Massachusetts boasts a vibrant healthcare industry, featuring organizations ranging from health insurance providers to innovative medical technology firms. This region has a strong emphasis on mental health services, telemedicine, and access to care solutions tailored for various populations. As the demand for affordable healthcare and personalized solutions increases, these firms are integrating technology into their offerings. Furthermore, a significant number of companies are addressing the unique challenges faced by aging populations, making strides towards whole-person care. With a focus on evidence-based practices, Massachusetts healthcare companies are paving the way for improved health outcomes in the community.

The healthcare companies listed here operate across different sizes and specializations, primarily headquartered in cities like Boston and Worcester. Founded from 1969 to 2021, they reflect a range of expertise, from behavioral health to telehealth and insurance services. Most companies employ between 50 to 5000 people, adapting their services to meet the needs of patients and families. Notably, companies like Beacon Health Options and Devoted Health bring innovative approaches to traditional healthcare models, aiming to enhance support and coverage for their respective target markets.

Continue reading to learn more about Massachusetts' top healthcare companies.

Top 22 Healthcare Companies Companies in Massachusetts

1. Beacon Health Options

• Website: beaconhealthoptions.com
• Ownership type: Corporate
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: June 2019
• Founded year: 2014
• Headcount: 5001-10000
• LinkedIn: beacon-health-options

Beacon Health Options, now operating under the name Carelon Behavioral Health, is a behavioral health service provider based in Boston, Massachusetts. Founded in 2014, the company specializes in a variety of mental health solutions, including counseling, crisis management, and employee assistance programs. Carelon Behavioral Health aims to enhance access to care and support the overall well-being of its clients. They cater to health plans, employers, and individuals, with a particular focus on military families. The company has a strong commitment to whole-person health, addressing mental health needs through evidence-based solutions and integrated care. With a workforce of over 1,000 employees, Carelon has served more than 47 million people, demonstrating its significant impact in the behavioral health sector. Their services are designed to meet the unique needs of various populations, ensuring that care is accessible and effective.

2. Devoted Health

• Website: devoted.com
• Ownership type: Private Equity
• Headquarters: Waltham, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series E-K, $112.0M, August 2024
• Founded year: 2017
• Headcount: 1001-5000
• LinkedIn: devoted-health

Devoted Health, founded in 2017 and based in Waltham, Massachusetts, is a private equity-backed health insurance provider specializing in Medicare Advantage plans. The company aims to enhance the well-being of its members, primarily seniors and individuals with chronic health conditions, by offering a range of services that include supplemental benefits and 24/7 telehealth support. Devoted Health's approach is centered on providing comprehensive healthcare coverage, which includes unique offerings like the Food & Home Card for eligible members, dental and eyewear coverage, and a no-cost telehealth service called Care OnDemand. The company has been actively expanding its service areas and recently secured $112 million in funding in August 2024, reflecting its growth trajectory and the increasing demand for its services. Devoted Health is committed to improving healthcare access and quality for its members, making it a notable player in the healthcare industry.

3. DentaQuest

• Website: dentaquest.com
• Ownership type: Private Equity
• Headquarters: Wellesley, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 99%
• Latest funding: August 2023
• Founded year: 2001
• Headcount: 1001-5000
• LinkedIn: dentaquest

DentaQuest, founded in 2001 and based in Wellesley, Massachusetts, is a healthcare services company that specializes in the administration of dental and vision benefits. The company offers a range of solutions, including Medicaid/CHIP, Medicare Advantage, and individual dental insurance plans. DentaQuest serves health plans, state agencies, and individual consumers, with a strong emphasis on improving access to quality dental care and enhancing oral health outcomes. As the largest government dental benefits administrator in the United States, DentaQuest covers about 30% of all Medicaid/CHIP enrollees, showcasing its significant role in the public health sector. The company is dedicated to a prevention-first approach, aiming to provide affordable dental care to individuals and families, particularly those who may not have access to employer-sponsored health benefits. DentaQuest also integrates technology into its operations, utilizing proprietary systems to streamline claims processing and improve member experiences.

