MacroHealth’s platform helps large healthcare payer organizations find the best provider networks for their members.
“MacroHealth is disrupting the US commercial healthcare industry, a $3.5 trillion marketplace.” says Toufic Boubez, CTO and CPO at MacroHealth. Toufic is a serial entrepreneur with several successful exits to his name, including Layer 7 Technologies (acquired by CA Technologies) and Metafor (acquired by Splunk).
“Our contributions and role in the industry have helped us thrive and create opportunities in a disrupted economy. The healthcare and information services industry are both predicted to recover the fastest, and we’ve seen this come into play.”
With a U.S. office in Kirkland, WA, MacroHealth was formed in 2017 with the merger of Plotkin Health and VIDA Health.
The company will use the cash infusion to invest in their platform and expand the commercial side of the business including marketing, customer success, and operations.
MacroHealth is looking for top talent, among both startups and the biggest names in corporate America. “You don’t have to work in healthcare or insurance to come onto our radar. We just want to work with the best people, period,” says MacroHealth Chief HR Officer Sam Crumley.
Their message to future employees? “If you’re tired of going unnoticed in a big corporation and want to make a difference, join us. Compared to other privately-held companies at our stage, we offer competitive salaries in the market.”
The $54 million dollar investment includes capital from NewSpring Capital, Providence Ventures and Triple Tree Capital Partners.