• Comment: Sources added since last decline do not demonstrate notability.
    Axios -- passing mention and WP:ROUTINE
    Hit Consultant -- Not WP:RS
    Forbes --Forbes contributor, not allowed per WP:FORBESCON
    Repeated declines demonstrate topic is not notable. M4V3R1CK32 (talk) 02:53, 3 November 2023 (UTC)
  • Comment: I am not seeing anything here telling me why this topic is notable. We are merely told what the company does and what the main stages in its history are. Is it just another relatively new little company? If so, why would we want an article on it? Now of course, if it had made big-time news for any reason, or if it were one of the world's biggest or most important providers of some service, or were otherwise unique, and if that information were written into the head of the article, preferably in the second sentence, then we would be talking.
    Also, although this article now has an impressive number of sources, I am not sure that any of them are really major news outlets, though it is difficult to see this, because the references are often incomplete - check out Wikipedia's referencing standards.
    Finally, I am slightly wary that the author of this piece seems to have come to Wikipedia to work on this one article only, which wouldn't be a deal-breaker in itself but does make me look extra hard for notability.
    Other minor points: if the company was founded in 2018, why does the history section start in 2020? And is it only a US company? It would be useful to tell us how big it is, how many employees or customers etc, to give a bit of context. Doric Loon (talk) 19:00, 31 July 2023 (UTC)
  • Comment: All sources are from the same website that talks about routine announcements/updates in the business sector. See WP:NCORP Karnataka (talk) 14:52, 12 June 2023 (UTC)

Transcarent
Type of business Private
Founded2020; 4 years ago (2020)[1]
Headquarters
Founder(s)Glen Tullman[2]
ChairmanKenneth Frazier[3]
Industry Digital Health
Employees348[4]
URLtranscarent.com

Transcarent is an American digital health company that provides services to self-insured employers. Transcarent serves over 3 million members in the US with clients such as Delta Air Lines[5], Albertsons Companies[6], and The Boeing Company[7]. Transcarent's product composes of an integrated mobile and web platform through which Members can access services such as telehealth, virtual physical therapy, specialist consults, surgery support, etc.[8][9]

History edit

On October 22, 2020, Transcarent announced a merger with BridgeHealth, which provides surgical advocacy and centers of excellence (COE) programs, as part of a $40 million Series A financing round.[10][11]

On March 18, 2021, Glen Tullman assumed the role of Chief Executive Officer in addition to his role as Executive Chairman of the Transcarent.[12]

On June 10, 2021, Transcarent rased $58 million in a Series B round led by General Catalyst and 7wireVentures. Additional investors participated including Merck Global Health Innovation Fund, Kleiner Perkins, Leaps by Bayer, GreatPoint Ventures, and Threshold Ventures.[8][13]

On January 11, 2022, Transcarent raised $200 million as part of a Series C round led by Kinnevik and Human Capital. Additional participation included Ally Bridge Group, Northwell Health, Intermountain Healthcare, Rush University Medical Center, and existing investors.[14][15][16][17]

On February 18, 2022, Transcarent announced an agreement with Chicago-based Rush University System for Health (RUSH) to provide RUSH employees and their family members with Transcarent services including Transcarent’s digital health care app, 24/7 Health Guides, and other tools and resources.[18][19][20]

On May 19, 2022, Transcarent launched its new behavioral health offering.[21][22][23]

On August 18, 2022, Transcarent launched a collaboration with Hospital for Special Surgery (HSS) to enable access to HSS's orthopedic and musculoskeletal specialists.[24][25][26]

On September 19, 2022 Transcarent launched a transparent pharmacy benefit offering.[27][28][29][30][31]

On November 3, 2022, Transcarent and Prescryptive Health announced a partnership to deliver pharmacy services.[32][33][34][35]

On January 12, 2023, Transcarent announced a new collaboration with The Clinic by Cleveland Clinic that enables Transcarent Members and their families to access The Clinic’s expert second opinions.[36][37][38][39]

On March 6, 2023, Transcarent announced the acquisition of the virtual care platform and care business of 98point6. The acquisition provides Transcarent with 98point6's AI-powered virtual care technology and an affiliated medical group.[40][41][42][43]

