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Bright Health aims to secure $1 billion in IPO: Report

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Bright Health Inc. is reportedly hoping to secure at least $1 billion in an initial public offering that will likely be launched in the second quarter of 2021, MedCity News reported citing Bloomberg. Co-founded in 2015 by former UnitedHealth Group CEO Bob Sheehy, Bright Health now operates in 13 states, providing individual, family, small business and Medicare Advantage plans.

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