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Frontier Direct Care Raises $20M in Series B

January 8, 2025

Frontier Direct Care, a Harlingen, TX-based employer-funded healthcare company, raised $20M in Series B funding.

The round was led by Mehshah Capital. As part of the Series B round, Frontier added three new board members: Richard Barasch, former Chairman and CEO of Universal American Corporation and Founder of RAB Ventures; Eric Bricker, M.D., Co-Founder of Compass Professional Health Services, and Gaurav Mehta, Founder and Managing Partner of Mehshah Capital.

The company intends to use the funds to accelerate its mission to transform healthcare by delivering accessible, affordable, and high-quality care to employees and their families.

Led by CEO Bibb Beale, Frontier Direct Care offers a suite of solutions designed to improve health outcomes while reducing costs. Its services include direct primary care, virtual care, referral navigation/direct contracting, and a prescription plan. By removing traditional barriers such as co-pays, deductibles, and administrative complexities, The company enhances access to care and reduces downstream expenses. Key strategies include:

  • Producing significant savings on healthcare spend and passing them directly to employers.
  • Delivering care in the most appropriate settings.
  • Reducing unnecessary healthcare utilization.
  • Negotiating direct cash-pay rates with providers.