4. Coverys

• Website: coverys.com
• Ownership type: Corporate
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 94%, United Kingdom (UK) 6%
• Latest funding: November 2023
• Founded year: 1975
• Headcount: 501-1000
• LinkedIn: coverys

Coverys, founded in 1975 and headquartered in Boston, Massachusetts, is an insurance company that specializes in medical liability insurance and risk management services for healthcare professionals and organizations. With a workforce of approximately 661 employees, Coverys serves a wide range of clients, including physicians, hospitals, outpatient facilities, and advanced practice providers. The company offers various insurance products, such as medical professional liability insurance and employer stop loss solutions, aimed at protecting healthcare providers from potential risks. Beyond insurance, Coverys emphasizes risk mitigation through advanced analytics and educational programs, helping clients navigate the complexities of patient safety and operational challenges. Their commitment to the healthcare community is further demonstrated through the Coverys Community Healthcare Foundation, which has contributed significantly to initiatives that promote patient safety and support healthcare organizations. Coverys is rated 'A' (Excellent) by A.M. Best, reflecting its financial strength and reliability in the industry.

5. Mass Advantage

• Website: massadvantage.com
• Ownership type: Private
• Headquarters: Worcester, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2021
• Headcount: 51-200
• LinkedIn: mass-advantage

Mass Advantage, founded in 2021 and based in Worcester, Massachusetts, operates as a private health insurance provider specializing in Medicare Advantage plans. The company offers a variety of services, including Health Maintenance Organization (HMO) and Preferred Provider Organization (PPO) plans, along with pharmacy benefits and member support through dedicated navigators. Mass Advantage primarily serves Medicare beneficiaries, helping them navigate their healthcare options and ensuring they receive coordinated care through partnerships with healthcare providers. Their unique relationship with UMass Memorial Health allows for streamlined access to care, minimizing barriers for members. The company emphasizes local support, providing personalized assistance to help members understand their benefits and access necessary services. With a focus on quality and member satisfaction, Mass Advantage is positioned to make a significant impact in the healthcare insurance market.

6. Health Plans, Inc.

• Website: hpitpa.com
• Ownership type: Private
• Headquarters: Westborough, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1981
• Headcount: 201-500
• LinkedIn: health-plans-inc.

Health Plans, Inc. (HPI), based in Westborough, Massachusetts, is a private health insurance provider founded in 1981. The company specializes in self-funded health plans and benefit administration, offering customized solutions to employers and benefits brokers. HPI's services are designed to help clients manage healthcare costs effectively while enhancing employee satisfaction through innovative health plan designs. Their offerings include consumer-driven health plans, level-funded health plans, and reference-based pricing, all tailored to meet the unique needs of their clients. HPI serves a national clientele, leveraging advanced analytics to identify cost drivers and create strategies that empower employers. The company is also committed to community service, having donated significant resources to various charitable organizations, which underscores their dedication to social responsibility in addition to their business objectives.

7. Assured Allies

• Website: assuredallies.com
• Ownership type: Private Equity
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: Israel 60%, United States (USA) 40%
• Latest funding: Series B, $42.5M, March 2023
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: assuredallies

Assured Allies, founded in 2017 and based in Boston, Massachusetts, is a healthcare technology firm dedicated to enhancing the aging experience for individuals and families. The company offers innovative solutions like AgeAssured and NeverStop, which are tailored to assist older adults in managing their health and well-being as they age. By leveraging data science and personalized technology, Assured Allies provides actionable insights and interventions that empower users to age successfully and independently. Their services are particularly aimed at long-term care insurance policyholders, helping them navigate the complexities of aging while minimizing the risk of future claims for insurers. Recently, Assured Allies secured $42.5 million in Series B funding, underscoring their growth potential and commitment to addressing the challenges of an aging population. With a workforce that is primarily distributed between the United States and Israel, the company is positioned to collaborate with various stakeholders in the healthcare ecosystem, including insurers and care providers, to foster a supportive environment for aging individuals.

8. eternalHealth, The Next Generation of Medicare Advantage

• Website: eternalhealth.com
• Ownership type: Venture Capital
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: Series A, $10.0M, January 2022
• Founded year: 2019
• Headcount: 11-50
• LinkedIn: eternalhealth1

eternalHealth, founded in 2019 and based in Boston, Massachusetts, is a healthcare provider specializing in Medicare Advantage plans. The company aims to make healthcare more accessible and affordable for Medicare recipients. Their plans feature benefits such as $0 primary care and specialist visits, dental allowances, and transportation to medical appointments. These services are designed to improve the overall quality of life for their members. With a focus on customer experience, eternalHealth emphasizes personalized care and support, ensuring that members can navigate their healthcare needs effectively. The company has attracted $10 million in Series A funding as of January 2022, reflecting a strong interest from investors in their approach to the Medicare market. As they expand their service areas, including Massachusetts and Arizona, eternalHealth is positioning itself as a notable contender in the Medicare Advantage sector.

