Health2047, a Silicon Valley business formation and commercialization enterprise launched by the American Medical Association (AMA) in 2016, has spun out its third company.

Co-founded by Health2047 along with Eric Whitaker, M.D., and Ken Alleyne, M.D., Zing Health will offer a Medicare Advantage plan and focus its initial efforts in the Midwest. The company said its overarching goal is to address the social determinants of health and decrease the burden on both patients and physicians.

Zing Health will be available to Cook County, Ill., residents starting Jan. 1, 2020. A news story in Chicago Business notes that Whitaker runs Chicago-based healthcare investment firm TWG Partners, and Alleyne is a West Hartford, Conn.-based orthopedic surgeon and founder of healthcare investment firm HartHaven Partners. “The pair are longtime friends and business partners,” the story says. “Alleyne previously served as chief medical officer of NextLevel Health, the Cook County Medicaid managed care plan led by Whitaker’s wife, Dr. Cheryl Whitaker. The men are also investors in VirtualHealth, a digital tool that aims to help insurers—including NextLevel—coordinate members’ care.”