Company profile: Priority Health
1.1 - Company Overview
Company description
- Provider of health benefits and insurance, working with members to manage their health and get the right care at the right time and place. Offerings include Medicare Advantage with networks including major hospital systems in Michigan's Lower Peninsula; individual and family MyPriority plans; Medicaid (MIChild, Healthy Michigan Plan); employer group plans; MyPriority short-term plans; and D-SNP with dental and vision.
Products and services
- Employer Group Plans: Priority Health architects enterprise-scale health care plans for businesses of all sizes, emphasizing cost management and employee engagement to manage expenses and strengthen employee involvement in health
- Medicare Plans: Priority Health delivers network-based Medicare Advantage coverage with a network including major hospital systems in Michigan’s Lower Peninsula, coordinating access and in-network care for eligible Medicare beneficiaries
- Individual & Family Plans: MyPriority creates managed-care health insurance for individuals and families, including coverage for chronic conditions and preventive care to ensure timely access to the right care.
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Priority Health
Lifetri
HQ: The Netherlands
Website
- Description: Provider of insurance and financial services products for individuals and businesses.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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PetPartners
HQ: United States
Website
- Description: Provider of pet insurance for individuals and groups, reimbursing eligible veterinary expenses after claims. Offers OnePack Plan, a group pet insurance solution for employers with a single policy, fixed rate, and benefits integration. Provides TailTrax, a mobile app to manage pet health records, find local pet services, and access a 24/7 veterinary helpline.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full PetPartners company profile →
Humana
HQ: United States
Website
- Description: Provider of health insurance for individuals, families, and businesses, offering Medicare Advantage plans with hospital, medical, and often prescription drug coverage plus dental, vision, and hearing; Medicare Part D; Medicare Supplement (Medigap); customized Group Medicare plans; and employer group specialty plans for dental, vision, and life.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Humana company profile →
Lincoln Benefit Life
HQ: United States
Website
- Description: Provider of life insurance and annuity solutions, focusing on servicing existing policies and contracts. Manages variable life products, including fund changes and closures, and engages in reinsurance transactions, such as assuming fixed annuity reserves.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Lincoln Benefit Life company profile →
Howick Mutual Insurance
HQ: Canada
Website
- Description: Provider of residential, commercial, farm, and automobile insurance services as a risk management company.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Howick Mutual Insurance company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Priority Health
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Priority Health
2.2 - Growth funds investing in similar companies to Priority Health
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4 - Top valuation comps for Priority Health
4.2 - Public trading comparable groups for Priority Health
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