Bright Health Group Investor Day Presentation Deck
December 2021, 59 slides
  1. Bright Health Group
  2. Related Decks
  3. Investor Day Presentation Decks
bright health group investor day aes an on | Bright Health Group
disclaimer | Bright Health Group
today presenters prior experience across a range of companies with track records of profitable growth group buy | Bright Health Group
today agenda topic time presenter introduction and overview mike president and bright health group bright bright session break product and technology porter chief product officer and outlook and capital update smith chief financial and administrative officer a session bright health group team | Bright Health Group
introduction and overview presenter mike | Bright Health Group
our mission making right together aes through powerful relationships care partners we help all and or woe | Bright Health Group
positioned to achieve our full potential focus on areas where we can demonstrate the impact deeply align and providers financially clinically and technologically leverage drive profitable capital efficient growth we strongly believe in strategy and have the team capital and model execute on it | Bright Health Group
bright health group overview footprint by the numbers billion building a technology enabled fully aligned national integrated system of care personalized for consumers states markets care delivery markets as of a revenue a commercial consumers advantage consumers owned and affiliated clinics ore key integrated | Bright Health Group
the outlook is bright key pieces in place to drive value creation for all stakeholders disciplined capital efficient growth focus and value creation increase market share in existing states grow external revenue expand fully aligned model scaling optimizing and differentiating wets health group align businesses prove fully aligned model drives differentiated performance add scale through organic growth and strategic acquisitions expanding into clinical delivery establish add payor agnostic primary care clinics in prove ability to transition providers from fee for service to value alee building foundation establish prove market opportunity in colorado validate model portability to new states | Bright Health Group
our capital position supports our growth strategy expect to achieve enterprise in with key investor support to help achieve this milestone fully committed million fully committed structured as a convertible preferred key terms in line with market precedents mortals support introduced new strategic investor continued support from existing investor nea ase group to support melee lat bright focused on where we can win drives differentiated capital efficient improved cost structure expect in | Bright Health Group
the business model of the future integrated system of care financing and distribution personalized care delivery our is designed to serve consumer desire for increased involvement in decision making bright partner person centric health plans that align consumer provider payor interests to lower costs improve quality access tas connected by bright health intelligent operating bios consumer alternative a high performing leveraging intelligence to deliver designed for retail | Bright Health Group
payor provider alignment consists of three core elements principles flexed as needed to meet the needs each local market clinical financial technological what bright health brings what care delivery partners bring existing clinical tools and capabilities ability and willingness to take population health risk differential existing vendors technology and and consumer engagement tools holistic view the consumer drives greater engagement in decision making purpose built tools and experiences that embed into existing staged progression to more advanced value based care models design and structure value based arrangements collaborate to develop and a operate joint clinical programs ears lower visits lower admissions mina me relative our model me | Bright Health Group
focus on areas of differentiation driving the next phase of growth both businesses supported by strategic investments in our technology and corporate support infrastructure nationwide tam differentiated state footprint serves where we can win individual and family plans execute integrated system care bright through direct contracting bright health group reduce operating cost ratio to in experience and deploy tools for fully aligned care support affiliates as they move toward strengthen technology foundation diversify revenue with external integrate acquisitions and move to a advantage focused powers fully aligned care aim to drive operating efficiencies to increase percentage membership allowing for capital efficient expect to expand to owned fully aligned with by critical vendors maintain pricing discipline clinics by year end downside risk | Bright Health Group
positioned for long term success rapid growth revenue of to billion reflects growth from expected to grow to value based patients and billion revenue diversified business advantage products focused on five key states and products across states representing of the nationwide tam supported by both bright and external alignment model power of the anticipate increased member duration which will improve accuracy of risk coding transition to endemic covid normalizing consumer engagement cycle differentiated outcomes driving predictability and performance expect of bright members to be fully aligned with providers by the end of | Bright Health Group
presenter bright | Bright Health Group
bright overview expectations in key states as serving advantage and retail consumers through neighborhood driven provider and channel partnerships commercial consumers serving consumers advantage consumers second year membership with increased percentage managed by clinics and affiliates entry led by clinics and affiliates alongside care partners north expansion to high value service areas strategic entry with aligned care delivery partners addition of clinics and affiliates plus increased strategic alignment with current care partners nae expect of membership to be four north and | Bright Health Group
