Independence’s digital health partnership provides seed capital to first company

Independence Health Group, Ben Franklin Technology Partners of Southeastern Pennsylvania, and Safeguard Scientifics, Inc. have given a $150,000 seed investment to VitalTrax. This is the group’s first investment from their $6 million digital health funding initiative announced in December 2016. Founded in 2016 by serial entrepreneur, Zikria Syed, VitalTrax provides cloud-based software for patients to search for clinical trials,...
Read More

Independence Health Group reports 2016 financial results

Company posts revenue and net income gain despite an uncertain health care environment PHILADELPHIA — Independence Health Group, Inc., (Independence) the parent company of Independence Blue Cross, LLC, experienced continued year-over-year topline financial growth for 2016, reporting record total revenue of $16.7 billion, an increase of 21 percent, and net income of $67 million, or 0.4 percent of total revenue....
Read More

New Dreamit Health startup class announced in partnership with Penn Medicine and Independence

Eight breakthrough companies accepted into the 5th year of Dreamit Health. Partnership with Penn Medicine and Independence Blue Cross has helped to launch companies like BioBots, Biomeme, TowerView Health, Wellth and nearly 75 others. New York and Philadelphia — Leading global startup accelerator Dreamit announced today the new cohort of companies accepted into its spring 2017 cycle....
Read More

Independence Blue Cross and Temple University Health System announce 18-month contract extension

Extension signifies Temple’s intent to join the Independence Facilitated Health Networks model Philadelphia  – Independence Blue Cross (Independence) and Temple University Health System (TUHS) have signed an 18-month contract extension. The contract extension signifies TUHS’s intent to be among the first in the region to join the innovative, patient-centric model known as the Independence Facilitated Health Networks (FHN)....
Read More

Independence Blue Cross supports National Colon Cancer Awareness month

Colon cancer is the fourth most deadly form of cancer in the United States. According to the American Cancer Society (ACS), more than 132,000 people will be diagnosed with colon cancer this year and nearly 50,000 will die from the disease. However, colon cancer is actually one of only two cancers that can be completely prevented by screening....
Read More

Independence CEO honored at UNCF Mayor’s Masked Ball

The Philadelphia chapter of the United Negro College Fund (UNCF) presented its MASKED Award to Independence Blue Cross (Independence) President and CEO Daniel J. Hilferty at its annual Mayor’s Masked Ball on Saturday, March 18. The annual event, which raises scholarship dollars for minority students, also honored Julie Coker Graham, president and CEO of the Philadelphia Visitors and Convention Bureau,...
Read More

Independence Blue Cross wins Digital Innovation Award

Independence Blue Cross wins digital innovation award
President and SVP, Commercial and Consumer Markets Brian Lobley (left) with LiquidHub CEO & Partner Jonathan Brassington. LiquidHub nominated Independence for the Enterprise award. Independence Blue Cross is proud to accept the Greater Philadelphia Alliance for Capital and Technologies (PACT) Digital Innovation Enterprise Award for our 2016 launch of Independence LIVE, a 10,000 square-foot state-of-the-art customer and community health and wellness experience center....
Read More

Independence interns volunteer their Friday for Broad Street Ministry

On Friday, February 17, Independence Blue Cross interns from our Co-op program volunteered at the Broad Street Ministry (BSM) in Center City Philadelphia by hosting the BSM dining room and serving meals. They also helped to organize donations to the center’s clothing closet and put together personal care packages for the guests. Eleven students from the Co-op program participated at BSM....
Read More

Independence Blue Cross CEO welcomes journalists at Poynter Institute workshop on opioid epidemic

One-day workshop helps attendees better understand addiction and overdose crisis Drug overdose and opioid-involved deaths continue to rise in the United States. In fact, the 2016 Blue Cross Blue Shield Health Index℠ — a first-of-its-kind measurement of health fueled by data from more than 40 million Blue Cross Blue Shield members — found substance abuse to be among the five conditions identified nationwide with the greatest impact on commercially-insured Americans....
Read More

Independence Health Group finalizes sale of workers’ compensation insurance business

AmTrust acquires AmeriHealth Casualty; IHG retains TPA business Philadelphia – March 1, 2017 – Independence Health Group (IHG) announced today that the company has completed the sale of its former subsidiary, AmeriHealth Casualty Insurance Company (AmeriHealth Casualty), to AmTrust Financial Services, Inc. (AmTrust). As an IHG subsidiary, AmeriHealth Casualty offered workers’ compensation insurance coverage to employers in the Mid-Atlantic region....
Read More