Clover Health InvestmentsNASDAQ: CLOV

Clover Health is making its AI-powered technology platform, Clover Assistant, available for other Medicare Advantage payors and providers under the brand name Counterpart Assistant. The new offering will employ a hybrid SaaS and shared-savings revenue model, with options for full capitation, which will boost its margins. Counterpart Assistant could be highly coveted due to its ability to diagnose chronic diseases early, which helps reduce healthcare costs for insurers.

FRANKLIN, Tenn., May 29, 2024 (GLOBE NEWSWIRE) -- Clover Health Investments, Corp. (NASDAQ: CLOV) (“Clover,” “Clover Health” or the “Company”), a physician enablement technology company committed to bringing access to great healthcare to everyone on Medicare, is excited to announce that its flagship clinical decision support tool, Clover Assistant, is now generally available for external payors and providers under the brand name Counterpart Assistant (“CA”). This strategic move with Counterpart Health, a subsidiary of Clover Health, aims to extend the benefits of data-driven proven technology, personalized care to a wider audience, enabling enhanced patient outcomes and reduced healthcare costs across the nation.

Clover Health Investments, Corp. (CLOV) Q4 2023 Earnings Call Transcript

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