Employer Direct Healthcare
Employer Direct Healthcare, valued at $1 billion, offers specialized healthcare network solutions through SurgeryPlus and Cancer Care Direct, serving over 4 million members across 1,000+ employers, including Fortune 500 companies and public sector entities.
Announced a $92 Million Investment from Insight Partners
Employer Direct Healthcare recently announced a $92 million investment from Insight Partners. This investment has helped the company reach a $1 billion valuation. The financial backing from Insight Partners will enable Employer Direct Healthcare to continue expanding its services and improving healthcare solutions for its large member base.
Services: SurgeryPlus and Cancer Care Direct
Employer Direct Healthcare operates SurgeryPlus and Cancer Care Direct, which are specialized healthcare network solutions. SurgeryPlus focuses on facilitating surgical procedures by providing access to a network of over 3,000 surgeons and 500 facility partners across 157 metropolitan regions in the U.S. Cancer Care Direct is the industry's first end-to-end oncology solution, offering comprehensive cancer care support. These services aim to improve healthcare outcomes while reducing financial burdens for their members.
Network and Reach
Employer Direct Healthcare serves over 4 million members across more than 1,000 employers. Their clients include approximately two dozen Fortune 500 companies and three dozen public sector entities. The company’s network includes over 3,000 surgeons and oncologists, as well as more than 500 facility partners spread across 157 metropolitan regions in the U.S. This extensive reach ensures wide accessibility and high-quality care for its members.
Healthcare Cost Reduction
Employer Direct Healthcare has significantly lowered overall healthcare costs for employer clients. Since its inception, the company has saved clients approximately $700 million. In 2023 alone, the cost reduction was around 2%. The company has facilitated over 43,000 surgical journeys to date, with 15,000 completed in 2023. On average, members saved $4,000 per surgical journey, demonstrating the company’s effective cost management strategies.
Launching Cancer Care Direct
Employer Direct Healthcare launched Cancer Care Direct, the industry's first end-to-end oncology solution. This service is designed to provide comprehensive cancer care support, ensuring that members have access to the best possible oncology treatment throughout their healthcare journey. The introduction of Cancer Care Direct highlights Employer Direct Healthcare’s commitment to addressing complex healthcare needs and providing holistic solutions for their members.