in New York
New York, NY, US (HQ)
335 Madison Ave
Centivo Financials and Metrics
Summary Metrics
Founding Date | 2017 |
Centivo total Funding | $70.4 m |
Centivo latest funding size | $34 m |
Time since last funding | a year ago |
Centivo investors | Bessemer Venture Partners, Bain Capital Ventures, Ingleside Investors, Rand Capital, HarbourVest Partners, Kevin Hill, F-Prime Capital Partners, Grand Central Tech, B Capital Group, Oxeon Partners, Maverick Ventures, F-Prime Capital, Kenneth Goulet, Company Ventures, Define Ventures, Nassau Street Ventures, AVG fund |
Centivo's latest funding round in December 2020 was reported to be $34 m. In total, Centivo has raised $70.4 m
Centivo Cybersecurity Score
Centivo Online and Social Media Presence
Centivo's Trends
Centivo News and Updates
March 16, 2022
Nearly 75% of employees will swap health insurance plan features for significant savings, Centivo survey reveals
BUFFALO, N.Y. , March 16, 2022 /PRNewswire/ -- A recent Centivo survey of employees with employer-sponsored health insurance demonstrated just how willing employees are to modify core plan features if these "tradeoffs" translate into better healthcare affordability. In fact, nearly three...
November 08, 2021
Centivo launches integrated virtual advanced primary care offering
WASHINGTON, Nov. 8, 2021 /PRNewswire/ -- Centivo, a new type of health plan for self-funded employers anchored around leading providers of value-based care, announced today from the National Alliance of Healthcare Purchaser Coalitions ("National Alliance") Annual Forum in Washington D.C....
January 12, 2021
Centivo Expands Health Partnerships in New York and New Jersey
NEW YORK, Jan. 12, 2021 /PRNewswire/ -- Centivo, a new type of health plan solution that's built to save 15% or more compared to traditional insurance carriers, announced today that it has expanded its provider networks in New York and New Jersey. The new health systems in the network...
December 07, 2020
Centivo Raises $34 Million in Series B Round to Help Employers Deliver Affordable Healthcare to their Employees
Centivo, a new type of digital health plan that is built to save 15% or more compared with traditional insurance carriers, announced today that it has raised $34 million in Series B funding
Centivo Blogs
May 12, 2022
Health Plans Designed with DEI in Mind: 4 Strategies for Offering a More Inclusive Benefit
Laurel Pickering May 12, 2022 Racial and ethnic disparities continue to defy what we expect from our healthcare system. Black and American Indian/Alaska Native people live fewer years, on average, than white people – and are dying from treatable conditions. Minority communities are at a higher risk …
April 14, 2022
Medical debt reform is just one piece of a larger affordability puzzle
Ashok Subramanian April 14, 2022 By now I am sure you have seen the media coverage surrounding the White House initiative on medical debt reform, led by Vice President Kamala Harris. As with many executive branch initiatives, this program is really a call to several agencies and departments to act. …
March 29, 2022
Marc Backon joins Centivo as Chief Operating Officer
Buffalo, NY, March 29, 2022 – Centivo, a new type of health plan for self-funded employers anchored around leading providers of value-based care, announced today the addition of Marc Backon as the firm’s Chief Operating Officer (COO), a new position. As COO, Marc will have responsibility for commerc…
March 16, 2022
Survey puts an end to the ‘no-tradeoffs’ myth about employer-sponsored health plans
Alan Cohen March 16, 2022 If you are a health benefits broker, you’ve heard this argument from the human resources professionals you serve. Employees with employer-sponsored health plans, they say, refuse to consider any plan that limits their choices. That to even suggest – or ask for – plans that …
March 07, 2022
Data as currency in healthcare – there is a right and wrong way
Barbara Wachsman March 7, 2022 I am honored and excited to be the first ‘guest blogger’ for Centivo. As a longtime advisor to the senior leadership team at Centivo, I am energized by the mission and success of the company in restoring healthcare affordability and improving the delivery of healthcare…
February 08, 2022
Centivo survey reveals devastating toll of the healthcare affordability crisis on US workers
Buffalo, NY, February 8, 2022– A recent Centivo survey of employees with employer-sponsored health insurance revealed that the healthcare affordability crisis is having a detrimental impact on overall financial wellbeing and behaviors. In fact, nearly three in five (59%) survey respondents say they …
Centivo Frequently Asked Questions
When was Centivo founded?
Centivo was founded in 2017.
Who are Centivo key executives?
Centivo's key executives are Ashok Subramanian, Elle Koagedal and Tahasin Alam.
How many employees does Centivo have?
Centivo has 183 employees.
Who are Centivo competitors?
Competitors of Centivo include Artemis Health, Veta Health and Medical Departures.
Where is Centivo headquarters?
Centivo headquarters is located at 335 Madison Ave, New York.
Where are Centivo offices?
Centivo has an office in New York.
How many offices does Centivo have?
Centivo has 1 office.
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