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Lantern Care is a specialty care platform that helps self-funded employer health plans access high-quality, cost-effective care for complex needs. It builds a Network of Excellence by directly contracting top specialists and facilities, offering planned surgeries, cancer care, and infusion therapies with bundled payments. A dedicated care team guides members through diagnosis, scheduling, and follow-up, emphasizing local, accessible care that boosts utilization. Its goal is to reduce employer healthcare costs while improving patient outcomes by expanding access to specialty care through direct contracting and care navigation.
Industries
Enterprise Software
Healthcare
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$31M
Headquarters
Dallas, Texas
Founded
2010
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Total Funding
$31M
Above
Industry Average
Funded Over
3 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Short & Long Term Disability
Life Insurance
Paid Vacation
Paid Parental Leave
401(k) Company Match
Hybrid Work Options
Marathon Health and Lantern have partnered to integrate primary and specialty care for employers and labour organisations, aiming to reduce specialty care costs. The collaboration connects Marathon's primary care model with Lantern's specialty care platform, allowing Marathon clients to purchase Lantern services directly. A pilot programme focusing on orthopaedic and surgical care showed a 37%-100% increase in Lantern referrals, a 47% rise in completed or avoided surgeries, and 53% average savings compared to network rates. Marathon providers will identify patients needing specialists and initiate referrals, whilst Lantern Care Advocates guide members through specialist selection and coordination. The integrated solution launches this year for shared customers, initially targeting orthopaedic surgery, a major employer cost driver.
/PRNewswire/ -- Lantern, the leading Specialty Care Platform serving 12 million people across the U.S., today announced a $30 million investment led by Morgan...
Care navigation platform. HealthJoy <i class="fa fa-info-circle company-popover" data-content="h3HealthJoy/h3. div
Employer Direct Healthcare raises $92M investment from Insight Partners, at $1 Billion valuation.
/PRNewswire/ -- Employer Direct Healthcare (EDH), a leading specialty healthcare network solution, today announced a $92 million secondary investment from...
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Industries
Enterprise Software
Healthcare
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$31M
Headquarters
Dallas, Texas
Founded
2010
Find jobs on Simplify and start your career today