McLaren Health Care

Flint, United States Founded: 1914 • Age: 112 yrs Acquired By Hart Medical
Health care system
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About McLaren Health Care

McLaren Health Care is a company based in Flint (United States) founded in 1914 was acquired by Hart Medical in January 2021.. The company has 836 employees as of December 31, 2021. McLaren Health Care has completed 3 acquisitions, including Karmanos, MDwise and Park Medical Centers.

  • Headquarter Flint, United States
  • Employees 836 as on 31 Dec, 2021
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $500 K (USD), Grant

    Jun 01, 2024

  • Investors
    HHS

    & 4 more

  • Employee Count
    836

    as on Dec 31, 2021

  • Investments & Acquisitions
    Karmanos

    & 2 more

  • Acquired by
    Hart Medical

    (Jan 01, 2021)

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People of McLaren Health Care
Headcount 500-1000
Employee Profiles 184
Employee Profiles
People
Robert van Gessel
Information Technology Site Delivery Manager
People
Jenna Flora
Senior SCM Business Intelligence Analyst
People
Chad M. Grant
EVP, COO
People
Gregory R. Lane
EVP, Chief Administrative Officer

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Funding Insights of McLaren Health Care

  • Total Funding
  • Total Rounds 14
  • Last Round Grant — $500,000
  • First Round

    (26 Feb 2007)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Grant - McLaren Health Care Valuation

investors

Jun, 2023 Amount Grant - McLaren Health Care Valuation

investors

Jun, 2022 Amount Grant - McLaren Health Care Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in McLaren Health Care

McLaren Health Care has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include HHS, Ojp and Health Resources and Services Administration. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Health services and resources are provided by HRSA nationwide.
Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
Founded Year Domain Location
Public health and human services are overseen by HHS.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by McLaren Health Care

McLaren Health Care has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Karmanos, MDwise and Park Medical Centers. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Health insurance plans are provided by MDwise foundation.
1994
Healthcare facilities providing primary care and medical services to patients
1963
Cancer treatment, research, and support services are provided.
1943
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - McLaren Health Care

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mclaren Health Care Comparisons

Employees
+
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Competitors of McLaren Health Care

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mclaren Health Care

Frequently Asked Questions about McLaren Health Care

When was McLaren Health Care founded?

McLaren Health Care was founded in 1914 and raised its 1st funding round 93 years after it was founded.

Where is McLaren Health Care located?

McLaren Health Care is headquartered in Flint, United States. It is registered at Flint, Michigan, United States.

Who is the current CEO of McLaren Health Care?

Philip Incarnati is the current CEO of McLaren Health Care.

How many employees does McLaren Health Care have?

As of Dec 31, 2021, the latest employee count at McLaren Health Care is 836.

What does McLaren Health Care do?

McLaren Health Care was established in 1914 as a health care system based in Flint, United States. Operations are focused on providing medical services across hospitals, clinics, and related facilities in the region. The organization serves communities with a range of healthcare offerings, including acute care, outpatient treatments, and wellness programs. Leadership is provided by CEO and President Philip Incarnati, overseeing domain mclaren.org for integrated health solutions.

How many acquisitions has McLaren Health Care made?

McLaren Health Care has made 3 acquisitions, including Karmanos, MDwise, and Park Medical Centers.

Who are McLaren Health Care's investors?

McLaren Health Care has 5 investors. Key investors include HHS, Ojp, Health Resources and Services Administration, OSTI.GOV, and Hart Medical.

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