Echo Health Ventures, a US-based multi-corporate backed venture capital firm, has added healthcare provider BlueCross BlueShield of Tennessee.
The Echo Innovation Alliance now includes Cambia Health Solutions, Mosaic Health Solutions, USAble, (a wholly owned subsidiary of Arkansas Blue Cross and Blue Shield,) and BlueCross BlueShield of Tennessee as effectively limited partners to improve health care affordability, accessibility and outcomes.
JD Hickey, president and CEO of BlueCross BlueShield Tennessee, said: “By working with the Echo Innovation Alliance, we can deliver more value to the people we serve through innovative partnerships that can bring lower cost health care solutions to our communities.”
“Echo and BlueCross BlueShield of Tennessee share a common aim to improve health care in an economically sustainable way,” added Rob Coppedge, CEO of Echo Health Ventures.
Echo’s portfolio companies include Amwell, Embold Health, and MDSave.