CareATC Company Profile

Background

Overview

CareATC, Inc. is a healthcare management company specializing in providing on-site and shared-site primary care clinics for employers across the United States. Founded in 2000 and headquartered in Tulsa, Oklahoma, CareATC aims to help employers control rising healthcare costs by improving the health of their workforce. The company offers a range of customizable healthcare solutions, including chronic disease management, personal health assessments, on-site clinics, direct primary care, occupational health, health data analytics, acute care, workplace wellness programs, population health management, health coaching, shared-site clinics, physical therapy, behavioral health, telehealth, and shared-site clinics.

Mission and Vision

CareATC's mission is to reimagine the healthcare experience so that everyone can have the power to be well. The company's vision is to create the most sustainable solution to rising healthcare costs for employers of every size by promoting health, preventing disease, and providing a shorter path to medical care.

Industry Significance

As a leader in workforce population health management, CareATC has been instrumental in transforming the healthcare experience for employers and their employees. By offering innovative primary care services, the company has played a significant role in reducing healthcare costs and improving health outcomes for its clients.

Key Strategic Focus

Core Objectives

CareATC focuses on delivering comprehensive healthcare solutions that empower employers to take control of rising healthcare costs by improving the health of their workforce. The company's objectives include promoting health, preventing disease, and providing a shorter path to medical care for employees and their families.

Areas of Specialization

The company specializes in a range of services, including:

On-site and shared-site primary care clinics

Chronic disease management

Personal health assessments

Occupational health services

Health data analytics

Acute care

Workplace wellness programs

Population health management

Health coaching

Physical therapy

Behavioral health

Telehealth services

Key Technologies Utilized

CareATC leverages advanced technology to offer customized population health management solutions. The company's analytics platform provides employers with insights into patient health and well-being, enabling better decision-making. Additionally, CareATC's patient portal and mobile app allow employees to schedule appointments, access medical records, and engage with health education materials, putting them back in control of their health and well-being.

Primary Markets Targeted

CareATC primarily targets employers of all sizes across the United States, offering healthcare solutions that cater to the needs of their workforce. The company's services are designed to reduce healthcare costs and improve health outcomes for employees and their families.

Financials and Funding

Funding History

CareATC has undergone significant growth since its inception, expanding its services to over 150 clients in 35 states and caring for more than 300,000 members. In 2019, the company secured funding from LLR Partners, a private equity firm, to support its expansion and service offerings.

Total Funds Raised

The exact total funds raised by CareATC are not publicly disclosed.

Notable Investors

LLR Partners is a notable investor in CareATC, having provided funding to support the company's growth and expansion.

Utilization of Capital

The capital raised has been utilized to expand CareATC's services, enhance its technological infrastructure, and support its mission of providing comprehensive healthcare solutions to employers and their employees.

Pipeline Development

Key Pipeline Candidates

CareATC's pipeline includes the continuous development and enhancement of its healthcare services, focusing on:

Expanding on-site and shared-site primary care clinics

Enhancing chronic disease management programs

Improving personal health assessments

Advancing occupational health services

Developing health data analytics capabilities

Expanding acute care services

Enhancing workplace wellness programs

Advancing population health management

Developing health coaching programs

Expanding physical therapy services

Enhancing behavioral health services

Advancing telehealth services

Stages of Development

CareATC's services are continually evolving, with ongoing efforts to enhance existing programs and introduce new offerings to meet the needs of employers and their employees.

Target Conditions

The company's services target a wide range of health conditions, including chronic diseases, acute illnesses, and behavioral health issues, aiming to improve overall health outcomes for employees.

Anticipated Milestones

CareATC anticipates achieving milestones related to the expansion of its service offerings, enhancement of technological platforms, and improvement in health outcomes for its clients and their employees.

Technological Platform and Innovation

Proprietary Technologies

CareATC has developed proprietary technologies, including its analytics platform and patient portal, to provide comprehensive healthcare solutions and improve patient engagement.

Significant Scientific Methods

The company employs data-driven methodologies, integrating health data analytics to inform decision-making and enhance healthcare delivery.

AI-Driven Capabilities

While specific AI-driven capabilities are not detailed, CareATC's emphasis on data analytics suggests the potential integration of AI technologies to enhance healthcare services.

Leadership Team

Executive Profiles

Dawn Carter: Chief Executive Officer

Dawn Carter serves as the CEO of CareATC, leading the company's strategic vision and operations.

Scott Strickland: President & Chief Operating Officer

Scott Strickland brings over 20 years of experience in healthcare services, having previously served as COO for a healthcare technology business in the physical therapy sector.

Lisa Ness: Chief Revenue Officer

Lisa Ness has 30 years of sales experience in healthcare, including directing sales efforts for companies such as Proactive MD, Premise Health, and Pfizer.

Ann Stoeppelwerth: Chief Engagement Solutions Officer

Ann Stoeppelwerth focuses on narrowing emerging risk and improving outcomes for clients through population health communications, patient activation, and member engagement.

Paul Keeling: Chief Business Development Officer

Paul Keeling leads the company's commitment to client retention and continued growth and scalability of existing customers.

Leadership Changes

In February 2020, CareATC announced a new leadership structure, including the appointments of Scott Strickland as President & COO and Lisa Ness as Chief Revenue Officer, to support the company's rapid growth and strategic vision.

Competitor Profile

Market Insights and Dynamics

The healthcare management industry is experiencing significant growth, driven by the increasing need for employers to manage healthcare costs and improve employee health outcomes. Companies like CareATC are at the forefront of this trend, offering innovative solutions to meet these demands.

Competitor Analysis

CareATC's key competitors include: