Health Care Service Overview
- Year Founded
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1975
- Status
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Private
- Employees
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30,000
- Latest Deal Type
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Debt - Acquisition
- Latest Deal Amount
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$2.5B
Health Care Service General Information
Description
Operator of a customer-owned health insurance company intended to provide access to quality care and health coverage. The company offers a variety of health, life, and dental insurance products along with Medicare and Medicaid plans, enabling individuals, families, and employers to manage their health.
Contact Information
Website
www.hcsc.comCorporate Office
- 300 East Randolph Street
- Chicago, IL 60601
- United States
Corporate Office
- 300 East Randolph Street
- Chicago, IL 60601
- United States
Health Care Service Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Debt - Acquisition | 05-Jun-2024 | $2.5B | Completed | Generating Revenue | ||
| 3. Debt - General | 23-Apr-2021 | Completed | Generating Revenue | |||
| 2. Debt Refinancing | 28-May-2020 | $2B | $2B | Completed | Generating Revenue | |
| 1. Debt - General | Completed | Generating Revenue |
Health Care Service Comparisons
Industry
Financing
Details
Health Care Service Competitors (47)
One of Health Care Service’s 47 competitors is PacificSource Health Plans, a Corporate Backed or Acquired company based in Springfield, OR.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| PacificSource Health Plans | Corporate Backed or Acquired | Springfield, OR | ||||
| Cigna Insurance Services | Formerly PE-Backed | London, United Kingdom | ||||
| Moda Health | Formerly VC-backed | Portland, OR | ||||
| AmeriHealth | Corporate Backed or Acquired | Cranbury, NJ | ||||
| MetLife Emeklilik ve Hayat | Corporate Backed or Acquired | Istanbul, Turkey |
Health Care Service Patents
Health Care Service Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-11093379-B2 | Testing of complex data processing systems | Active | 22-Jul-2019 | ||
| WO-2021015964-A1 | Testing of complex data processing systems | Inactive | 22-Jul-2019 | ||
| US-D767629-S1 | Display screen with animated graphical user interface | Active | 27-Jul-2015 | ||
| US-20150173472-A1 | Mobile office system | Inactive | 20-Dec-2013 | A45C5/14 |
Health Care Service Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Health Care Service Investments & Acquisitions (21)
Health Care Service’s most recent deal was a Merger/Acquisition with CareAllies for . The deal was made on 19-Mar-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| CareAllies | 19-Mar-2025 | Merger/Acquisition | Practice Management (Healthcare) | ||
| Cigna (Medicare Businesses) | 19-Mar-2025 | Merger/Acquisition | Life and Health Insurance | ||
| Solera (Healthcare Services) | 14-Jan-2025 | Later Stage VC | Other Healthcare Services | ||
| Therapymatch | 05-Oct-2023 | Later Stage VC | Clinics/Outpatient Services | ||
| Luminare Health | 05-Oct-2022 | Merger/Acquisition | Life and Health Insurance |
Health Care Service Affiliates
Subsidiaries (12)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| CareAllies | Houston, TX | 2016 | |
| Innovista Health Solutions | Austin, TX | 2013 | |
| MEDecision | Dallas, TX | 1988 | |
| Dental Network Of America | Downers Grove, IL | 1984 | |
| Dearborn Life Insurance Company | Lombard, IL | 1966 |
Health Care Service FAQs
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When was Health Care Service founded?
Health Care Service was founded in 1975.
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Where is Health Care Service headquartered?
Health Care Service is headquartered in Chicago, IL.
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What is the size of Health Care Service?
Health Care Service has 30,000 total employees.
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What industry is Health Care Service in?
Health Care Service’s primary industry is Life and Health Insurance.
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Is Health Care Service a private or public company?
Health Care Service is a Private company.
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What is Health Care Service’s current revenue?
The current revenue for Health Care Service is .
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How much funding has Health Care Service raised over time?
Health Care Service has raised $4.9B.
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Who are Health Care Service’s competitors?
PacificSource Health Plans, Cigna Insurance Services, Moda Health, AmeriHealth, and MetLife Emeklilik ve Hayat are some of the 47 competitors of Health Care Service.
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