1315 Capital Acquires Majority Stake In Homestead Smart Health Plans, An Employer-Focused Health Care Cost Containment Company

1315 Capital, a Philadelphia-based health care growth equity firm acquired a majority interest in Homestead Smart Health Plans (Homestead), which provides reference pricing and health plan administration for self-funded employer health plans. Homestead provides a proprietary technology platform and service offerings, which include third-party administration, reference-based pricing, and stop-loss insurance. Bill Green will continue to serve as chief executive officer of Homestead Smart Health Plan.

1315 Capital invests in commercial stage companies across health care services, medical devices, and therapeutics/pharmaceutical services. It is joined in this investment by MoonSail Capital. Together they will provide . . .