Devoted Health Company Research Report
Company Overview
Name: Devoted Health
Mission: To improve the health and well-being of older Americans by caring for every person like family.
Founded: 2017
Founders:
- Todd Park
- Ed Park
Headquarters: Waltham, MA, USA
Number of Employees: Approximately 2,000+ employees
Revenue: No information is available
What is the company known for: Devoted Health is known for offering Medicare Advantage plans designed with comprehensive health and wellness benefits that members actually use and savings they actually get. The company is focused on delivering high-quality, coordinated healthcare to improve the outcomes and experiences for older Americans.
Key People in the Company
| Name | Position | LinkedIn |
|------------------------|----------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------|
| Ed Park | Co-founder and Chief Executive Officer | [LinkedIn](https://linkedin.com/in/ed-park) |
| Todd Park | Co-founder and Executive Chairman | [LinkedIn](https://linkedin.com/in/todd-park-423194) |
| Leslie Brunner | Chief People Officer | [LinkedIn](https://linkedin.com/in/leslie-brunner-aa1b092) |
| William “Mo” Cowan | Chief Legal and External Affairs Officer | [LinkedIn](https://linkedin.com/in/william-cowan-4068324) |
| Monna Nanavati | Chief Operating Officer | [LinkedIn](https://linkedin.com/in/monna-nanavati-3b82baa) |
| Nancy Go | Chief Marketing Officer | [LinkedIn](https://linkedin.com/in/nancy-go-9199ba1) |
| Jack Nye | Chief Technology Officer | [LinkedIn](https://linkedin.com/in/jack-nye-5056b31) |
| Michael Nochomovitz, MD| Chief Clinical Partnerships Officer | [LinkedIn](https://linkedin.com/in/michael-nochomovitz-md-3091a86) |
| Shannon O'Kane | Medicare Compliance Officer | [LinkedIn](https://linkedin.com/in/shannon-o-kane-3b122059) |
| Dariel Quintana | Chief of Medicare Markets | [LinkedIn](https://linkedin.com/in/dariel-quintana-4a4718b9) |
| Neil Wagle, MD, MBA | Chief Medical Officer | [LinkedIn](https://linkedin.com/in/neil-wagle-md-mba-4a4855b) |
| W. Bradley Yale | Chief Financial Officer | [LinkedIn](https://linkedin.com/in/w-bradley-yale-531b8916) |
Products
Medicare Advantage Plans
- Description: Comprehensive Medicare Advantage plans that offer medical benefits similar to Original Medicare plus additional benefits.
- Key Features:
- Dental coverage for dentures, crowns, and root canals.
- Money for over-the-counter items like vitamins and toothpaste.
- $0 copay for vision exams, plus money for eyeglasses or contacts.
- Prescription drugs starting at $0.
- Fitness benefits.
- $0 hearing exams plus low copays for hearing aids.
- Grocery benefits for members with eligible chronic health conditions (available in specific plans).
Orinoco (Proprietary Software System)
- Description: Orinoco is a platform as a service (PAAS) designed to revolutionize healthcare operations, CRM, healthcare management, and healthcare service coordination.
- Key Features:
- Healthcare Operations: Advanced tools for managing, organizing, and sharing data related to healthcare operations.
- CRM: Robust customer relationship management capabilities for managing patient relationships.
- Healthcare Management: Tools for resource allocation, scheduling, task management, and collaboration.
- Healthcare Service Coordination: Seamless coordination and management of various healthcare services.
Recent Developments
Expansion and New Plans
- Description: Devoted Health is expanding to 99 new counties across 13 states in 2024.
- New Partnerships: No information is available
- New Products Launched: Medicare Advantage plans in new service areas.
- Recent Media Coverage and Announcements:
- Devoted Health brings new Medicare Advantage plans to older Americans across the country.
Technological Advancements
- Orinoco Platform: Continued development and deployment of the Orinoco software system to enhance healthcare operations and patient care.
- New Features Added:
- Enhanced tools for healthcare operation management.
- Comprehensive CRM capabilities for better patient relationship management.
- Improved resource allocation and coordination features.
In-House Medical Group: Devoted Medical
- Description: Devoted Medical offers virtual and in-home care alongside a member’s primary care provider.
- Key Benefits:
- Specialized services and care coordination.
- Continuity of care and collaboration with primary care providers.
- Tailored virtual and in-home care.
Conclusion
Devoted Health continues to grow rapidly, expanding both its geographic service areas and the depth of its product offerings to better serve the healthcare needs of older Americans. With a notable leadership team and robust technological solutions such as the Orinoco platform, the company is well-positioned to improve healthcare outcomes and experiences for its members.
This report is structured to provide detailed insights into Devoted Health based on the available data. For fields with no available information, it is explicitly mentioned to maintain clarity and professional integrity.
