Flume Health nabs BCBS exec as chief growth officer

Flume Health, a digital platform startup for health plan administration, named Richard Fu chief growth officer.

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Mr. Fu previously served as chief strategy officer at Blue Cross Blue Shield of Kansas City. He will be responsible for the New York City-based company’s expansion into areas that include the commercial self-funded market, according to a June 1 news release.

Flume also promoted Casey Hancock to senior vice president of engineering and Grant Parker to vice president of sales.  

In March, the company raised $30 million in series A funding, which was led by Optum Ventures and included Cigna Ventures, the investment arms of UnitedHealth Group’s Optum and Cigna, respectively.

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