About Health Care Service Corporation
Health Care Service Corporation is a company based in Chicago (United States) founded in 1936.. Health Care Service Corporation has completed 7 acquisitions, including CareAllies, Cerecons and Medecision. Health Care Service Corporation offers products and services including Health Insurance Plans, Medicare Services, and Community Investments. Health Care Service Corporation operates in a competitive market with competitors including Blue Cross Blue Shield of Michigan, Blue Shield of California, Medical Mutual of Ohio, BCBSAssociation and BCBSKS, among others.
- Headquarter Chicago, United States
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Health Care Service Corporation A Mutual Legal Reserve Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
CareAllies
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Products & Services of Health Care Service Corporation
Health Care Service Corporation offers a comprehensive portfolio of products and services, including Health Insurance Plans, Medicare Services, and Community Investments. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides coverage and access to quality healthcare for individual members.
Offers Medicare plans and care solutions for eligible individuals.
Supports health initiatives and community development efforts.
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Software Development Team
107 people
Leadership Team
70 people
Data Analysis and Operations Team
59 people
Product Management Team
40 people
Senior Team
27 people
Finance and Accounting
17 people
Operations Team
14 people
Legal and Compliance
12 people
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Funding Insights of Health Care Service Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investments & Acquisitions by Health Care Service Corporation
Health Care Service Corporation has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include CareAllies, Cerecons and Medecision. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Accountable care solutions are provided to healthcare providers by CareAllies.
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2016 | ||||
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Modular houses are erected through specialized construction services.
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1999 | ||||
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Cloud-based care coordination solutions are provided for healthcare providers.
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1988 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Health Care Service Corporation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Health Care Service Corporation Comparisons
Competitors of Health Care Service Corporation
Health Care Service Corporation operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blue Cross Blue Shield of Michigan, Blue Shield of California, Medical Mutual of Ohio, BCBSAssociation and BCBSKS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Operates as a mutual health insurance carrier providing comprehensive coverage.
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| domain | founded_year | HQ Location |
Health insurance is offered online to individuals and businesses.
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| domain | founded_year | HQ Location |
Operates as a mutual health insurance provider for individuals and families.
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| domain | founded_year | HQ Location |
Health insurance is provided via a mutual carrier model.
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| domain | founded_year | HQ Location |
BCBSKS operates as a mutual insurance carrier, offering reliable coverage solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Health Care Service Corporation
Frequently Asked Questions about Health Care Service Corporation
When was Health Care Service Corporation founded?
Health Care Service Corporation was founded in 1936.
Where is Health Care Service Corporation located?
Health Care Service Corporation is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Health Care Service Corporation?
Paula Steiner is the current CEO of Health Care Service Corporation.
What does Health Care Service Corporation do?
Health Care Service Corporation was established in 1936 in Chicago, United States, as a mutual health carrier. Health insurance plans are offered to individuals, families, and groups across multiple states in the Midwest and South. Operations center on administering coverage for medical services, including hospital and physician benefits. The company functions without external shareholders, prioritizing member interests under the leadership of CEO and President Paula Steiner.
Who are the top competitors of Health Care Service Corporation?
Health Care Service Corporation's top competitors include Blue Shield of California, BCBSAssociation and Blue Cross Blue Shield of Michigan.
What products or services does Health Care Service Corporation offer?
Health Care Service Corporation offers Health Insurance Plans, Medicare Services, and Community Investments.
How many acquisitions has Health Care Service Corporation made?
Health Care Service Corporation has made 7 acquisitions, including CareAllies, Cerecons, and Medecision.
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