Lantern Specialty Care
Latest round
- Series C
Last raised
- Jan 2016
Total raised
- Undisclosed
Investors
- 2
About Lantern Specialty Care
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 Texas, US, Employer Direct Healthcare, LLC dba Lantern Specialty Care is a healthcare navigation and specialty care platform that connects health plan members, employees, and their families with high-quality providers for complex and high-cost medical conditions. The company valued to USD 1 billion. 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.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.
Who invested in Lantern Specialty Care
2 investors across 6 rounds
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Funding rounds
Series C
Jan 12, 2016
Amount
Undisclosed
Investors
Series B
Feb 3, 2015
Amount
Undisclosed
Investors
Series B
Oct 8, 2014
Amount
Undisclosed
Investors
Series B
Jul 14, 2014
Amount
Undisclosed
Investors
Series B
Feb 11, 2014
Amount
Undisclosed
Investors
Series B
Nov 13, 2012
Amount
Undisclosed
Investors
Questions about Lantern Specialty Care
Who invested in Lantern Specialty Care?
Lantern Specialty Care has 2 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lantern Specialty Care raised?
Lantern Specialty Care has raised 6 venture rounds. Sign up free to see how much each round raised and the total.
When did Lantern Specialty Care last raise money?
Lantern Specialty Care's most recent round on record is a Series C, in Jan 2016.
What does Lantern Specialty Care do?
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.
Where is Lantern Specialty Care headquartered?
Lantern Specialty Care is headquartered in Dallas, US.
Which VCs invest in companies like Lantern Specialty Care?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Kleiner Perkins and Lightspeed Venture Partners back healthcare companies at Lantern Specialty Care's stage. Their profiles are linked below.
VCs backing healthcare startups at Series C
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