Tuesday, March 19, 2019

First Stop Health Raises $6.5 Million in Equity Financing to Fuel Growth in Virtual Healthcare

BWW News Desk
January 11, 2019

a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwfshealthcom2Fampesheet51924793ampnewsitemid20190111005431amplanenUSampanchorFirstStopHealth2CLLCampindex1ampmd5db607e57b4c61e8d436fe8bac54fcbd4 relnofollowFirst Stop Health LLCa has raised 65 million in equity capital to enhance its market position as a leading provider of virtual healthcare services for the employer marketplace Leveraging its unique member engagement and guaranteed employer savings model First Stop Health is now poised to further accelerate its growth pblockquotep idpullquotepblockquote p The funding was led by Joe Mansueto Founder and Chairman of Morningstar and Rich Gallun Cofounder and former CEO of benefits platform provider bswift First Stop Health Cofounders Patrick Spain CEO and Dr Mark Friedman Chief Medical Officer also participated along with many of the companys existing investors First Stop Health has raised a total of 142 million since its founding in 2011 p p With rapid annual revenue growth this investment capital allows us to further our vision of transforming the patient healthcare experience says Spain Our clients embrace our service model which gives members a simple frictionless experience to access care within minutes of when they need it p p With the highest telemedicine utilization rate in the industry and putting its fees at risk to do so First Stop Health is leading the move toward valuebased medicine in virtual healthcare p p We make requesting a virtual visit with a doctor easy because weve simplified the process says Dr Friedman We deliver a service that people actually use without the typical lengthy intake process This unique member experience is a big part of what sets us apart p p To learn more about First Stop Health visit a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwfshealthcomampesheet51924793ampnewsitemid20190111005431amplanenUSampanchorwwwfshealthcomampindex2ampmd56fb972c79efb5185c971d98c2c51b82b relnofollowwwwfshealthcoma p p span classbwulinebAbout First Stop Healthbspan p p First Stop Health provides virtual healthcare services for the employer marketplace including telemedicine and care navigation to members via phone online video consultation and iPhone and Android apps With convenient access to USbased doctors and care navigation consultants in all 50 states and the District of Columbia we are the First Stop for Health for members who receive convenient high quality medical advice diagnosis and treatment typically at no cost to them Connect with First Stop Health on the a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwfshealthcom2Fampesheet51924793ampnewsitemid20190111005431amplanenUSampanchorWebampindex3ampmd545944cada8281947cea197af3b0acbac relnofollowWeba a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwlinkedincom2Fcompany2Ffirststophealthllc2Fampesheet51924793ampnewsitemid20190111005431amplanenUSampanchorLinkedInampindex4ampmd503c72f85655c55669950a8b404583b5b relnofollowLinkedIna a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwowlercom2Fcompany2Ffshealthampesheet51924793ampnewsitemid20190111005431amplanenUSampanchorOwlerampindex5ampmd5fe1f31527035a5d71ea15103ccf6e454 relnofollowOwlera a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwfacebookcom2FFirstStopHealthampesheet51924793ampnewsitemid20190111005431amplanenUSampanchorFacebookampindex6ampmd5f57920f1e24a9c30e4395a4394dcbbd3 relnofollowFacebookaanda referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Ftwittercom2Ffirststophealthampesheet51924793ampnewsitemid20190111005431amplanenUSampanchorTwitterampindex7ampmd5653f56ad14c5ff2bb4a2e170e40a34e5 relnofollowTwittera p p p

SOURCE: BUSINESS WIRE. ©2015 Business Wire

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