Cobalt Ventures is the captive private equity subsidiary of Blue Cross and Blue Shield of Kansas City. With a sole focus in healthcare, we invest in high-growth companies with capabilities that can be scaled and leveraged nationally across the payer universe.
Bardavon is a cloud-based, clinical intelligence and analytics company focused on improving musculoskeletal patient outcomes in both the workers’ compensation and commercial healthcare arena. Bardavon’s systems operate and collect data in near real-time to measure provider performance and optimize utilization for each patient, regardless of the case’s needs or complexity.
Cobalt MedPlans is a business process outsourcing partner with core competencies in high-end claims administration and call center services in the national healthcare market.
CompAlliance is a workers’ compensation managed care organization, primarily providing telephonic and field-based nurse case management. CompAlliance also offers a rental network across four Midwestern states, bill review services, virtual case management software.
MEDVAL is an attorney-based national Medicare compliance services company specializing in collaborative settlement solutions. MEDVAL provides Medicare Set-Aside (MSA) reports and related services, structured settlements, Medicare conditional payment services, Mandatory Insurer Reporting and other compliance and lien-related services involving Medicaid, Medicare Advantage and Veterans Administration cases.
New Directions provides managed behavioral health services, employee assistance programs, health coaching and performance solutions to healthcare plans nationally.
Preferred Health Professionals is a comprehensive PPO network for self-funded employers in Missouri and Kansas. The premier product, Freedom Network Select, spans 48 counties in Kansas and Missouri.