Hive Health acquires HPPI to transform healthcare access for SMEs

HIVE HEALTH, a digital health insurance startup founded at Harvard and Stanford Universities in 2021, has made a significant leap forward in transforming healthcare access for Filipinos with its acquisition of Health Plan Philippines, Inc. (HPPI), one of the pioneering health maintenance organization (HMO) service providers in the country.

With this strategic initiative, Hive Health will be able to share its technology and data-driven innovations with HPPI’s existing members. Moreover, it will be able to integrate HPPI’s nationwide provider network and institutional knowledge built across 37 years with its core capabilities to further redefine the patient experience across virtual and in-person care.

Hive Health, as a full-stack digital health insurer, offers hassle-free, comprehensive HMO health plans for SMEs and startups, encompassing outpatient, inpatient, emergency, and dental care through an extensive nationwide network of 1,700 hospitals and clinics, and over 60,000 doctors across the country.

Hive Health’s digital platform empowers patients to manage their own care and their dependents’ care effortlessly—enabling tasks such as requesting letters of approval within minutes to allow patients to skip the long lines in hospitals, viewing plan benefits, finding nearby providers, scheduling annual physical exams, and accessing medical records — all from their phone or computer. Additionally, members enjoy fast out-of-network reimbursements within three to five days and exclusive wellness perks.

“Hive Health has been a valued partner of HPPI given our shared missions. I have seen how the team is able to deliver changes to improve the patient experience much faster than I would have expected, and how they genuinely care about making healthcare accessible to more Filipinos. We are excited for the journey ahead as Hive Health and HPPI join forces,” shared HPPI CEO Natasha Reyes.

“Hive Health’s journey to date, especially with the acquisition of HPPI, marks a significant milestone, not just for our company but also for the Philippine startup landscape. It underscores the potential of startups like Hive Health to shrink the change and make an impact on intractable problems,” stated Camille Ang, cofounder and CEO of Hive Health.