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Healthcare Associates of Texas

Full company profile

uuid000aois

Namestring
Healthcare Associates of Texas
Legal namestring
WellMed Medical Management Inc.
Company typeenum
Private
Founded yearint
1990
Descriptiontext

Healthcare Associates of Texas (HCAT) is a Texas-based physician practice management company founded in 1991, headquartered in Irving, and serving Medicare beneficiaries through coordinated primary care. Its clinical stack spans in-person care, extended-hours clinics, transitional care, specialist referrals, clinical program services, and telehealth-enabled video visits, with operational support from a patient portal and bill-pay system. The company also runs community-facing wellness assets — an "Age Healthy Now" health content blog, a "Docs in a Pod" podcast, social media channels, and the WellMed Charitable Foundation — to engage seniors and caregivers beyond the clinic.

HCAT operates exclusively on a value-based, Medicare-reimbursement revenue model: the practice accepts multiple Medicare Advantage and Medicare plans, and revenue is generated per-member-per-month capitation and fee-for-service reimbursement. Pricing is determined by individual Medicare plans rather than publicly disclosed; HCAT is reimbursed for healthcare services delivered to enrolled Medicare beneficiaries. The go-to-market relies on a broker network for plan enrollment, provider referrals, and direct patient outreach through clinic locations and a regional clinic footprint covering Texas and Florida via its WellMed network. Marketing leverages content, podcasts, community events, and earned media to drive top-of-funnel awareness.

As of 2025, HCAT was merged into WellMed Medical Management Inc. alongside USMD, formalizing a multi-state Medicare-focused delivery platform. Past inorganic activity includes the March 2017 acquisition of McKinney Family Healthcare for an undisclosed sum. Walter Gaman is named as Executive Chairman and Founding Partner. The entity now operates as a subsidiary within WellMed rather than as an independently reporting business.

Short descriptiontext

Healthcare Associates of Texas is an Irving-based physician practice management group delivering value-based primary care to Medicare beneficiaries across Texas and Florida; since 2025 it operates as a subsidiary of WellMed Medical Management Inc., serving seniors through in-person clinics, virtual visits, transitional care, and a broker-driven plan enrollment channel.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersIrving, United States
HQ citystring
Irving
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
primary care services, Medicare health plans, physician practice management, senior preventive care, value-based healthcare
Industry1 code
1Primary Care & General Medicine Virtual Care
CodeHLALAAAAPrimaryYes
NAICS code1 code
  • Offices of Physicians (except Mental Health Specialists)621111
SIC code1 code
  • Services-Offices & Clinics Of Doctors Of Medicine8011
Product category
Physician Practice Management
Revenue model1 record
1Medicare insurance payments
TypeSubscription Recurring
Description

Revenue generated through Medicare Advantage and Medicare plans. WellMed accepts various Medicare insurance plans and receives reimbursement for healthcare services provided to Medicare beneficiaries.

wellmedhealthcare.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Healthcare Associates of Texas is a physician practice management company that operates a network of primary care clinics delivering personalized, prevention-focused medical care to Medicare beneficiaries in Texas and Florida (now under WellMed Medical Management Inc.). Its service portfolio spans in-person primary care, extended-hours clinic access, transitional care coordination, specialist referrals, and clinical program services, complemented by virtual video visits and a patient portal for remote access.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Healthcare Associates of Texas, now part of WellMed Medical Management Inc., operates as a healthcare provider network offering integrated medical services for Medicare patients in Texas and Florida. The portfolio consists of in-person clinical services (Transitional Care, Extended Hours Clinics, Clinical Program Services, Specialist referrals) and digital health offerings (Virtual Video Visits, Patient Portal, Bill Pay). Wellness and education resources include the Age Healthy Now blog and Docs in a Pod podcast. Support services encompass the WellMed Charitable Foundation and Economic Security Assistance programs.

Product and service8 records
1Virtual Video Visits
CategoryTelemedicine / Virtual Care
Description

Telemedicine service that allows patients to access WellMed healthcare clinicians virtually for remote consultations and ongoing care, intended for Medicare beneficiaries and other patients in the network.

2Patient Portal
CategoryDigital Patient Services
Description

Online platform that enables patients to access their health records, communicate with care teams, and manage appointments.

3Transitional Care
CategoryCare Coordination
Description

Care coordination service supporting patients as they transition between healthcare settings (e.g., hospital to home), ensuring continuity of care.

4Extended Hours Clinics
CategoryPrimary Care Clinics
Description

Healthcare facilities offering appointments outside standard business hours to accommodate patient scheduling needs.

5Clinical Program Services
CategoryClinical Programs
Description

Nursing and clinical support services providing specialized care programs for patients.

6Specialists for Health
CategorySpecialist Referrals
Description

Referral coordination service connecting patients with medical specialists as needed.