9. Wellfleet

• Website: wellfleetinsurance.com
• Ownership type: Private
• Headquarters: Springfield, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1993
• Headcount: 201-500
• LinkedIn: wellfleetinsurance

Wellfleet, founded in 1993 and headquartered in Springfield, Massachusetts, operates as a private insurance company under the Berkshire Hathaway umbrella. Initially known as Consolidated Health Plans, Wellfleet has carved out a niche in the accident and health insurance sector. The company offers a range of products, including student health insurance, workplace benefits, and specialized risk coverage. Wellfleet serves educational institutions and employers, helping them navigate health-related financial challenges. Their innovative approach includes a pharmacy solution tailored for college students, showcasing their commitment to addressing specific market needs. Wellfleet's operational integrity is underscored by their A++ financial strength rating from A.M. Best, reflecting their stability and reliability in the insurance market. The company also engages in community philanthropy, supporting local initiatives that enhance health and well-being, further embedding them in the healthcare ecosystem.

10. Consolidated Health Plans | CHP

• Website: consolidatedhealthplan.com
• Ownership type: Private
• Headquarters: Springfield, Massachusetts, United States (USA)
• Founded year: 1993
• Headcount: 51-200
• LinkedIn: consolidated-health-plans

Consolidated Health Plans, now operating under the name Wellfleet, was founded in 1993 and is headquartered in Springfield, Massachusetts. The company specializes in providing accident and health insurance solutions, with a strong focus on student health insurance and workplace benefits. Wellfleet serves a variety of clients, including educational institutions and businesses, ensuring that their members and employees have access to comprehensive health coverage. The company has developed a reputation for quality service and ethical practices, which are central to their mission of protecting individuals against risk throughout their lives. Wellfleet's product offerings include student health plans, critical illness insurance, accident coverage, and pharmacy solutions, tailored to meet the unique needs of their clientele. Their acquisition by Berkshire Hathaway has further solidified their position in the market, allowing them to expand their reach and enhance their service offerings.

11. Engooden Health

• Website: engooden.com
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 83%, South Africa 17%
• Founded year: 2016
• Headcount: 51-200
• LinkedIn: cohort-ai

Engooden Health, founded in 2016 and based in Boston, Massachusetts, is a private healthcare service provider that focuses on chronic care management and patient engagement. The company employs a technology-driven model to assist patients in managing chronic conditions and navigating the complexities of the healthcare system. Engooden's services are designed to enhance the quality of care by providing consistent, trust-based engagement between patients and their healthcare providers. They cater to a range of clients, including patients, health systems, payers, and physician practices, all aiming to improve health outcomes and care management efficiency. Engooden's care navigators play a crucial role in this process, helping patients address both clinical and non-clinical barriers to care. Their approach is particularly relevant in light of the increasing number of patients with chronic diseases and the ongoing physician shortage, making their services essential for effective healthcare delivery.

12. Wellpoint Group (formerly UniCare)

• Website: wellpointmass.com
• Ownership type: Private
• Headquarters: Andover, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1988
• Headcount: 201-500
• LinkedIn: unicarema

Wellpoint Group, formerly known as UniCare, is a private health insurance provider based in Andover, Massachusetts. Founded in 1988, the company has built a reputation for delivering health plans tailored to the needs of public servants and their families. Wellpoint offers a range of health insurance options, including Total Choice, PLUS, Community Choice, and Medicare Extension, primarily targeting members of the Group Insurance Commission in Massachusetts. The company emphasizes comprehensive health coverage and support services, ensuring that its members receive the care they need. With a workforce of 201-500 employees, Wellpoint operates solely within the United States, reflecting its focus on the local market. As of now, there is no reported funding, indicating that the company has been self-sustaining since its inception. Wellpoint's commitment to public service employees and their families positions it as a significant player in the Massachusetts healthcare market.

13. HealthDrive Corporation

• Website: healthdrive.com
• Ownership type: Private Equity
• Headquarters: Framingham, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: August 2023
• Founded year: 1989
• Headcount: 501-1000
• LinkedIn: healthdrive-corp

HealthDrive Corporation, based in Framingham, Massachusetts, is a healthcare provider that specializes in on-site medical, dental, and mental health services tailored for long-term care facilities. Established in 1989 by healthcare professionals, the company recognized the need for improved healthcare services in nursing homes and similar settings. Over the years, HealthDrive has built a network of over 300 medical and dental professionals, providing care to more than 2,500 facilities across the United States. They conduct upwards of 700,000 patient encounters each year, focusing on enhancing the quality of life and health outcomes for residents. HealthDrive's services include primary care, dental care, optometry, podiatry, audiology, and mental health support, all designed to meet the unique needs of the elderly population. The company prides itself on employing advanced technology and offering comprehensive administrative support to its providers, allowing them to concentrate on patient care.

