Frontier Direct Care, a Harlingen, TX-based employer-funded healthcare firm, raised $20M in Collection B funding.
The spherical was led by Mehshah Capital. As a part of the Collection B spherical, Frontier added three new board members: Richard Barasch, former Chairman and CEO of Common American Company and Founding father of RAB Ventures; Eric Bricker, M.D., Co-Founding father of Compass Skilled Well being Companies, and Gaurav Mehta, Founder and Managing Associate of Mehshah Capital.
The corporate intends to make use of the funds to speed up its mission to remodel healthcare by delivering accessible, inexpensive, and high-quality care to staff and their households.
Led by CEO Bibb Beale, Frontier Direct Care presents a collection of options designed to enhance well being outcomes whereas lowering prices. Its companies embrace direct main care, digital care, referral navigation/direct contracting, and a prescription plan. By eradicating conventional limitations similar to co-pays, deductibles, and administrative complexities, The corporate enhances entry to care and reduces downstream bills. Key methods embrace:
- Producing important financial savings on healthcare spend and passing them on to employers.
- Delivering care in essentially the most applicable settings.
- Decreasing pointless healthcare utilization.
- Negotiating direct cash-pay charges with suppliers.
FinSMEs
08/01/2025
