Insight Partners Invests $92 Million in Health Services Company

The deal values Employer Direct Healthcare at $1 billion.

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Insight Partners is investing $92 million in health-care services company Employer Direct Healthcare, or EDH, in a deal that values the health company at $1 billion.

Insight is buying the shares from earlier investors of EDH, which had previously been valued at $300 million. The Dallas-based company has about 400 employees and has worked with patients on about 43,000 surgeries since it was founded 12 years ago.