geographic expansion moving to market depth bright focus discipline predictability and partnership focused growth deliver scale and predictable performance bright disciplined growth increase scale through share gains reducing unit cost improving operating leverage and predictability and enhancing data richness expand and deepen partnership use data generated from longer duration relationships with consumers and a grow diversify and differentiate the business expand and made strategic acquisitions add proven differentiating capabilities diversified revenue and product mix validated differentiated performance of fully aligned providers stele lue proof of concept with our first care partner in colorado established clinical financial and technological alignment model building trust with and delivering performance for consumers and providers tested and improved approach new entry proving the alignment model can be exported additional geographies and be attractive care partners and consumers | Bright Health Group
bright principles serving retail consumers with a best in class dimensional financing and distribution business build on personalize and attract consumers at align and | Bright Health Group
bright commercial business consists of nationally recognized offering and a strategic complementary employer offering consumers footprint across states pricing discipline partnership channel success into care delivery operations in many of our markets more than half of our not the least expensive available to them of the total market | Bright Health Group
bright advantage business offering designed around high value proven in demand capabilities an a company that tal one platform move all assets to a single operating platform consumers across platforms brand new day central health plan maintains special needs plans already successful in primarily chronic with future growth in focus on five states with a differentiated value proposition desired by consumers providers and channel partners extend delegated model beyond that want increased accountability providers and channel partners designed for specific populations integrate performance accountability and decision making use scale to elevate performance of delegated in age ins from to plans in which consumer cultural focus already successful continue to improve stars results optimizing performance | Bright Health Group
rapid growth complemented by solid performance bright bright has maintained while growing to nearly billion in revenue in just five years our membership advantage a a a a states medical | Bright Health Group
positioned for continued growth and improved economics in increased proportion of retained membership no extended special enrollment period expected to drive longer average member duration with more accurate risk capture expansion of care delivery partnership advances clinical financial performance bright three states north advantage platform structured to meet the needs of targeted consumers providers channel partners by building relationships with providers that want increased accountability cost quality lead to clinical performance medical cost management risk adjustment accuracy normalized member engagement additional from at owned clinics expected to | Bright Health Group
presenter sam | Bright Health Group
overview expectations leader in risk bearing care delivery designed for the retail footprint value based patients billion segment revenue owned clinics by year end a of membership fully aligned with external revenue contribution i he scaling the power of the alignment model integrated care delivery expansion leading to differentiated capital efficient growth | Bright Health Group
coming of age market demand fueling growth key differentiator and engine for bright health group external validation and expansion beyond scale and export enter value based contracts with a path to downside risk with external diversifying the payor mix transition existing affiliates to a fully aligned model by providing additional tools for managing the total cost care provide capital efficient profitable to the enterprise a adding clinical delivery capabilities demonstrate value primary care offering proved the ability to transition providers from fee for service to value based care delivered differentiated results for members fully aligned with bright building a high performing network lay the foundation beginning with our first care partner in colorado established refined contracting drove high in network and increased local share wallet validated portability the model expanded network to six states in while developing relationships in seven additional states launched in | Bright Health Group
integrated system of care delivers differentiated performance relative medical cost ratio differential lower admissions lower visits improves and experience to help people live to their potential aligned fully aligned drives high performing network fully aligned membership other bright membership affiliate providers ease upside only risk bearing affiliates deul employed fully aligned per members embers per fully aligned expected to serve bright members in a increase driving costs and improving clinical outcomes | Bright Health Group
fully aligned model in action consumer centric care delivery video presentation be | Bright Health Group
enabling providers to engage patients beyond the clinic adapting individual needs and preferences supporting across care continuum i healthy at risk acute chronic consumer insights and segmentation care navigation with smart care teams modal engagement preferred specialty and system networks care gap closure accurate coding evidence based care personalized value based care designed for retail | Bright Health Group