References edit

  1. ^ "Transcarent - Products, Competitors, Financials, Employees, Headquarters Locations". www.cbinsights.com.
  2. ^ Bill, Saporito. "Meet the Man on a Mission to Make Health Care Radically Transparent". Inc.
  3. ^ Erin, Brodwin. "Exclusive: Transcarent names ex-Merck CEO Ken Frazier board chair". Axios.
  4. ^ "Transcarent LinkedIn Page". LinkedIn. February 11, 2022. Retrieved August 2, 2023.
  5. ^ "Delta Benefits". Delta Air Lines. Retrieved August 2, 2023.
  6. ^ My ACI Benefits. "Transcarent Surgery Care". My ACI Benefits. Albertsons Companies. Retrieved August 2, 2023.
  7. ^ "Boeing Benefits". www.boeingbenefits.com. Boeing Company.
  8. ^ a b Landi, Heather. "Tullman's startup Transcarent scores $58M as it aims to overhaul employer-sponsored benefits space". Fierce Healthcare.
  9. ^ Morse, Susan. "Transcarent looks to overhaul self-insured market". Healthcare Finance.
  10. ^ Tepper, Nona. "BridgeHealth Nabs $40M in Series A Funds Through Healthtech Merger". Built In CO.
  11. ^ Raths, David (January 11, 2022). "Targeting Self-Insured Employers, Transcarent Raises $200M". www.hcinnovationgroup.com.
  12. ^ Loeb, Steven (June 11, 2021). "Transcarent raises $58M to put patients in control of their own health". Vator News. Retrieved August 2, 2023.
  13. ^ Pennic, Jasmine (June 10, 2021). "Transcarent Raises $58M for Consumer-Directed Care Platform for Self-Insured Employers". hitconsultant.net.
  14. ^ Knapp, Alex. "Digital Health Startup Transcarent Just Raised $200 Million To Grow Its Concierge Medical Business". Forbes.
  15. ^ Torrence, Rebecca. "Tullman's Transcarent confirms $1.62B valuation with $200M series C, looks to expand into in-home care". Fierce Healthcare.
  16. ^ Lovett, Laura (January 11, 2022). "Transcarent lands $200M for its self-insured employer platform". MobiHealthNews. Retrieved August 2, 2023.
  17. ^ Schroeder, Michael (January 12, 2022). "Transcarent's $200M haul makes it healthcare's newly minted unicorn". MedCity News.
  18. ^ Diaz, Naomi (February 21, 2022). "Rush health system rolls out digital health app for employees". www.beckershospitalreview.com. Becker's Hospital Review. Retrieved August 2, 2023.
  19. ^ Dailey, Dennis (February 19, 2022). "Rush University System for Health Selects Transcarent to Provide New Digital Health and Care Experience to Enhance Medical Plan Benefits | Mobile Health Times". mHealth Times. Retrieved August 2, 2023.
  20. ^ Pennic, Fred (February 18, 2022). "Transcarent Inks Partnership with RUSH, Will Support 9,000 Employees". hitconsultant.net. HIT Consultant. Retrieved August 2, 2023.
  21. ^ Olsen, Emily (May 19, 2022). "Amwell, Transcarent launch new behavioral health offerings and more digital health briefs". MobiHealthNews.
  22. ^ Minemyer, Paige. "Transcarent launching behavioral health offering". Fierce Healthcare.
  23. ^ Lovett, Laura (May 20, 2022). "Transcarent's New Behavioral Health Service Promises Members Therapy Appointment Within 3 Business Days". Behavioral Health Business.
  24. ^ Dailey, Dennis (August 18, 2022). "Hospital for Special Surgery Joins with Transcarent to Provide Leading Self-Insured Employers with a New Health and Care Experience for Employees | Mobile Health Times". mHealthTimes. Mobile Health Times. Retrieved August 2, 2023.
  25. ^ Baum, Stephanie (August 18, 2022). "How are employers and providers collaborating in the new surgery health and care experience?". MedCity News.
  26. ^ Behm, Carly (August 18, 2022). "Hospital for Special Surgery teams with self-employed insurance group". Becker's Orthopedic Review. Becker's Healthcare. Retrieved August 2, 2023.
  27. ^ Jain, Deeptee. "Pharmacy Care, Life, And Women In Healthcare: A Chat With Snezana Mahon At Transcarent". Forbes.
  28. ^ Minemyer, Paige. "Transcarent launching new pharmacy benefit offering as its latest healthcare bet". Fierce Healthcare.
  29. ^ Olsen, Emily (September 19, 2022). "Transcarent rolls out pharmacy benefit offering for self-insured employers". MobiHealthNews.
  30. ^ Lagasse, Jeff. "Transcarent introducing new pharmacy benefit offering". Healthcare Finance News.
  31. ^ Parmar, Arundhati (September 19, 2022). "Glen Tullman on launching Transcarent Pharmacy Care: Unlike others, we are a one-stop-shop". MedCity News.
  32. ^ Landi, Heather. "Transcarent teams with Prescryptive Health on new pharmacy benefit offering". Fierce Healthcare.
  33. ^ Myshko, Denise (November 9, 2022). "Transcarent and Prescryptive Health Partner for Integrated Pharmacy". Formulary Watch.
  34. ^ Loeb, Steven (November 3, 2022). "Transcarent taps Prescryptive Health to power its pharmacy benefit offering". VatorNews.
  35. ^ Pennic, Jasmine (November 4, 2022). "Transcarent Selects Prescryptive Health to Power Integrated Pharmacy Experience". hitconsultant.net.
  36. ^ Leventhal, Rajiv. "Transcarent's new virtual offering could help employers lower healthcare costs". Insider Intelligence.
  37. ^ Bruce, Giles (January 13, 2023). "Transcarent partners with Cleveland Clinic for virtual second opinions". Becker's Health IT. Becker's Healthcare. Retrieved August 2, 2023.
  38. ^ Landi, Heather. "Transcarent inks another major hospital partnership to expand access to medical specialists". Fierce Healthcare.
  39. ^ Adams, Katie (January 18, 2023). "How Transcarent Is Expanding Access to Expert Second Opinions". MedCity News.
  40. ^ Jennings, Katie. "Transcarent To Acquire Part Of AI-Powered 98point6 In $100 Million Healthtech Deal". Forbes.
  41. ^ Turner, Brock (March 6, 2023). "Transcarent CEO weighs in on 98point6 deal". Modern Healthcare.
  42. ^ Pifer, Rebecca. "Transcarent to acquire majority of telehealth platform 98point6 for $100M". Healthcare Dive.
  43. ^ Plescia, Marissa (March 7, 2023). "Transcarent To Acquire Part of 98point6 for $100M, Gain AI-powered Virtual Care Platform". MedCity News.