14. LifePlans, Inc.

• Website: lifeplansinc.com
• Ownership type: Corporate
• Headquarters: Waltham, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: August 2017
• Founded year: 1987
• Headcount: 51-200
• LinkedIn: lifeplans-inc.

LifePlans, Inc., based in Waltham, Massachusetts, is a health insurance services company that specializes in providing innovative risk management solutions tailored for health insurers and long-term care providers. Founded in 1987, the company has developed a robust portfolio of services aimed at improving health outcomes and enhancing business performance. LifePlans offers health risk assessments, care management, and fall prevention programs, which are critical in addressing the needs of aging populations and those requiring long-term care. With a national clinical network of over 4,000 nurses, LifePlans conducts telephonic assessments and in-person evaluations to support underwriting and claims processes. The company has a proven history of conducting millions of assessments annually, demonstrating its significant role in the healthcare ecosystem. LifePlans is dedicated to evidence-based practices and quality assurance, ensuring that their clients receive the highest standard of service and support.

15. Medically Home

• Website: medicallyhome.com
• Ownership type: Corporate
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Latest funding: March 2025
• Founded year: 2017
• Headcount: 51-200
• LinkedIn: medicallyhome

Medically Home, founded in 2017 and based in Boston, Massachusetts, is a healthcare provider that specializes in delivering advanced medical services to patients with serious and complex illnesses in their own homes. The company operates a decentralized care model, which allows healthcare providers to offer hospital-level care outside traditional facilities. This innovative approach utilizes telemedicine and a proprietary platform known as the 'Chassis' to ensure comprehensive, safe, and cost-effective care 24/7. Medically Home collaborates with health systems to manage patient referrals and care protocols, aiming to enhance patient experiences and outcomes. Their model has shown to reduce healthcare costs significantly while improving the quality of care. Medically Home is committed to making healthcare accessible to all, particularly for historically underserved populations, and has established a network of partners to support its mission. The company has not reported any funding as of now, indicating a self-sustaining operational model or reliance on internal resources for growth.

16. Mill City Medical Group, LTD

• Website: millcitymed.com
• Ownership type: Private
• Headquarters: Lowell, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 2003
• Headcount: 11-50
• LinkedIn: mill-city-medical-group-ltd

Mill City Medical Group, LTD, founded in 2003 and based in Lowell, Massachusetts, is a private healthcare provider specializing in primary care services. With a team of dedicated professionals, they offer a range of medical services tailored to the needs of women, men, seniors, and adolescents. Their patient care team model ensures that patients receive coordinated and comprehensive care, enhancing the overall healthcare experience. The group emphasizes the importance of patient-doctor relationships, clinical excellence, and affordability. They have also made strides in technology adoption, including telemedicine and on-site lab services, to streamline patient care. Mill City Medical has been recognized by the community for its quality service, being voted the Best Medical Practice in Lowell. Their commitment to health investment programs and senior care further demonstrates their proactive approach to healthcare management.

17. HSA Insurance

• Website: hsainsurance.com
• Ownership type: Private
• Headquarters: Braintree, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 92%, Ghana 8%
• Founded year: 1969
• Headcount: 51-200
• LinkedIn: health-services-administrators

HSA Insurance, based in Braintree, Massachusetts, has been a prominent player in the health and dental insurance market since its founding in 1969. The company specializes in providing tailored insurance solutions for individuals, families, and small businesses, primarily within Massachusetts. HSA Insurance prides itself on simplifying the complexities of health insurance, making it more accessible and affordable for its clients. They offer a range of products and services, including Individual Coverage Health Reimbursement Arrangements (ICHRA), which allow employees to choose their own health plans. The company is also active in advocating for lower-cost insurance options and participates in community boards to support its clientele. With a dedicated customer service team and a focus on local representation, HSA Insurance aims to meet the unique needs of its customers while fostering strong relationships with brokers and clients alike.

18. Decimal.health

• Website: decimal.health
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 85%, India 15%
• Founded year: 2020
• Headcount: 11-50
• LinkedIn: decimalhealth

Decimal.health is a Boston-based consulting firm founded in 2020, specializing in digital health innovation. With a team of 26 professionals, the company offers tailored consulting services to health systems, startups, and pharmaceutical companies. Their expertise lies in helping clients navigate the complexities of regulatory requirements, develop effective go-to-market strategies, and implement innovative digital health solutions. The firm is physician-led, founded by a primary care doctor with over a decade of experience in digital health. Decimal.health has successfully supported numerous organizations in enhancing patient care and operational efficiency through their strategic consulting services. They also facilitate an open innovation network called Decimal Constellation, which connects health systems with digital health solutions and venture capital firms to accelerate the adoption of digital health technologies. Their approach is grounded in real-world relevance, ensuring that the strategies they craft are practical and impactful for their clients.

