League, a prominent platform focused on improving the healthcare consumer experience, has formed a strategic alliance with Morningside. As part of this partnership, Morningside has also invested in League, although the financial specifics of the deal remain undisclosed.
The aim of this collaboration is to integrate League’s technology with Morningside’s diverse healthcare portfolio. The goal is to enhance care navigation, personalize the user experience, and ultimately improve health outcomes. The current healthcare system often presents a complex and confusing landscape for consumers, leading to potential disengagement and a failure to capitalize on opportunities for proactive health interventions.
“Gerald Chan is a visionary investor and philanthropist who shares our aspirations for the future of healthcare. We’re thrilled to be partnering so deeply with Morningside,” said Michael Serbinis, Founder and CEO of League. “The synergy with the healthcare companies in their portfolio offers incredible potential to unlock new possibilities in areas like data integration, predictive analytics, and digital therapeutics, ultimately transforming the way people experience care.”
League, founded in 2014, has become a trusted partner for major healthcare brands. Among its well-known clients are Highmark Health, Manulife, and Medibank. To date, the company has secured $285 million in venture capital funding, solidifying its position as a leader in delivering personalized healthcare through data and AI. In the past year alone, the platform has made over 100 million recommendations to members, patients, and healthcare consumers.
Gerald Chan, founder and chairman of Morningside, commented, “League’s ability to activate plan members and get them to make proactive health decisions is truly world-class. We believe that for innovative health technology to achieve its promise and potential, it can’t just show results in a pilot study – these products have to be deployed across populations. We are privileged to be partnering with them on the further expansion of a population health-focused ecosystem for all.”
This alliance underscores Morningside’s strategy of promoting innovation in healthcare delivery. The firm’s emphasis on solutions for aging, management of chronic conditions, mental health, and women’s and infant health aligns with the conditions that incur the highest costs and result in the poorest outcomes, not only in the United States, but worldwide.
This recent announcement follows other significant developments for League, notably a $100 million financing deal with RBCx. The company also recently celebrated its tenth anniversary and continues to demonstrate substantial growth. This growth includes being named to the Deloitte Fast 500 and announcing 40 million members under contract, reflecting a 160% year-over-year increase. League has plans to announce more initiatives in the coming weeks, aimed at broadening its platform ecosystem and accelerating the development of innovative healthcare solutions.