7Bill Pay
CategoryPatient Financial Services
Description

Online payment system allowing patients to pay medical bills electronically.

8Economic Security Assistance
CategoryPatient Support Services
Description

Resource program providing economic security assistance to eligible patients.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

USMD and Healthcare Associates of Texas have merged into WellMed Medical Management Inc., forming a unified healthcare delivery network. The acquisition brings together HCAT's Texas-based medical practices with WellMed's existing Medicare-focused healthcare delivery system serving Texas and Florida.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Market position
Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Healthcare Associates of Texas

Physician Practice Managementhealthcareassociates.com

Healthcare Associates of Texas is an Irving-based physician practice management group delivering value-based primary care to Medicare beneficiaries across Texas and Florida; since 2025 it operates as a subsidiary of WellMed Medical Management Inc., serving seniors through in-person clinics, virtual visits, transitional care, and a broker-driven plan enrollment channel.

What Healthcare Associates of Texas does

Healthcare Associates of Texas (HCAT) is a Texas-based physician practice management company founded in 1991, headquartered in Irving, and serving Medicare beneficiaries through coordinated primary care. Its clinical stack spans in-person care, extended-hours clinics, transitional care, specialist referrals, clinical program services, and telehealth-enabled video visits, with operational support from a patient portal and bill-pay system. The company also runs community-facing wellness assets — an "Age Healthy Now" health content blog, a "Docs in a Pod" podcast, social media channels, and the WellMed Charitable Foundation — to engage seniors and caregivers beyond the clinic.

HCAT operates exclusively on a value-based, Medicare-reimbursement revenue model: the practice accepts multiple Medicare Advantage and Medicare plans, and revenue is generated per-member-per-month capitation and fee-for-service reimbursement. Pricing is determined by individual Medicare plans rather than publicly disclosed; HCAT is reimbursed for healthcare services delivered to enrolled Medicare beneficiaries. The go-to-market relies on a broker network for plan enrollment, provider referrals, and direct patient outreach through clinic locations and a regional clinic footprint covering Texas and Florida via its WellMed network. Marketing leverages content, podcasts, community events, and earned media to drive top-of-funnel awareness.

As of 2025, HCAT was merged into WellMed Medical Management Inc. alongside USMD, formalizing a multi-state Medicare-focused delivery platform. Past inorganic activity includes the March 2017 acquisition of McKinney Family Healthcare for an undisclosed sum. Walter Gaman is named as Executive Chairman and Founding Partner. The entity now operates as a subsidiary within WellMed rather than as an independently reporting business.

Healthcare Associates of Texas firmographics

Firmographics
Name
Healthcare Associates of Texas
Legal name
WellMed Medical Management Inc.
Website
https://healthcareassociates.com
Company type
Private
Founded year
1990
Operating status
Acquired
Headcount range
251–500 employees
Short description
Healthcare Associates of Texas is an Irving-based physician practice management group delivering value-based primary care to Medicare beneficiaries across Texas and Florida; since 2025 it operates as a subsidiary of WellMed Medical Management Inc., serving seniors through in-person clinics, virtual visits, transitional care, and a broker-driven plan enrollment channel.
Ownership category
akta.pro rank

Healthcare Associates of Texas industry classification

Industry
Product category
Physician Practice Management
NAICS
Offices of Physicians (except Mental Health Specialists) (621111)
SIC
Services-Offices & Clinics Of Doctors Of Medicine (8011)
akta.pro primary industry
Primary Care & General Medicine Virtual Care (HLALAAAA)

Keywords

  • Primary care services
  • Medicare health plans
  • Physician practice management
  • Senior preventive care
  • Value-based healthcare

Where Healthcare Associates of Texas is headquartered

Location

Headquarters

HQ city
Irving
HQ country
United States
HQ region
North America

Markets served

Healthcare Associates of Texas business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Medicare insurance payments: Revenue generated through Medicare Advantage and Medicare plans. WellMed accepts various Medicare insurance plans and receives reimbursement for healthcare services provided to Medicare beneficiaries.

Distribution channels4 records

Marketing channels5 records

Healthcare Associates of Texas product offering

Product offering

Core offering

Healthcare Associates of Texas is a physician practice management company that operates a network of primary care clinics delivering personalized, prevention-focused medical care to Medicare beneficiaries in Texas and Florida (now under WellMed Medical Management Inc.). Its service portfolio spans in-person primary care, extended-hours clinic access, transitional care coordination, specialist referrals, and clinical program services, complemented by virtual video visits and a patient portal for remote access.

Product overview

Healthcare Associates of Texas, now part of WellMed Medical Management Inc., operates as a healthcare provider network offering integrated medical services for Medicare patients in Texas and Florida. The portfolio consists of in-person clinical services (Transitional Care, Extended Hours Clinics, Clinical Program Services, Specialist referrals) and digital health offerings (Virtual Video Visits, Patient Portal, Bill Pay). Wellness and education resources include the Age Healthy Now blog and Docs in a Pod podcast. Support services encompass the WellMed Charitable Foundation and Economic Security Assistance programs.

