CareFirst BlueCross BlueShield
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
CareFirst BlueCross BlueShield - overview
Established
1934
Location
Baltimore, MD, US
Primary Industry
Insurance
About
CareFirst BlueCross BlueShield is a US-based healthcare organization providing a range of health plans and services aimed at enhancing patient care and healthcare administration efficiency. Founded in 1934 and headquartered in Baltimore, US, CareFirst BlueCross BlueShield operates as a healthcare insurance provider focused on delivering health services. The company has evolved its business strategy to incorporate technological advancements in health management. Founded by Brenda Kwateng and Moses Rajan, the company is currently led by CEO Brian Pieninck.
CareFirst BlueCross BlueShield offers a comprehensive suite of healthcare solutions including a health management platform that features functionalities such as appointment scheduling, telehealth services, and patient record management. Their services cater to healthcare practitioners, patients, and administrators across North America, Europe, and parts of Asia, ensuring improved communication and health tracking capabilities. The company generates revenue through a subscription-based model, primarily from healthcare providers accessing its health management platform and services. Clients typically engage in annual or multi-year contracts, providing predictable cash flow and scalable service options.
Their flagship offerings include the integrated health management platform, tailored to meet the specific needs of individual clients.
Primary Industry
Insurance
Sub Industries
Brokerages, Health Insurance
Website
https://individual.carefirst.com/
Verticals
FinTech, HealthTech
Total Amount Raised
Subscriber access only
CareFirst BlueCross BlueShield - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Trusted Health Plan Inc. | - |
Displaying 1 - 1 of 1
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.