19. Cigna Insurance

• Website: cignainsurance.co.uk
• Ownership type: Private
• Headquarters: Plymouth, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 51%, Thailand 24%, New Zealand 24%
• Founded year: 2013
• Headcount: 1-10
• LinkedIn: cigna-insurance

Cigna Insurance, founded in 2013 and based in Plymouth, Massachusetts, is a private health insurance provider. The company specializes in a range of health and dental insurance products aimed at enhancing employee well-being. Cigna serves both businesses and individual consumers, focusing on solutions for globally mobile employees. Their offerings include international health insurance plans and digital health improvement tools, such as the Cigna Wellbeing® app, which supports users in managing their health. Cigna's employee geo distribution indicates a significant presence in the United States, Thailand, and New Zealand, reflecting their international reach. Despite not having reported any funding, Cigna continues to operate actively in the healthcare sector, promoting health improvement and wellness initiatives.

20. Amwell Medical Group

• Website: americanwell.com
• Ownership type: Private
• Headquarters: Boston, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 97%, United Kingdom (UK) 3%
• Founded year: 2012
• Headcount: 51-200
• LinkedIn: online-care-group

Amwell Medical Group, founded in 2012 and based in Boston, Massachusetts, is a private healthcare technology company that specializes in hybrid care solutions. Their flagship platform, Amwell Converge™, integrates in-person, virtual, and automated care, aiming to improve patient outcomes and streamline healthcare delivery. The company serves a variety of clients, including healthcare providers, payers, and educational institutions, by creating a connected ecosystem of care. With a workforce of approximately 145 employees, Amwell has established itself as a significant player in the telehealth sector, facilitating over 100,000 visits in 2023 alone. Their solutions address critical needs in the healthcare system, such as improving access to care and enhancing the patient experience. Amwell's commitment to innovation and efficiency positions it as a relevant and active participant in the healthcare industry.

21. Hawthorn Medical Associates

• Website: hawthornmed.com
• Ownership type: Private
• Headquarters: Dartmouth, Massachusetts, United States (USA)
• Employee distribution: United States (USA) 100%
• Founded year: 1970
• Headcount: 501-1000
• LinkedIn: hawthorn-medical-associates

Hawthorn Medical Associates is a private healthcare provider located in Dartmouth, Massachusetts, established in 1970. The organization offers a broad spectrum of medical services, including preventive care, diagnostic testing, and specialty care, catering to the health needs of individuals and families in the local community. With a workforce of approximately 500 to 1,000 employees, Hawthorn Medical operates with a patient-centered approach, ensuring that quality healthcare is accessible to all. The practice boasts state-of-the-art facilities equipped with advanced medical technology, enabling accurate diagnoses and effective treatments. Their extensive range of services includes over 20 medical specialties, from cardiology to pediatrics, and they are committed to enhancing the continuity of care for their patients. Furthermore, Hawthorn Medical actively engages with the community by offering scholarships to high school seniors pursuing careers in healthcare, reflecting their investment in the future of the industry.

22. eClinicalWorks

• Website: eclinicalworks.com
• Ownership type: Corporate
• Headquarters: Westborough, Massachusetts, United States (USA)
• Employee distribution: India 79%, United States (USA) 21%
• Latest funding: $2.2M, October 2022
• Founded year: 1999
• Headcount: 1001-5000
• LinkedIn: eclinicalworks

eClinicalWorks, founded in 1999 and headquartered in Westborough, Massachusetts, is a healthcare IT provider specializing in electronic health records (EHR) and related services. The company offers a range of solutions designed to enhance patient engagement, streamline revenue cycle management, and improve overall healthcare delivery. With a workforce of approximately 6,000 employees, eClinicalWorks serves a broad spectrum of healthcare providers, including physicians and medical facilities, who rely on their software for efficient management of patient information and billing processes. The company has made significant strides in integrating AI into its offerings, such as the Sunoh.ai medical scribe, which aims to reduce physician burnout and improve documentation efficiency. eClinicalWorks is privately held and has demonstrated a strong commitment to innovation and excellence in healthcare IT, making it a notable entity in the industry.

Healthcare Companies Insights: Key Companies in Massachusetts

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