MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--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.