Centivo

Centivo is a primary-care-centered health plan administrator for self-funded employers, founded in 2017 and launched in 2018. The company's mission is to make high-quality healthcare radically affordable for working Americans. Centivo designs and administers self-funded health plans built around a chosen primary care physician, coordinating specialist referrals and driving measurably better outcomes at lower cost.

As of mid-2025, Centivo serves approximately 77,000 members across 160 employer clients operating in 13 U.S. states (CA, CO, CT, FL, IA, KS, MO, NJ, NY, NC, PA, TX, WI). Employers using Centivo typically save 15-30% compared to traditional fully-insured plans, with average member out-of-pocket costs of USD 409 versus the industry average of USD 1,650. In 2023, Centivo plans reduced member out-of-pocket costs by 71% compared to members' prior plans.

Centivo has raised USD 224 million in total funding. In September 2024, the company closed a USD 75 million round (equity and debt) led by Morgan Health (JPMorgan Chase's healthcare unit), alongside MemorialCare Innovation Fund and Cone Health Ventures, at a valuation of approximately USD 500 million. In 2024, Centivo acquired Eden Health, a primary care platform, expanding its integrated care capabilities.

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