Devoted Health

Devoted Health is a direct-to-consumer Medicare Advantage carrier licensed and operating in 29 US states, offering health insurance plans specifically designed for seniors. Founded in 2017 by brothers Todd and Ed Park -- with Ed Park serving as CEO and Todd Park (former U.S. Chief Technology Officer and athenahealth co-founder) as Executive Chairman -- the company differentiates itself from traditional Medicare carriers by integrating proprietary technology and data analytics directly into care management.

The company's operations center on a proprietary platform-as-a-service solution called Orinoco, which manages healthcare operations including patient records, care coordination, appointment management, and resource allocation. The Orinoco platform integrates with provider networks, pharmacy systems, and CMS Medicare systems to enable data-driven identification of member health issues before they escalate into hospitalizations. Devoted Health also offers 24/7 Care OnDemand telehealth services and personal care coordinators ("Devoted Health Guides") to support members between physician visits.

Devoted Health has raised USD 2.26 billion in total funding across seven rounds, most recently closing a Series F-Prime of USD 317 million in January 2026 with investors including The Space Between (TSB), Centricus, GV, VZVC, Morgan Health (JPMorganChase), and others. The company received a 4.63 average CMS star rating -- placing it 4th nationally among multi-contract Medicare Advantage carriers -- with 94% of members enrolled in 4-star or higher plans. Between March 2025 and March 2026, enrollment grew by approximately 258,000 members.