Hive Health acquires HPPI
The acquisition will entail HPPI’s to integrate with Hive Health’s technological capabilities.
Hive Health, a digital health insurance startup founded by Harvard and Stanford alumni in 2021, has acquired Health Plan Philippines, Inc. (HPPI), a leading Health Maintenance Organisation (HMO) service provider in the Philippines.
Hive Health aims to leverage its technology and data-driven innovations for HPPI’s members.
The acquisition allows the integration of HPPI’s extensive nationwide provider network and 37 years of institutional knowledge with Hive Health's core capabilities to enhance the patient experience in both virtual and in-person care.
Hive Health, functioning as a full-stack digital health insurer, offers comprehensive HMO health plans for SMEs and startups, covering outpatient, inpatient, emergency, and dental care through a network of 1,700 hospitals, clinics, and over 60,000 doctors nationwide.
Hive Health's digital platform allows users to manage care, offering features like quick letter approvals, plan benefit viewing, provider location, appointment scheduling, and medical record access.
The platform also ensures fast out-of-network reimbursements and exclusive wellness perks for members.