NeueHealth is a value-based care company that operates primary care clinics and helps independent providers participate in performance-based healthcare arrangements. Formerly known as Bright Health Group, the company exited the health insurance business and now focuses entirely on care delivery and provider enablement. NeueHealth operates through two segments: NeueCare, its owned clinic business operating under the Centrum Health and Premier Medical Associates brands primarily in Florida and Texas, and NeueSolutions, a provider enablement and population health platform. NeueCare's clinics offer bundled primary care, behavioral health, pharmacy, radiology, and lab services, contracting with payers — ACA Marketplace insurers, Medicare, and Medicaid — under value-based arrangements ranging from shared savings to fully capitated models. NeueSolutions helps independent physicians and medical groups succeed in value-based arrangements by providing technology tools, payor contracting support, and administrative services. NeueSolutions also participates in the CMS ACO REACH program, managing Medicare beneficiaries through value-based arrangements with affiliated providers. NeueHealth earns money by keeping medical costs below the payments it receives from payers, making its medical cost ratio a key profitability driver. The company plans to grow by deepening payer relationships, opening clinics in new geographies, and adding provider partners to NeueSolutions. In December 2024, NeueHealth announced a take-private transaction with NEA, its largest investor, expected to close in Q2 2025.