OurHealth, an eight-year-old Indianapolis firm that provides medical clinics for employers, has raised $37 million in financing and plans to hire 480 employees over the next few years, more than doubling its workforce.
Nearly half of the new hires, or about 200, will take place in Indiana, through a combination of clinical workers and staff at its headquarters in the OneAmerica building downtown, the company said.
“This will allow us to scale up to invest in data security, technology, business development, marketing and building more clinics,” CEO Ben Evans told IBJ on Thursday.
The announcement comes three years after the company said it planned to expand dramatically and hire more than 400 new employees by 2018.
OurHealth now has 32 clinics, which operate under the name MyClinic, in Indianapolis, Chicago, Charlotte, Philadelphia, Nashville and other cities. It plans to open six more clinics in Indianapolis and expand into eight new markets.
The company has 295 employees, including doctors, nurses and medical assistants.
White Oak Healthcare Finance LLC, based in San Francisco, is leading the financing round, which also includes participation from individual private investors.
OurHealth was started in 2009 by Evans and his partner, Dr. Jeff Wells. The privately held company did not disclose revenues, other than to say they nearly doubled last year.
OurHealth clinics serve employees at Centier Bank, CNO Financial Group and OneAmerica and other companies. They offer primary care medical services to employees and access to some common prescription drugs, usually at no cost to employees, as well as wellness services and referrals to specialty medical care.
The clinics have been shown to deliver savings in health care costs, as well as increasing employee well-being, Evans said.
“We have big plans for growth, but we still plan to be locally controlled and located in Indianapolis,” he said. “This doesn’t change that.”