Stella Backs Georgia Digital Health Care Startup Fusionetics

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“MILTON, Ga. and EAGAN, Minn., Aug. 10, 2018 /PRNewswire/ — Fusionetics, a leader in sports medicine and musculoskeletal performance health care, announced a capital investment by Stella Development, a division of the same parent company (Stella) as Blue Cross and Blue Shield of Minnesota. Fusionetics will use the capital primarily to fuel growth of its Fusionetics system in the health care sector.”

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Stella Stakes Into NLP HealthTech Firm Talix

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“EAGAN, Minn., May 24, 2018 /PRNewswire/ — Stella today announced that its business development group has acquired a minority ownership stake in Talix, Inc., the premier provider of natural language processing (NLP)-enabled healthcare risk adjustment and quality analytics solutions for payers and providers.”

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Blue Cross Inks Exclusive Deal With Digital Health & Wellness Firm Sharecare

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“EAGAN, Minn., May 14, 2018 /PRNewswire-USNewswire/ — Blue Cross and Blue Shield of Minnesota (Blue Cross) today announced that it is partnering with Sharecare, the digital health company that helps people manage all their health in one place, to offer its popular and groundbreaking personalized health platform to Blue Cross commercial customer groups and members starting in 2019.

This agreement will provide exclusivity to Blue Cross as the only Minnesota-based plan to offer the Sharecare platform.”

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Q&A With Tom Vanderheyden Of Stella /BCBSMN On Investing In HealthTech Startups

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Tom Vanderheyden, President of Diversified Business, Stella/Blue Cross and Blue Shield of Minnesota (BCBSMN)

Tom Vanderheyden oversees all strategies for expanding diversified businesses investments, bringing new health care products and solutions to market, and commercializing existing products and services. The organizations has previously backed SelectAccount (now known as Further), RetraceHealth, Livio Health Group, and Learn To Live. We connected with him to learn more…

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The Aging Startup Challenge Will Give $25k To The Winning Venture

Stella (Blue Cross and Blue Shield of Minnesota) and Aging 2.0 Minneapolis are teaming up to get with the healthtech industry through The Aging Startup Challenge.

“The Aging Startup Challenge is looking for applicants who are developing interesting solutions, products, or services for the aging population and ecosystem,” explains the basis for the competitive event with a $25,000 no-strings-attached purse for the winner.

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Blue Cross Has A New Head Of HealthIT Investments

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Screen Shot 2017-02-06 at 12.17.27 PMVia News Release

“EAGAN, Minn., Feb. 6, 2017 /PRNewswire-USNewswire/ — Blue Cross and Blue Shield of Minnesota (Blue Cross) today announced that Tom Vanderheyden has joined the organization’s senior leadership team as president of diversified business. In this new position, Vanderheyden oversees all strategies for expanding diversified businesses investments, bringing new health care products and solutions to market, and commercializing existing products and services.”

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Blue Cross Creates ‘Stella’ For Healthtech Investments

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By Christopher Snowbeck, Star Tribune

“The parent company of Eagan-based Blue Cross and Blue Shield of Minnesota is creating a new health brand for its investments in strategic partnerships and new business ventures. Called Stella, the business will manage the company’s current investments in start-ups such as RetraceHealth and Treehouse Health, plus new investments.”

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BCBS of MN Adds Another Local Healthcare Startup To The Porfolio

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Screen Shot 2016-06-22 at 9.30.49 AM“ST. PAUL, Minn., June 22, 2016 — Livio Health Group, a startup company that provides mobile, on-site urgent and primary care to facilities and residences, announced today that it closed an early-stage funding round with Blue Cross and Blue Shield of Minnesota (Blue Cross).”

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Updated: RetraceHealth Pulls More Investment & Stacks The Deck

RetraceHealth[Updated 1/25/16 8:30 CDT – disclosed investors include: Blue Cross and Blue Shield of Minnesota (Blue Cross), HealthEast Care System (Minnesota), and McKesson Ventures.]

Minneapolis startup RetraceHealth has raised another $500k equity to wrap up a $1m fundraising round that commenced earlier this year.

Founded in 2013 by Thompsom Aderinkomi, RetraceHealth combines video telemedicine with face to face house calls for a blended delivery model. This approach is designed to lower time and cost associated with the traditional physician-patient process.

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