About Physicians Immediate Care
Physicians Immediate Care is a company based in Rosemont (United States) founded in 1987 by John Koehler was acquired by WellNow in July 2022.. Physicians Immediate Care has raised $350 thousand across 2 funding rounds from investors including Elevance Health, LLR Partners and WellNow. Physicians Immediate Care offers products and services including Telehealth Service, COVID Testing, X-Ray Services, and Pediatric Urgent Care. Physicians Immediate Care operates in a competitive market with competitors including Oak Street Health, Mayo Clinic, Everside Health, NextCare and Premise Health, among others.
- Headquarter Rosemont, United States
- Founders John Koehler
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Physicians Immediate Care Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$350 K (USD)
in 2 rounds
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Latest Funding Round
$350 K (USD), Unspecified
Apr 29, 2013
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Investors
Elevance Health
& 2 more
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Employee Count
Employee Count
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Acquired by
WellNow
(Jul 07, 2022)
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Products & Services of Physicians Immediate Care
Physicians Immediate Care offers a comprehensive portfolio of products and services, including Telehealth Service, COVID Testing, X-Ray Services, and Pediatric Urgent Care. 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.
Offers 24/7 virtual consultations for urgent symptoms
Provides testing for COVID-19 to ensure health safety
Delivers on-site X-Rays for immediate injury diagnostics
Features kid-friendly exam rooms for non-emergency care
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Funding Insights of Physicians Immediate Care
Physicians Immediate Care has successfully raised a total of $350K across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $350 thousand completed in April 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Unspecified — $350,000
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2013 | Amount | Unspecified - Physicians Immediate Care | Valuation |
investors |
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| Jul, 2012 | Amount | Unspecified - Physicians Immediate Care | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Physicians Immediate Care
Physicians Immediate Care has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Elevance Health, LLR Partners and WellNow. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm investing in technology and healthcare businesses for growth capital.
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Founded Year | Domain | Location | |
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Health benefits management software is provided for patients and enterprises.
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Founded Year | Domain | Location | |
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Provides urgent care, virtual visits, and occupational medicine for patients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Physicians Immediate Care
| 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 |
Financial Statements - Physicians Immediate Care
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Physicians Immediate Care Comparisons
Competitors of Physicians Immediate Care
Physicians Immediate Care 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 Oak Street Health, Mayo Clinic, Everside Health, NextCare and Premise Health, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Senior primary care services are provided for adults over 65.
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| domain | founded_year | HQ Location |
General medical clinics are operated throughout the United States.
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| domain | founded_year | HQ Location |
Chain of general clinics
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| domain | founded_year | HQ Location |
Chain of urgent care clinics
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| domain | founded_year | HQ Location |
A chain of general clinics is operated by Premise Health.
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| domain | founded_year | HQ Location |
Chain of general clinics
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Physicians Immediate Care
Frequently Asked Questions about Physicians Immediate Care
When was Physicians Immediate Care founded?
Physicians Immediate Care was founded in 1987 and raised its 1st funding round 25 years after it was founded.
Where is Physicians Immediate Care located?
Physicians Immediate Care is headquartered in Rosemont, United States. It is registered at Rosemont, Illinois, United States.
Who is the current CEO of Physicians Immediate Care?
Stanley Blaylock is the current CEO of Physicians Immediate Care.
Is Physicians Immediate Care a funded company?
Physicians Immediate Care is a funded company, having raised a total of $350K across 2 funding rounds to date.
What does Physicians Immediate Care do?
Physicians Immediate Care was established in 1987 in Rosemont, United States, as a chain of general clinics within the healthcare sector. Immediate medical services for non-emergency needs are provided at multiple facilities, emphasizing walk-in access and routine care. Operations span various U.S. locations, with John Koehler noted as the founder and Stanley Blaylock serving as CEO. Focus remains on efficient, community-based health support without specialized hospital functions.
Who are the top competitors of Physicians Immediate Care?
Physicians Immediate Care's top competitors include NextCare, Oak Street Health and CityMD.
What products or services does Physicians Immediate Care offer?
Physicians Immediate Care offers Telehealth Service, COVID Testing, X-Ray Services, and Pediatric Urgent Care.
Who are Physicians Immediate Care's investors?
Physicians Immediate Care has 3 investors. Key investors include Elevance Health, LLR Partners, and WellNow.