Demand for healthcare services is making a comeback as Covid-19 cases decline in the U.S. But health insurer Anthem might not be able to cope with rising demand as well as other large insurers, RBC Capital Markets says.
(Bloomberg) -- Cerebral Inc., a startup that provides counseling, medication and other mental-health services, has more than quintupled its valuation to $1.23 billion.The San Francisco-based company raised $127 million in a round led by billionaire Len Blavatnik’s Access Industries, Chief Executive Officer Kyle Robertson said in an interview. Nami Park, an adviser to Access, has joined Cerebral’s board.New capital will be used to expand services to include group therapy and couples counseling, a
Riding high on its inorganic growth story and an improving membership, Anthem (ANTM) holds enough potential to reap benefits for investors.