Employer Direct Healthcare (Edh) Announces $92 Million Investment From Insight Partners, $1 Billion Valuation
Employer Direct Healthcare (Edh) Announces $92 Million Investment From Insight Partners, $1 Billion Valuation
12/19/23, 1:32 PM
Location
Money raised
$92 million
Industry
hospitals and health care
Investors
Dundon Capital, Redmile Group, Serent Capital, Insight Partners
Employer Direct Healthcare (EDH), a leading specialty healthcare network solution, today announced a $92 million secondary investment from global software investor Insight Partners, bringing the company's valuation to $1 billion. EDH's existing institutional investors, Serent Capital, Redmile Group and Dundon Capital, will maintain their ownership interest in the business.
Company Info
Location
dallas, texas, united states
Additional Info
Our mission is to transform access to excellent care. For more than a decade, our team has helped organizations better care for their people with access to the best providers in the nation because we believe that there should not be a trade-off between affordable care and excellent care.
As a market-leading healthcare services business, we provide high-quality and cost-efficient solutions for self-funded employers and their employees. Our solutions transform healthcare for our members, facilitating access to top-quality care at fair prices nationwide.
Our SurgeryPlus® solution is the leading center of excellence (COE) for surgery. The accessibility of our network, utilization, savings, and outcomes are what sets SurgeryPlus apart from all other COEs. Our solution is also integrated into the benefits ecosystem to ensure utilization and a simplified experience for members. Dedicated Care Advocates guide members to our highly distributed network of individually selected, excellent surgeons, taking care of them at every step throughout their journey. But steering members within our network, we reduce complication rates and lower plan costs, in turn allowing employers to waive the employee cost share, increasing the affordability of care, and improving health equity.