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Convey Holding Parent Priced, NYSE: CNVY

Provides insurers with Medicare Advantage technology and admin services.

Industry: Health Care

Latest Trade: $12.64 0.00 (0.0%)

First Day Return: -7.1%

Return from IPO: -9.7%

Industry: Health Care

Convey Health is a leading healthcare platform that utilizes technology and processes to improve government-sponsored health plans, including Medicare Advantage (“MA”). We are a trusted solutions-oriented partner to payors and deliver purpose-built technology and services to enhance our clients’ mission-critical workflows. Our solutions address health plan needs, including product development and sales, member experience management, clinical management, core operations, business intelligence and analytics. Leveraging our technology and expert advisory services, we serve as a unified and integrated extension of our clients’ core health plan operations. Our proprietary, modular technology and end-to-end solutions replace or supplement our clients’ existing systems and processes, enabling us to help health plans attract and retain members, improve revenue accuracy, drive cost savings, facilitate regulatory compliance, and enhance operational effectiveness. Since our inception, we have created and continuously refined our technology solutions to best serve government-sponsored health plans. Our clients are primarily Medicare Advantage plans, Medicare Part D plans (“PDP”) including Employer Group Waiver plans (“EGWP”) and pharmacy benefit managers (“PBM”).
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IPO News for Convey Holding Parent
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IPO Data
IPO File Date 05/21/2021
Offer Price $14.00
Price Range $14.00 - $16.00
Offer Shares (mm) 13.3
Deal Size ($mm) $187
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 06/15/2021
Offer Price $14.00
Price Range $14.00 - $16.00
Offer Shares (mm) 13.3
Deal Size ($mm) $187
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Fort Lauderdale, FL
Founded 2001
Employees 3,000
Website www.conveyhealthsolutions.com