“Can a virtual-first employer-sponsored primary/urgent/mental-health benefit displace both traditional telehealth carriers and in-person visits by guaranteeing ROI to the employer?”
Founded 2011-2012 by Hoover's co-founder Patrick Spain as a consumer-subscription telemedicine concierge service. Pivoted to a B2B2C model selling per-employee-per-month virtual care benefits directly to mid-market and enterprise employers via benefits consultants. Now offers primary, urgent, and mental health virtual care to 700+ employers as an employer-funded benefit — patients pay $0.
First Stop Health was founded by Patrick Spain and Mark Friedman and is founded in 2011, headquartered in Chicago, Illinois, United States.
First Stop Health has raised $22.2M in total (latest round: Sverica Capital Management strategic growth investment, 2023).
Get a read on where your own stack stands against First Stop Health and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.