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Cambia Health Solutions company logo
Non-Profit Foundation
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Management & Strategy Consulting
cambiahealth.com

Investments

26

Portfolio Exits

8

Partners & Customers

10

About Cambia Health Solutions

Cambia is a nonprofit total health solutions company whose portfolio of companies spans health care information technology and software development; retail health care; health insurance plans that carry the Blue Cross and Blue Shield brands; pharmacy benefit management; life, disability, dental, vision, and other lines of protection; alternative solutions to health care access; and free-standing health and wellness solutions.

Headquarters Location

100 Southwest Market Street

Portland, Oregon, 97201,

United States

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Expert Collections containing Cambia Health Solutions

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Cambia Health Solutions in 2 Expert Collections, including Conference Exhibitors.

C

Conference Exhibitors

5,501 items

HLTH is a healthcare event bringing together startups and large companies from pharma, health insurance, business intelligence, and more to discuss the shifting landscape of healthcare

H

Health Plans & Benefits Management

744 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

Latest Cambia Health Solutions News

06:00 ET Mihir Patel joins Cambia Health Solutions as chief pharmacy officer

Feb 6, 2023

News provided by Share this article Share this article PORTLAND, Ore., Feb. 6, 2023 /PRNewswire/ -- Cambia Health Solutions has named Mihir Patel, Pharm.D., RPh, as its chief pharmacy officer. In this role, Patel will provide overall leadership and pharmacy direction across all lines of Cambia's health plan business. This includes driving delivery of the pharmacy program and integration into medical benefits, clinical improvement and cost-stewardship efforts. Mihir Patel "Mihir has tremendous expertise within the pharmacy industry, including a dedication to ensuring health care is affordable," said Tonya Adams, senior vice president and chief health services officer. "His leadership in managing our pharmacy program will help ensure our members have access to safe, effective medications at prices they can afford." Patel is an experienced pharmacist with a career spanning more than 20 years across various pharmacy sectors including health plans, pharmacy benefit management, consulting and retail pharmacy. He has a passion for improving efficiencies and outcomes by combining effective medication management and health care IT solutions. Before joining Cambia, Patel was vice president of pharmacy services at PacificSource health plans where he led all aspects of pharmacy operations. He also helped established the medical management team at Oscar Insurance, a technology-based startup health plan, and led various clinical and business development functions at EmblemHealth, Point-of-Care Partners, MedImpact Health Care Systems and Horizon Blue Cross Blue Shield of New Jersey. "Cambia's focus on making health care simpler and more affordable really resonates with me," said Patel. "I look forward to working with a broad array of leaders with diverse perspectives and backgrounds to improve member outcomes and experiences." Patel is a registered pharmacist, graduating with Bachelor of Science and Doctor of Pharmacy degrees from Ernest Mario School of Pharmacy at Rutgers, The State University of New Jersey. He also completed a Managed Care Residency at Horizon Blue Cross Blue Shield of New Jersey. Patel lives in Portland, Ore., and serves on the board of directors at the United Way of the Columbia-Willamette. SOURCE Cambia Health Solutions

Cambia Health Solutions Investments

26 Investments

Cambia Health Solutions has made 26 investments. Their latest investment was in TytoCare as part of their Series C on January 1, 2018.

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Cambia Health Solutions Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/29/2018

Series C

TytoCare

$25M

No

5

11/21/2016

Seed VC - II

True Link Financial

$3.6M

No

5

7/27/2016

Corporate Minority

MDsave

$5M

Yes

4

7/13/2016

Series C

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$99M

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10

4/25/2016

Series C

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$99M

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10

Date

1/29/2018

11/21/2016

7/27/2016

7/13/2016

4/25/2016

Round

Series C

Seed VC - II

Corporate Minority

Series C

Series C

Company

TytoCare

True Link Financial

MDsave

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Amount

$25M

$3.6M

$5M

$99M

$99M

New?

No

No

Yes

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Co-Investors

Sources

5

5

4

10

10

Cambia Health Solutions Portfolio Exits

8 Portfolio Exits

Cambia Health Solutions has 8 portfolio exits. Their latest portfolio exit was Life Image on September 15, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

9/15/2022

Acquired

$99M

10

1/10/2022

Acq - Fin

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$99M

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10

10/8/2019

Acquired

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$99M

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10

6/4/2018

Acquired

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$99M

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10

4/17/2018

Acquired

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$99M

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10

Date

9/15/2022

1/10/2022

10/8/2019

6/4/2018

4/17/2018

Exit

Acquired

Acq - Fin

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

10

10

10

10

10

Cambia Health Solutions Acquisitions

1 Acquisition

Cambia Health Solutions acquired 1 company. Their latest acquisition was HealthSparq on .

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

$99M

Acquired

1

Date

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

Cambia Health Solutions Partners & Customers

10 Partners and customers

Cambia Health Solutions has 10 strategic partners and customers. Cambia Health Solutions recently partnered with Life & Specialty Ventures on January 1, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

1/3/2022

Partner

United States

10:21 ET Life & Specialty Ventures and Cambia Health Solutions begin their new strategic collaboration

Under the new partnership , USAble Life will begin management of all dental products for Cambia Health Solutions 's affiliated health plans .

3

8/28/2021

Partner

United States

Life and Specialty Ventures’ Collaboration with Cambia Health Solutions

Life and Cambia Health Solutions announced a strategic collaboration designed to improve the medical-dental care and financial wellbeing of the people and families navigating care .

1

11/27/2019

Partner

United States

Quartet Health, Cambia Health Solutions Partner to Bring AI-Enabled Platform to Cambia’s Members

Additionally , Echo Health Ventures , a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions , made an investment in Quartet as part of its commitment to building and scaling innovative solutions in the behavioral health space .

1

4/10/2019

Partner

United States

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10

3/12/2019

Partner

United States

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10

Date

1/3/2022

8/28/2021

11/27/2019

4/10/2019

3/12/2019

Type

Partner

Partner

Partner

Partner

Partner

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

10:21 ET Life & Specialty Ventures and Cambia Health Solutions begin their new strategic collaboration

Under the new partnership , USAble Life will begin management of all dental products for Cambia Health Solutions 's affiliated health plans .

Life and Specialty Ventures’ Collaboration with Cambia Health Solutions

Life and Cambia Health Solutions announced a strategic collaboration designed to improve the medical-dental care and financial wellbeing of the people and families navigating care .

Quartet Health, Cambia Health Solutions Partner to Bring AI-Enabled Platform to Cambia’s Members

Additionally , Echo Health Ventures , a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions , made an investment in Quartet as part of its commitment to building and scaling innovative solutions in the behavioral health space .

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Sources

3

1

1

10

10

Cambia Health Solutions Team

19 Team Members

Cambia Health Solutions has 19 team members, including current Chief Executive Officer, President, Jared L Short.

Name

Work History

Title

Status

Jared L Short

Chief Executive Officer, President

Current

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Name

Jared L Short

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Work History

Title

Chief Executive Officer, President

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Status

Current

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