Philadelphia-based Medicaid managed care company AmeriHealth Caritas forms Social Determinants of Life Inc., a new company focused on improving life outcomes. The subsidiary’s first investment is $29 million in a California startup.
Sep 2021 · Philadelphia Business JournalNews article
Wider Circle raises $38 million in a Series B funding round led by AmeriHealth Caritas. AmeriHealth Caritas makes the investment through its wholly owned subsidiary, Social Determinants of Life, Inc. The proceeds support the expansion of Wider Circle’s tech-enabled neighborhood health programs and peer-to-peer social support networks.
AmeriHealth Caritas launches Social Determinants of Life, Inc., a wholly owned subsidiary focused on addressing social determinants of health. The subsidiary will invest in and deploy solutions for housing, education, food access and transportation, areas identified as social determinants of health.
AmeriHealth Caritas creates Social Determinants of Life, Inc., a business unit focused on factors that affect patients’ health outside the healthcare system. It launches with an initial $29 million investment in Wider Circle, a company based in Redwood City, California.
