USAble Corporation (a subsidiary of USAble Mutual Insurance Company) has joined Echo Health Ventures in the newly formed Echo Innovation Alliance, which supports the development of innovative products and services to improve health.
The newly formed Echo Innovation Alliance brings together companies like USAble Corporation, Cambia Health Solutions and Mosaic Health Solutions. USAble Corporation identifies and invests in strategic capabilities and products to provide solutions for businesses and individuals served by USAble Mutual Insurance Company.
“As a health solutions company, we are excited to support those we serve by improving their health and well-being as well as their healthcare experience,” said Curtis Barnett, president and chief executive officer of Arkansas Blue Cross and Blue Shield and a member of the USAble Corporation Board of Directors. “We are committed to helping to solve the challenges our members and our healthcare system face. This alliance gives us an opportunity to work with smart, creative individuals and organizations who share our commitment to making a difference for our members.”
The alliance will focus on solutions that address issues such as:
• Behavioral health and substance use disorders
• Delivery of rural and remote care
• Condition-specific care and services
• Palliative care strategies
• Geriatric care management
• Social determinants of health
• Fraud, waste and abuse
Echo Health Ventures, a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions, drives healthcare transformation through hands-on, purpose-driven strategic venture capital and growth equity investing. The Echo Innovation Alliance is a strategic investment collaboration between Echo Health Ventures and USAble Corporation.
USAble Corporation, a wholly owned subsidiary of USAble Mutual Insurance Company, serves as a healthcare-related financial holding company and funding entity for various companies and strategic investments focused on health improvement, innovation and diversification activities.