K Health, Blackstone Growth, Anthem To Partner On Technology Joint Venture, Hydrogen Health

K Health and funds managed by Blackstone Growth announced the formation of Hydrogen Health, LLC to help create innovative, digital-first health care solutions. This joint venture is also backed by an investment from Anthem, Inc. Hydrogen Health will seek to create solutions to increase access to health care services and make health care more affordable. K Health’s chief executive officer (CEO) Allon Bloch will also serve as the CEO of Hydrogen Health. Financial terms of the joint venture are not being disclosed.

To lower health care costs, Hydrogen Health will leverage K Heath’s artificial intelligence (AI) technology . . .