NeueHealth, Inc.
neuehealth.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q2 FY2025 10-Q, filed Aug 7, 2025. Its latest SEC filing is a 4 from Oct 14, 2025.
10-Q for Q2 FY2025, filed Aug 7, 2025
The sections below describe the company as of the FY2024 annual report.
What Did They Do?
Provides primary and virtual care through owned and affiliated clinics, and technology and services that help independent providers and medical groups manage care.
10-K for FY2024, filed Mar 21, 2025NeueCare delivers accessible, affordable healthcare to all populations across the ACA Marketplace, Medicare, and Medicaid through owned and…View ↗
NeueSolutions enables providers and medical groups to succeed in performance-based arrangements. NeueSolutions also participates in the…View ↗
Provider Enablement Solutions: Through deep financial alignment, customized population health tools, and strong partnerships with leading…View ↗
How Did They Make Money?
Health plans pay monthly fees for providing care to members, with additional quality incentives and shared-savings payments when targets are met. The company also receives fees for specific medical services from patients and health plans, and earns revenue for guaranteeing the performance of ACO REACH care partners.
10-K for FY2024, filed Mar 21, 2025Capitated revenue represents revenue under value-based arrangements entered into by NeueCare’s affiliated medical groups in which the…View ↗
Service revenue primarily represents revenue from fee-for-service payments received by NeueCare’s affiliated medical groups. These include…View ↗
ACO REACH Revenue Recognition: Accountable Care Organizations (“ACO”) Realizing Equity, Access, and Community Health (“REACH”) revenue is…View ↗
We follow ASC 460-10-35-2(b) to subsequently measure and recognize the performance guarantee, applying a systematic and rational approach…View ↗
$936.7M
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10-K for FY2024, filed Mar 22, 2025
$936.7M ↗
Who Were Their Customers?
Health plans and government programs work with NeueCare’s clinics, while patients receive care at its clinics. NeueSolutions serves affiliated and independent providers and medical groups, and partners with government programs to manage Medicare beneficiaries.
10-K for FY2024, filed Mar 21, 2025NeueCare Customer SegmentsView ↗
External Payors — NeueCare owned and affiliated clinics contract with various third-party payors primarily through value-based…View ↗
NeueSolutions enables providers and medical groups to succeed in performance-based arrangements. NeueSolutions also participates in the…View ↗
NeueSolutions Customer SegmentsView ↗
NeueCare and Affiliated Providers (e.g., Integrated Delivery Networks (“IDNs”), Independent Physician Associations (“IPAs”), Medical…View ↗
Did Revenues Turn Into Profits?
No. It lost $134.7M in FY2024.
10-K for FY2024, filed Mar 22, 2025
−$107.4MView ↗
10-K for FY2024, filed Mar 22, 2025
−$134.7MView ↗
10-K for FY2024, filed Mar 22, 2025
−$125.6MView ↗
How Were They Changing?
- Net income
-
Sources
10-Q for Q2 FY2025, filed Aug 8, 2025
−$10.1MView ↗
- ▼ −83% (Loss)
- vs −$58.6M in Q2 FY2024
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Oct 2, 2025
Private equity affiliate completed acquisition; shares stopped trading
NeueHealth became a wholly owned subsidiary of the buyer, and its common stock ceased trading on the New York Stock Exchange.
Sources
8-K, filed Oct 2, 2025
Closing of the MergerView ↗
Grew. Revenue grew 82% in 4 years, from $514.9M in FY2020 to $936.7M in FY2024, about 16% a year.
Insurance business exit
The earlier report described Bright HealthCare as a health insurance financing and distribution business alongside NeueHealth. The latest report focuses on care delivery and provider enablement after exiting the ACA Marketplace as an insurer and ending commercial health plans.
10-K for FY2021, filed Mar 18, 2022 10-K for FY2024, filed Mar 21, 2025At the end of 2022, we exited the ACA Marketplace as an insurer and, as of January 1, 2024, we ceased offering Medicare Advantage products…View ↗
We deploy our capabilities across our NeueHealth business, which is comprised of two segments – NeueCare and NeueSolutions – each focused…View ↗
NeueCare delivers accessible, affordable healthcare to all populations across the ACA Marketplace, Medicare, and Medicaid through owned and…View ↗
NeueSolutions enables providers and medical groups to succeed in performance-based arrangements. NeueSolutions also participates in the…View ↗
Who Did They Compete With?
Competes with Agilon Health, Privia, ChenMed, One Medical, OptumHealth, and VillageMD
10-K for FY2024, filed Mar 21, 2025Our principal competitors vary considerably in type and identity by each market. We compete with other provider enablement companies, as…View ↗
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