Signify Health, Inc.

General Information
Business:

Signify Health is a leading healthcare platform that leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. Our mission is to transform how care is paid for and delivered so that people can enjoy more healthy, happy days at home. Our customers include health plans, governments, employers, health systems and physician groups. We believe that we are a market leader in two fast-growing segments of the value-based healthcare payment industry: payment models based on individual episodes of care and in-home health evaluations (“IHEs”).

Our episode payment platform managed $6.1 billion of spend under the Medicare Bundled Payment for Care Improvement Advanced (“BPCI-A”) program in 2019. 

Our mobile network of providers entered over 1 million unique homes to evaluate individuals in Medicare Advantage and other managed care plans in 2019. 

(Note: Signify Health increased its price range to $20 to $21, up from $17 to $19 initially, and kept the number of shares the same – 23.5 million shares – in an S-1/A filing dated Feb. 10, 2021, the same as the pricing date; pricing expected after the market’s close.)

Industry: Services - Home Healthcare
Employees: 2100
Founded: 2020
Contact Information
Address 800 Connecticut Avenue Norwalk, CT 06854
Phone Number (203) 541-4600
Web Address http://www.signifyhealth.com
View Prospectus: Signify Health, Inc.
Financial Information
Market Cap $4558.18mil
Revenues $550.4 mil (last 12 months)
Net Income $-23.2 mil (last 12 months)
IPO Profile
Symbol SGFY
Exchange NYSE
Shares (millions): 23.5
Price range $24.00 - $24.00
Est. $ Volume $564.0 mil
Manager / Joint Managers Goldman Sachs/J.P. Morgan/Barclays/Deutsche Bank Securities/BofA Securities/UBS Investment Bank/Baird/Piper Sandler/William Blair
CO-Managers -
Expected To Trade: 2/11/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change