strategic focus areas in enabling and providers to deliver lower costs and better care for patients expand integrated system of care to new geographies deepen relationships with payor partners diversify product mix with is well positioned to drive differentiated capital efficient growth for bright health group | Bright Health Group
differentiated performance gives us confidence to expand sie expansion plans designed support both the growth and of bright power of the fully aligned model focus on optimizing affiliate in me entering with tightly aligned partner in with clinics ready support growth clinic additions supported by we are expanding our integrated system of care in and north by growing owned clinic capacity targeting owned clinics by year end improving member engagement improving affiliate support affiliates with data technology and services as they transition toward the fully aligned model capital efficient way align incentives refining the network encourage utilization of high performing clinicians renegotiate contracts reflect increased local market scale | Bright Health Group
drive growth through alignment with strategic payor partners targeting tight key national who are willing to grow in partnership strategy bright improve bright health group enterprise performance increasing fully aligned bright membership support care partner transition to risk bearing models national local and regional focus on core partnerships broad incentive capital efficient way to rapidly grow external revenue pipeline of national bearing care delivery improve utilization of existing clinic capacity if they switch health plans advantage | Bright Health Group
direct contracting positions us to serve beneficiaries at scale brings fully aligned care the fee for service population market opportunity billion billion targeted approach centered around tightly aligned provider partners aligns strategy with long term vision around accountability for quality and total cost of care benefit enhancements enable more responsive care enables address the of spend in fee for service potential age ins from and improve advantage penetration | Bright Health Group
durable long term growth and differentiation scaling exporting alignment model resulting in significant as well as payor product diversification in value based patients segment revenue | Bright Health Group
driving differentiated capital efficient growth in and beyond serve beneficiaries at scale through direct contracting launch partner with external to drive revenue diversification validation of the model export integrated system of care into new markets expand partnership with bright to grow fully aligned consumers | Bright Health Group
minute break tale | Bright Health Group
product and technology presenter porter | Bright Health Group
product and technology priorities building a differentiated purpose built for the fully aligned model of care conn own the end to end consumer i strengthen the foundation tools for fully aligned | Bright Health Group
key initiatives support the path to enterprise profitability technology for future enabling fully aligned care implement innovative consumer and provider facing technology optimize integrated system of care utilize insights from consumer centric data platform refine model leverage scalable infrastructure disciplined growth integrate acquisitions and move a unified operating platform strengthen technology foundation design end state operating platform selection and foster a trusted patient relationship consumer facing and prover facing functions deployed best in class corporate administrative vendors initial capabilities growth a services core operating platform primarily comprised of third party vendors which could quickly scale rapid membership growth and footprint expansion internal team primarily focused on managing external vendors and beginning development of consumer facing tools in order control member | Bright Health Group
the bright intelligent operating system bios designed to support integrated of care consumer platform administrative platform a a a a porta provider portal a consul a vend core aid health employees services i a data platform health data lake third party partners ell | Bright Health Group
administrative platform panorama strategy unified enables operational efficiencies and integrated experience applications aid bright health data | Bright Health Group
corporate technology investments driving enterprise efficiency ongoing initiatives including standardization and shift to industry leading systems are reducing operating costs key systems standardizing infrastructure integrating acquisitions of i cost ratio recent milestones will implement oracle on enhancing internal controls and supporting the rapid growth and complexity of the and centralized it help desk standardizing processes and accelerating resolution of issues standardized human resource information system onto scalable workday platform for existing employees and greenhouse applicant tracking system for recruiting utilizing best in class vendors will transition core operating platform claims call center to end state systems starting in i | Bright Health Group
consumer platform strategy experiences designed for individual consumers and their personalized care team bright a a a care team data bright health as of members enrolled in the lew member from follow up | Bright Health Group
product demonstration product | Bright Health Group
journey unified platform enables seamless consumer and provider engagement education and data collection | Bright Health Group
product and technology strategy designed to enable fully aligned care improve visibility by migrating best in class corporate infrastructure empower consumers own utilize their complete accurate data accelerate development of tools that elevate the consumer provider experience drive operating efficiencies through standardization acquisition integration leverage data align providers consumers | Bright Health Group
outlook and capital update presenter smith | Bright Health Group
demonstrating continued year over year growth across both businesses advancing and diversification bright membership in thousands is membership commercial and organic advantage organic value based patients care delivery investments and organic value based patient driven by | Bright Health Group
achieving our full potential transitioning from rapidly scaling bright to market depth and growth bright health group consistency and predictability pate tow more efficient capital utilization through in state growth and expansion leverage the fully aligned model to drive better outcomes and consumer experience target enterprise financial in growth and care alignment diversification continuing to expand the geographic reach of bright remains focused on top line growth over billion in revenue and over billion in revenue initial growth stages bright growth growth of bright to establish a platform for an integrated company geographic expansion to target key markets and grow with select care partners exceeded billion in revenue in | Bright Health Group
overview of year to date results strong performance in light explosive growth and covid related revenue enterprise key impacted by a confluence factors direct covid costs and covid related disruptions to normal member engagement progression extended special enrollment period reducing average member duration covid reaffirming prior guidance operating cost ratio adjusted on revenue billion reported medical cost ratio adjusted million | Bright Health Group
long term outlook our approach enables us to capture both growth and margin premium medical overhead adjusted on care delivery care delivery overhead to adjusted consumer aggregation maximize dollars flowing through bright performance accelerator capture margin by closely aligning with the delivery system to serve both captive as well as external capture a greater and optimize clinical | Bright Health Group
overview of economics and forecast for value based patients lin mace reporting will focus on three key metrics value based patients segment revenue segment gross margin expecting meaningful contribution from new value based patients both from external bright membership delegated to expected to generate positive risk transfer in investment year in direct contracting included within external with expectations contribution in given the lack historical data | Bright Health Group
outlook bright health group enterprise revenue of billion medical cost ratio of adjusted of million intercompany revenue elimination of billion bright enrollment of members value based patients of end of year membership of to revenue of billion with from external medical cost ratio of sources | Bright Health Group
path to profitability achieving an operating cost ratio of in should support enterprise adjusted revenue growth driving operating leverage in billions with operating cost ratio declining over time a drivers of improved focused growth shift end state operating model bright scale within existing states medal from vendor and platform migration acquisition integration a a a efficiencies driven by technology investments | Bright Health Group
capital update fully committed raise million fully committed structured as a convertible perpetual preferred equity investment dividend payable in cash or payable in kind at bright health option conversion price of representing a conversion premium of to the day as of new strategic investor contributing million capabilities and differentiated care delivery represents continued support from standing investor who has participated in every private and public financing since the series a in bright sot health group to support our growth plans bright focused on existing states drives differentiated capital efficient growth improved cost structure expect in | Bright Health Group
bright health group positioned for strong performance in as we come of age we are well positioned long term rapid growth expecting revenue growth expected segment revenue growth of driven by significant increase value based patients and external revenue medical cost ratio consumer engagement progression and increase percentage of transition to endemic covid longer average member duration normalized membership fully aligned with improving profitability from product and technology investments and cost structure improvements expect operating leverage from revenue growth efficiencies capital position to reduce losses over billion of unrestricted liquidity pro capital raise focus on disciplined capital efficient growth led by | Bright Health Group
a session | Bright Health Group
appendix | Bright Health Group
non reconciliation adjusted | Bright Health Group
| Bright Health Group
See More
Bright Health Group
Investor Day Presentation Decks
Healthcare Plans Decks
Healthcare Decks
Explore Topics
Healthcare
Delivery
Medicare
Clinic
Recent decks by Bright Health Group
Results
May 2022
Investor Presentation
January 2022
See all presentations by Bright Health Group (3 decks)
Related decks
EUDA Health
SPAC
April 2022
AbCellera
Investor Conference
April 2023
Cano Health
Results
May 2023
ATI Physical Therapy
SPAC
February 2021
Cano Health
Results
August 2022
Cano Health
Results
November 2022
Apollo Medical Holdings
Investor Presentation
October 2022
Talkspace
Investor Conference
January 2023
Recent decks by Bright Health Group
See all presentations (3 decks)
Results
May 2022
Investor Presentation
January 2022
EUDA Health
SPAC
April 2022
AbCellera
Investor Conference
April 2023
Cano Health
Results
May 2023
ATI Physical Therapy
SPAC
February 2021
Cano Health
Results
August 2022
Cano Health
Results
November 2022
Apollo Medical Holdings
Investor Presentation
October 2022
Talkspace
Investor Conference
January 2023
Search Thousands of Presentations by World Leading Companies
Trending:
Addressable Market
Ecosystem
Beauty Market
WACC
NFT
Management Team
Investment Highlights

Stay in the loop

Join our mailing list to stay in the loop with updates and newest feature releases

Presentations

Start Up
IPO
SPAC
M&A
Investor Day
Results
ESG
Credit
Investment Banking

Explore

Presentation Collections
Slide Collections

Company

Blog
Contact us
© 2021-2023 Slidebook.io