PE firm Sverica Capital Management made a strategic growth investment in First Stop Health, a Chicago-based provider that works with mid-size and enterprise employers to help reduce healthcare costs and provide care options for their employees.
FSH delivers virtual access to urgent care, primary care, and mental health providers for a per employee per month fee with no cost to patients. Founded by Patrick Spain and Dr. Mark Friedman, FSH works with more than 700 unique employers which they sell to via a nationwide network of employee benefit brokers and consultants.
Sverica has committed capital of $2 billion across six funds. Read more.
