Anthem, Inc. Signs Enterprise Licensing Agreement with Castlight Health
Oct 24, 2019
Castlight and Anthem Renew Engage Technology Contract
Relationship Expanded to Include Licensing of Castlight’s Underlying Platform Services
SAN FRANCISCO (October 24, 2019) — Castlight Health, Inc. (NYSE: CSLT) today announced it has signed a thirty-month enterprise license agreement with Anthem, Inc., effective January 1, 2020. This agreement extends the relationship Anthem and Castlight first announced in November 2015 and expands Anthem’s use of Castlight’s core health navigation platform and technology.
This agreement renews the existing relationship for the Castlight-powered Engage health navigation app, including the deployment to more than one million National Account members in Anthem’s affiliated health plans, as well as the Castlight provider search and pricing technology. In addition, Castlight will provide Anthem with a new, non-exclusive license for some of Castlight’s underlying health navigation platform technology services, such as transparency and personalization.
“We are pleased to solidify an extended technology relationship with Castlight Health to support the delivery of consumer engagement solutions,” said Peter Haytaian, executive vice president, Commercial & Specialty Business Group at Anthem. “We look forward to building on our success with Castlight as a part of the growth of Anthem’s digital platform and ecosystem.”
This is the first time Castlight has licensed its platform services at this scale, demonstrating it can monetize its technology outside of its branded and white-labeled full-stack applications. The Company intends to pursue similar relationships with other health plans and care provider entities as part of its long-term growth strategy.
“Our expanded Anthem partnership illustrates the value of our health navigation technology and the extensibility of our platform to power other user experiences,” said Maeve O’Meara, chief executive officer of Castlight Health. “We are excited to drive more innovation across Anthem’s business lines and, ultimately, further leverage our platform services more broadly in the healthcare ecosystem.”
Castlight’s management will discuss today’s announcement during the Company’s third quarter 2019 financial results conference call, scheduled for Thursday, October 24, 2019.