# Clover Health

> Clover Health is a Medicare Advantage insurer that runs on software. Its flagship platform, Clover Assistant, feeds physicians AI-driven, point-of-care insights drawn from millions of health data points so they can catch chronic disease earlier and treat it cheaper. After a rocky SPAC debut in 2021, the company reached adjusted EBITDA profitability in 2024, grew Medicare Advantage membership past 150,000, and is guiding to its first-ever full-year GAAP net income in 2026.

- **Founded:** 2013
- **Headquarters:** Nashville, Tennessee, United States
- **Founders:** Vivek Garipalli (Co-founder & Executive Chairman), Kris Gale (Co-founder & former CTO)
- **Team size:** ~570 employees (approx.)
- **Products:** Clover Assistant, Clover Medicare Advantage PPO Plans, Counterpart Health, Clover Home Care
- **Notable:** Reached adjusted EBITDA profitability for full-year 2024 and again in 2025 (~$22M adjusted EBITDA in 2025)., Grew Medicare Advantage membership 53% during the 2026 annual enrollment period to ~153,000 members., FY2025 insurance revenue of ~$1.9B, up 41% year over year.

## Products & services

- **Clover Assistant** — AI and machine-learning software that aggregates data from EHRs, pharmacies, labs and socioeconomic sources to deliver personalized, point-of-care recommendations to physicians - flagging likely diagnoses, medications, dosages, tests and referrals.
- **Clover Medicare Advantage PPO Plans** — Wide-network Medicare Advantage plans with low out-of-pocket costs, rich supplemental benefits (dental, vision, hearing, OTC allowances, fitness) and prescription drug coverage.
- **Counterpart Health** — A subsidiary that licenses Clover's core technology platform (Counterpart Assistant) to other providers and payers, extending its value-based care tools to the broader market.
- **Clover Home Care** — In-home primary and preventive care services for higher-need members, supporting chronic disease management outside the clinic.

## Achievements

- Reached adjusted EBITDA profitability for full-year 2024 and again in 2025 (~$22M adjusted EBITDA in 2025).
- Grew Medicare Advantage membership 53% during the 2026 annual enrollment period to ~153,000 members.
- FY2025 insurance revenue of ~$1.9B, up 41% year over year.
- Q1 2026 total revenue of $749M, up 62% year over year.
- Guided to its first-ever full-year GAAP net income profitability in 2026.
- CEO Andrew Toy testified before Congress on advancing healthcare through AI.

## Latest updates

- **2026-02** — Reported Q4/full-year 2025 results: ~$1.9B insurance revenue (+41%), ~140,000 MA members (+38%), $22M adjusted EBITDA; guided to first full-year GAAP profit in 2026.
- **2026-01** — Announced 53% Medicare Advantage membership growth during AEP, reaching ~153,000 members as of January 1, 2026.
- **2026-05** — Q1 2026 results: total revenue $749M (+62% YoY), adjusted EBITDA $40M (+56%), membership 155,773 (+51% YoY).

## Links

- Website: https://www.cloverhealth.com
- LinkedIn: https://www.linkedin.com/company/cloverhealth
- Twitter/X: https://twitter.com/cloverhealth
- YouTube: https://www.youtube.com/watch?v=TX4S8oDou4k
- Facebook: https://www.facebook.com/CloverHealth/

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Profile page: https://yespress.io/clover-health
Published by YesPress — https://yespress.io
Last updated: 2026-06-02