Austin-based Harbor Health has announced a significant $130 million funding round to broaden its integrated healthcare offerings. The investment, co-led by General Catalyst, 8VC, and Alta Partners, with additional backing from DFO Management, aims to enhance both its insurance plans and clinical services across Texas.
Expanding Insurance Options
The new capital will enable Harbor Health to extend its fully insured health plans to both large employers and individuals. Starting in November, the company plans to offer individual and family plans on the federal Health Insurance Marketplace (healthcare.gov), providing more accessible coverage options to a broader population.
Growing Clinical Footprint
Harbor Health is set to expand its clinical presence in Central Texas, with plans to increase the number of clinics and specialty services. The company will introduce new specialty care lines, including rheumatology, dermatology, cardiology, endocrinology, and mental health services, aiming to provide comprehensive care under one roof.
Integrated Care Model
Central to Harbor Health’s approach is its integrated care model, which combines insurance coverage with a coordinated care team. Each member is connected to a dedicated health team, including primary care physicians, nurses, and specialists, ensuring personalized and continuous care. This model is designed to improve health outcomes and reduce overall healthcare costs.
Positive Reception and Future Outlook
Since its inception, Harbor Health has served over 50,000 individuals in Central Texas, receiving positive feedback from members. The company’s commitment to patient-centered care and innovative insurance solutions positions it as a growing player in the healthcare landscape.
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