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From hospital closures to physician shortages, provider scarcity is a big challenge when it comes to expanding Medicare Advantage in rural communities.
The company also announced a partnership with pharma giant Biogen that allows providers to submit enrollment forms for its multiple sclerosis drug Vumerity through the new platform.
The partnership will allow MyndVR to expand its content offerings for older adults.
The company said the sale of Meritage Medical Network will allow it to focus on its digital-first, value-based care contracts.
The company let go of 20% of its workforce last week.
The virtual care startup for LGBTQ+ patients will also use the investment to expand its recently launched enterprise offering.
Its mobile app is slated to be released in late 2023.
The collaboration will allow Rite Aid to relocate its fundamental applications to Google Cloud, including its vaccine scheduling tool, customer messaging infrastructure and digital engagement platform.
The company will also stop offering Medicare Advantage plans outside of California and Florida.
The company announced a $10 million Series B raise last year.