Employer Direct Healthcare, LLC
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Employer Direct Healthcare, LLC - overview
Established
2011
Location
Dallas, TX, US
Primary Industry
Healthcare
About
Employer Direct Healthcare, LLC is a US-based specialty care platform that connects clients to high-quality, cost-effective healthcare solutions for complex medical needs, focusing on improving health outcomes for employees and reducing healthcare expenses for organizations. Founded in 2011 and headquartered in Dallas, US, Employer Direct Healthcare, LLC provides specialized care solutions. The company has engaged in 9 total deals, with its most recent funding achieved through a Secondary Buyout amounting to USD 92. 00 mn from Insight Partners on December 19, 2023, marking a strategic investment target for growth.
Employer Direct Healthcare operates a specialty care platform that focuses on providing access to complex, high-cost care areas, including surgery, cancer treatment, and infusion therapy. This platform serves as a Network of Excellence, connecting members with top-performing specialists nationwide to ensure high-quality care while significantly reducing healthcare costs. The company's offerings address the challenges associated with navigating complex healthcare scenarios, particularly for employers, public sector organizations, labor unions, benefits consultants, and health plans. Their solutions are utilized across various geographical markets in the United States, where healthcare spending remains substantially high, with a focus on enhancing the overall member experience by facilitating timely access to specialized care and optimizing patient outcomes.
Employer Direct Healthcare's revenue model primarily relies on business-to-business (B2B) transactions with employers and health plans, who utilize the platform to manage their employees' specialty care needs. Clients engage with the company through partnerships involving subscription-based services or contractual agreements for care management solutions. The services offered, including surgical care and oncology support, are priced in alignment with their value proposition of cost savings and quality enhancement, emphasizing long-term partnerships that facilitate ongoing access to specialized care and continuous support for healthcare decision-making. In December 2023, the acquisition of Employer Direct Healthcare, LLC by Insight Partners for USD 92.
00 mn will facilitate the company's growth and expansion of healthcare offerings globally. Future strategies include enhancing their platform with new services aimed at improving specialty care access and exploring expansion into new markets. Specific target regions for growth will be identified to capitalize on the increasing demand for comprehensive healthcare solutions.
Current Investors
Serent Capital, Insight Partners, Dundon Capital Partners
Primary Industry
Healthcare
Sub Industries
Clinics/Outpatient Services, Hospitals
Website
www.edhc.com/
Total Amount Raised
Subscriber access only
Employer Direct Healthcare, LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Employer Direct Healthcare, LLC | - | ||||||||
| Growth | Completed | Employer Direct Healthcare, LLC | - | ||||||||
| Secondary Buyout | Completed | Employer Direct Healthcare, LLC | - |
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