Thursday, December 8, 2016

Crossover Health Gets $92M Investment

Aliso Viejo-based Crossover Health, a developer of employee health care centers, has raised $92M in a funding round from Gurnet Point Cpaital, the two said on Wednesday. Crossover Health develops on-site and near-site health centers for employers, to help address employer health are costs. The company said it currently provides health for approximately 50,000 employees of companies around the country. The two said the funding will help Crossover Health with expansion, as well as redemption of a portion of existing preferred and common shares in the company. Crossover Health is led, and was founded by Dr. Scott Schreeve. Christopher Viehbacher and George Montgomery, both of Gurnet Point, both join the company's board with the funding.

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