The Carlyle Group Invests $175 Million In Virtual Health Care Company Grand Rounds

On September 9, 2020, The Carlyle Group invested $175 million in Grand Rounds, which provides virtual health care clinical navigation services and telemedicine to people covered by self-insured employers. Grant Rounds currently covers 6 million lives across more than 130 large, self-insured employers. It intends to use the investment to accelerate clinical navigation and virtual primary care.

Grand Rounds launched in 2011 to facilitate second opinions for consumers by virtually connecting them with top-ranked medical experts. In 2020, Grand Rounds launched several new virtual offerings to enable access to high-quality care during the coronavirus disease 2019 . . .