Why We Do It
Cox is known its innovative strategies and long-term vision. That’s why we’ve partnered with Socium Ventures — Cox’s venture and growth investment arm — to transform the healthcare industry. We’ve built a robust healthcare investment portfolio that addresses critical healthcare challenges while making care more affordable and transparent, improving the lives of patients and providers alike.
How We Do It
Our healthcare portfolio is built around five core themes — or pillars — each representing a major healthcare need that also aligns with Cox’s mission to improve access, quality and affordability of care. The portfolio companies under each pillar will lead improvements and innovation in their respective areas.
Portfolio & Partners
Motivo: Motivo is expanding the pipeline of qualified therapists to address mental health provider shortages. Through secure virtual clinical supervision, licensed professionals can remotely mentor trainees across geographical boundaries.
Enlace: Enlace is building practical tools to help providers shift from fee-for-service to value-based care. By serving as an intermediary between payers and providers, Enlace handles complex data analysis to create a shared foundation that health systems and insurers can use to better collaborate on cost and quality goals.
Centivo: Centivo is transforming traditional employer health plans by using advanced analytics to reward quality care while lowering costs for both companies and their employees. Their intuitive platform gives employers the power to manage health benefits like a strategic investment rather than a yearly expense.
Rialtic: Rialtic helps health insurers catch billing mistakes and fraud in real-time with user-friendly cloud software, replacing outdated systems and manual audits. By improving efficiencies, Rialtic frees up resources that payors can use to lower premiums or invest in care initiatives.
Capsule: Capsule is more than a pharmacy delivery service. The company coordinates with doctors and insurance providers behind the scenes to provide a seamless customer experience marked by unprecedented speed and convenience.
Devoted Health: Devoted Health integrates health insurance with healthcare delivery in a way that’s deeply tech-enabled and personal for Medicare patients. Human concierges help members navigate their benefits and care, including primary and home-based care, which helps members better manage chronic conditions.
Partner Spotlight
Rachel McCrickard
CEO AND FOUNDER, MOTIVO
Bill Nordmark
CEO, ENLACE HEALTH
Rachel McCrickard
CEO AND FOUNDER, MOTIVO
“Motivo connects mental health therapists with the supervision hours required to achieve licensure. Motivo has a direct impact on increasing the number of licensed mental health providers, particularly in rural, underserved areas. Cox Enterprises has been one of Motivo’s biggest supporters since 2018 when we entered the Techstars Atlanta program. We wouldn’t be where we are without the support of Cox!”
Bill Nordmark
CEO, ENLACE HEALTH
“Enlace Health is leading the health care industry in the move towards value-based health care. We aim to help payers and providers deliver better care at a lower cost for patients. Our partnership with Cox aligns our company’s mission, values and strategy with that of Cox whose leadership has established a standard for corporate excellence in these areas. We are proud to have Cox as our partner.”
“Here at Cox Enterprises, we think a lot about the future and our role in leaving the world a better place. We know that improving our current healthcare landscape is not only a great business opportunity but a moral imperative – an action that has the potential to lengthen and strengthen the lives of everyone on the planet.”
— Tim Howe, Assistant Vice President of Strategy and Corporate Development, Cox Enterprises
Leadership Spotlight
Timothy Howe
ASSISTANT VICE PRESIDENT
Timothy Howe
ASSISTANT VICE PRESIDENT
STRATEGY AND CORPORATE DEVELOPMENT
Tim is responsible for the health care diversification strategy with a focus on digital health. Tim led Cox’s investments in Aver, Iora Health and Motivo, and represents Cox on the board. Under his leadership the health care team is looking to acquire platform solutions that provide a consumer-centered experience enabling easy access to quality care with lower costs and better outcomes.