Expansion of Healthcare Funding Partners
Healthcare Funding Partners (HFP) has made a significant move in the insurance landscape by acquiring GetMeHealthcare, a prominent player in the insurance sector known for its innovative strategies. This acquisition not only solidifies GetMeHealthcare’s role within HFP but also positions the company as a leader in transforming how insurance is marketed and sold in the United States.
The Strategic Move
The acquisition is a result of a strategic refinancing initiative by HFP, supported by notable financial entities like J.P. Morgan and Citi. This new credit facility empowers HFP to tap into high-growth investment opportunities across various sectors, including healthcare, life, and auto insurance while also paving the way for expansion into further insurance markets shortly.
“By incorporating GetMeHealthcare’s robust sales and marketing capabilities, we can better serve our clients while maintaining a high level of operational excellence,” said Michael Hilf, CEO of HFP. The acquisition adds a considerable physical presence with over 50,000 square feet of office space distributed across various states, alongside a well-established infrastructure that aims to ensure compliance effectively. This enables thousands of licensed agents to provide an enhanced service to customers nationwide.
Vision for the Future
HFP CEO Michael Hilf emphasizes that the acquisition is about more than just numbers; it’s about aligning values and fostering innovation. He adds, “The team at GetMeHealthcare operates with integrity and is focused on progress, utilizing proprietary AI technologies to set industry benchmarks.” The leadership of both companies shares a vision that intertwines technology advancement with customer service, emphasizing the growing need for modern solutions in insurance.
Michael Tobias, the CEO of GetMeHealthcare, shared his insights on the merger stating, “This partnership aligns perfectly with our values, and it propels our national scaling strategy. We’re excited to explore new insurance lines together.” With plans to deliver life and auto insurance products swiftly, this partnership is strategically poised to lead the way in the industry's digital transformation.
Transforming Insurance Distribution
HFP is committed to modernizing the insurance landscape through technology and collaboration with strategic partners. By integrating GetMeHealthcare into its fold, HFP reaffirms its dedication to improving customer experiences and ensuring the distribution of insurance products is both efficient and innovative. The acquisition reflects a mutual commitment to growth, cultural synergy, and entrepreneurial spirit, promising significant changes in how insurance services are delivered on a national scale.
About Healthcare Funding Partners (HFP)
Founded to act as a strategic insurance investment platform, HFP collaborates with rapidly growing insurance firms across the U.S. by merging capital, operational support, and advanced technology to create scalability and lasting value for the insurance industry.
About GetMeHealthcare
GetMeHealthcare stands out as a nationwide insurance agency with its unique approach to AI integration and compliance, making strides in the health insurance market while rapidly expanding into adjacent lines of coverage.
For additional information, please reach out to:
Investor Relations:
- - Michael S. Hilf (CEO) – [email protected] | (646) 415-2223
- - Chad I. Sokoloff (COO) – [email protected] | (352) 219-7191
This acquisition marks a new chapter not just for both companies but also for the insurance industry as a whole, promising a future characterized by innovation and a customer-centric approach.