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The $380M Preventive Care Giant You Haven't Heard Of
How WellMed is quietly rewriting senior healthcare with a $380M revenue engine
While telehealth startups chase headlines, a Texas-based medical group is building a $380M empire on a simple premise: keep older adults healthy before they need hospitals. WellMed Medical Group operates under the radar, but their 984 employees and $42M funding tell a different story.
"Their website traffic is zero, but their revenue is nearly $400M—this is a B2B healthcare giant hiding in plain sight."
The Preventive Care Playbook
WellMed's domain catamaranrx.com reveals a strategic pivot: they're not chasing consumer eyeballs. The site serves as a patient portal and content hub for their existing members. With a clean tech stack (jQuery, Tailwind, Bootstrap) and zero public traffic data, this is a closed-loop system designed for enrolled patients, not viral growth. Their social profiles (YouTube, Facebook, LinkedIn, Instagram) serve brand awareness, but the real action happens behind the login.
The $42M Foundation
The $42M funding round isn't for customer acquisition—it's for infrastructure. With key leadership from Mark Thierer (CEO/Chairman) and Joel Saban (EVP Pharmacy Operations), WellMed is building a scalable preventive care model. The presence of Kathy Jacobson (Senior Director at OptumRx) suggests deep pharmacy integration, while Elaine Johnson-Lee (Director, Client Services) indicates a B2B focus. This isn't a consumer startup; it's an enterprise healthcare platform.
The domain structure reveals their strategy: /patients/healthyliving/ for content, /patients/docs-in-a-pod-presented-by-wellmed/ for community, and /business/careers/ for talent acquisition. Notice the absence of aggressive SEO keywords or conversion funnels. They don't need to rank on Google—they're already embedded in Medicare Advantage plans and employer networks.
- Zero public traffic metrics = closed-loop patient portal (not a growth site)
- 15+ technologies deployed = modern but conservative stack (no bleeding-edge frameworks)
- Social presence across 4 platforms = brand awareness, not conversion
- $380M revenue from 984 employees = ~$386K revenue per employee (high efficiency)
- OptumRx connection = pharmacy integration advantage
The Quiet Giant of Senior Healthcare
While startups chase unicorn status, WellMed builds a $380M revenue machine on preventive care fundamentals. Their secret? They don't need to be discovered—they're already embedded in the system.
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Preventive care for older adults - WellMed Medical Group
Discover WellMed, a team of doctors and medical professionals committed to enhancing health with a focus on preventive care for older adults.
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About catamaranrx.com
Discover WellMed, a team of doctors and medical professionals committed to enhancing health with a focus on preventive care for older adults.
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catamaranrx.com uses 15 technologies across their website including Font Awesome, Google Fonts, HSTS, PHP, and more.
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catamaranrx.com receives approximately 0 monthly visitors. The website has a bounce rate of 0% with visitors viewing an average of 0.0 pages per visit. Users spend an average of 0:00 on the site.
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