Differentiator

Problem solved

Functional benefit

Products and services

  • Virtual Video Visits Telemedicine service that allows patients to access WellMed healthcare clinicians virtually for remote consultations and ongoing care, intended for Medicare beneficiaries and other patients in the network.
  • Patient Portal Online platform that enables patients to access their health records, communicate with care teams, and manage appointments.
  • Transitional Care Care coordination service supporting patients as they transition between healthcare settings (e.g., hospital to home), ensuring continuity of care.
  • Extended Hours Clinics Healthcare facilities offering appointments outside standard business hours to accommodate patient scheduling needs.
  • Clinical Program Services Nursing and clinical support services providing specialized care programs for patients.
  • Specialists for Health Referral coordination service connecting patients with medical specialists as needed.
  • Bill Pay Online payment system allowing patients to pay medical bills electronically.
  • Economic Security Assistance Resource program providing economic security assistance to eligible patients.

Companies that use Healthcare Associates of Texas

Customer profile

Segments1 record

Ideal customer profiles1 record

Healthcare Associates of Texas technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Healthcare Associates of Texas partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • WellMed Medical Management Inc.coreStrategic or Co-development Partner · 1 January 2025USMD and Healthcare Associates of Texas have merged into WellMed Medical Management Inc., forming a unified healthcare delivery network. The acquisition brings together HCAT's Texas-based medical practices with WellMed's existing Medicare-focused healthcare delivery system serving Texas and Florida.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Healthcare Associates of Texas competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Healthcare Associates of Texas social profiles

Digital presence

Healthcare Associates of Texas financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Healthcare Associates of Texas leadership team

Management profile

Number of profiles

Profiles1 record

Healthcare Associates of Texas funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Healthcare Associates of Texas M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Healthcare Associates of Texas

What does Healthcare Associates of Texas do?

Healthcare Associates of Texas is a physician practice management company that operates a network of primary care clinics delivering personalized, prevention-focused medical care to Medicare beneficiaries in Texas and Florida (now under WellMed Medical Management Inc.). Its service portfolio spans in-person primary care, extended-hours clinic access, transitional care coordination, specialist referrals, and clinical program services, complemented by virtual video visits and a patient portal for remote access.

Is Healthcare Associates of Texas a public or private company?

Healthcare Associates of Texas is a private company. It is classified as corporate owned and is currently acquired.

When was Healthcare Associates of Texas founded?

Healthcare Associates of Texas was founded in 1990. It employs 251 to 500 people.

Where is Healthcare Associates of Texas based?

Healthcare Associates of Texas is headquartered in Irving, United States, in the North America region.

How does Healthcare Associates of Texas make money?

One revenue line is on record: medicare insurance payments.

Does Healthcare Associates of Texas have an API?

No public API is recorded for Healthcare Associates of Texas.

What industry is Healthcare Associates of Texas in?

Healthcare Associates of Texas's product category is Physician Practice Management. Its primary akta.pro industry code is HLALAAAA, Primary Care & General Medicine Virtual Care. Its NAICS code is 621111 and its SIC code is 8011.

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Live signals
FierceHealthcareOptum's buying streak continues with acquisition of Healthcare Associates of Texas: reportOptum is acquiring Healthcare Associates of Texas (HCAT) from Webster Equity Partners in a deal valued at $300 million, expanding its presence in the Dallas-Fort Worth area. This transaction continues UnitedHealth Group's aggressive acquisition strategy, which includes pending deals for LHC Group and Kelsey-Seybold Clinic alongside ongoing legal battles over the Change Healthcare acquisition.PR NewswireYext Answers Gives Businesses a New Weapon to Fight Misinformation OnlineYext, Inc. announced the launch of Yext Answers, a new search product for business websites built on a knowledge graph that enables brands to deliver accurate, real-time answers to customer queries directly on their sites. During the beta period, brands including Three UK, BBVA USA, IHA, and Healthcare Associates of Texas tested the platform to improve customer experience and drive more business through on-site search functionality. Yext positions this product as helping brands combat misinformation by providing verified answers directly to consumers wherever they are searching.PR NewswireAlcentra Capital Corporation Provides $8.5 Million to Healthcare Associates of Texas, Inc.Alcentra Capital Corporation provided $8.5 million in financing to Healthcare Associates of Texas, Inc. to support the company's acquisition by Webster Capital. HCAT is an integrated physician practice group founded in 1991, headquartered in Irving, Texas, providing primary care and multi-specialty services in the Dallas-Fort Worth area. Alcentra is an externally-managed closed-end investment company regulated as a business development company.