Grupo Read

What Grupo Read does

Grupo Read is a privately held Dominican family-owned holding company founded in 1926 and headquartered in Santo Domingo, now operating across 10 subsidiaries with 800+ employees and more than 40 branches nationwide. Through its integrated health ecosystem branded "Vital," the group delivers primary care (Punto Médico/Khersun), dental services (Salud Bucal), pharmaceutical benefit management (Farmacard), emergency medical services and ambulance operations (ProMed), specialized outpatient medicine (Red Médica Dominicana), and ophthalmology (Clínica Oftalmológica de Santo Domingo), complemented by a marine dealership (Read Marine Group) and a business incubator (Incube). The business serves the Dominican social security system via capitated contracts with SeNaSa and other ARS administrators - covering subsidized regime beneficiaries through 35+ primary care centers, 17 affiliated centers, and 18 corporate dispensaries - while also distributing prepaid consumer plans (MEDICARD) through insurers and retail partners, and operating a 1,000+ pharmacy network processing over 635,000 daily transactions.

The company monetizes primarily through per-capita subscription contracts (government-subsidized regime members, ARS-covered affiliates, employer groups, and individual MEDICARD subscribers), supplemented by managed services revenue from pharmaceutical benefit administration and event-based revenue from emergency/ambulance and per-event contracts. Its proprietary MEDIPRO digital clinical platform provides unified electronic medical records and real-time patient traceability across the network, while specialized clinical assets include B-safe antibacterial dental equipment and AHA-accredited emergency training programs. Reported scale milestones exceed 2 million annual primary care attendances, 1.2 million+ people impacted annually, and a 40%+ reduction in medication spending during Farmacard's first SeNaSa contract period.

Grupo Read's go-to-market combines enterprise B2B2C capitated contracts with government and ARS payers, direct corporate sales for emergency services and training, and consumer-direct prepaid plans distributed through insurance and retail channels (Humano Seguros, Leidsa, Disashop, 500+ points of sale). The group's competitive position rests on the largest physical-plus-digital health network in the Dominican Republic, MISPAS-enabled and SeNaSa/SISALRIL-audited facilities, four generations of family ownership, and recent industry recognition including the 2025 Cannes Lions Dominicana Health Company of the Year award and the first Dominican inclusion in Deloitte's MECA 2024 list.

Name

Grupo Read

Legal name

Grupo Read

Website

https://gruporead.com

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Grupo Read is a fourth-generation, family-owned Dominican healthcare holding founded in 1926, operating the largest integrated physical-and-digital health network (Vital) in the Dominican Republic through capitated contracts with SeNaSa/ARS and consumer prepaid plans, delivering primary care, dental, pharmacy, emergency, and specialty services to over 1.2 million people annually.

Ownership category

akta.pro rank

Product category

Integrated Healthcare Services

NAICS

Offices of All Other Miscellaneous Health Practitioners (621399)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011)

akta.pro primary industry

Virtual Nursing, Telemonitoring & Command Center Platforms (HLACAFAH)

akta.pro secondary industry

Long-Term Care (LTC) & Skilled Nursing Facility Pharmacies (HLAFALAF)

Keywords

• Integrated healthcare services
• Capitated health plans
• Pharmaceutical benefit management
• Emergency medical services
• Primary care clinics

Headquarters

HQ city

Santo Domingo

HQ country

Dominican Republic

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Capitated Health Plans (Punto Médico / Khersun): Per-capita payments from SeNaSa and other ARS for providing primary care services to enrolled beneficiaries. Services include preventive medicine, specialized medicine, occupational medicine, early diagnosis, and chronic disease follow-up through 35+ owned centers, 17 affiliated centers, and 18 corporate dispensaries.
2. Pharmaceutical Benefit Management (Farmacard): Administration of ambulatory medication coverage to ARS and insurers. Manages a network of 1,000+ pharmacies nationwide, processing over 635,000 daily transactions. Provides detailed statistical reporting on medication consumption patterns.
3. Emergency Medical Services and Ambulances (ProMed): Emergency response and ambulance services provided 24/7/365. Services are offered capitated or per-event to corporate clients and healthcare institutions. Includes 35 ambulances and 14 home care units.
4. Capitated Dental Plans (Salud Bucal): Dental health plans administered to over 1 million affiliates through a network of multi-specialty dental clinics (owned and franchised), offering operative, preventive, aesthetic, surgical, and pediatric dental services.
5. Prepaid Health Plans (MEDICARD): Direct-to-consumer prepaid health plans sold through monthly installments, in alliance with Humano Seguros, Leidsa, and Disashop. Includes medical consultations, dentistry, laboratory, medications, hospitalization, intensive care, emergencies, cancer coverage, disability, and personal accidents.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

Grupo Read is a family-owned Dominican Republic healthcare holding company operating the integrated "Vital" health ecosystem, providing primary care (Punto Médico/Khersun), dental care (Salud Bucal), pharmaceutical benefit management (Farmacard), 24/7 emergency and ambulance services (ProMed), specialized medicine (Red Médica Dominicana), ophthalmology, and direct-to-consumer prepaid health plans (MEDICARD) to government payers, ARS insurers, corporate clients, and individual subscribers. The group also operates the MEDIPRO digital clinical platform enabling real-time electronic medical record traceability across its 90+ care centers and 1,000+ pharmacy network.

Product overview

Grupo Read is a multi-sector family holding company with over 90 years of experience in the Dominican Republic, operating a diversified portfolio of healthcare and business services. The company operates as a platform of distinct brands organized under an integrated health ecosystem called Vital, which combines physical and digital health services. The core products include: Punto Médico (primary care clinics), Salud Bucal (dental health), Farmacard (pharmaceutical administration), ProMed (emergency services), Red Médica Dominicana (specialized medicine), Clínica Oftalmológica (eye care), and Read Marine Group (marine services). Additional offerings include Incube (business incubator), MEDICARD (health insurance product), and the MEDIPRO digital clinical platform. The group also maintains investments in real estate, technology, fintech, and other strategic sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Vital: Major physical and digital health network ecosystem in the Dominican Republic, integrating brands like Punto Médico, Salud Bucal, Farmacard, Promed, Punto Visual, and Pediatrix
• MEDIPRO
• MEDICARD
• Ayuda.do
• VISUAL CARD
• Plan TVO
• Punto Visual
• Pediatrix
• Prebea

Products and services

• Punto Médico

Quantifiable outcome

• 2+ million primary care attendances for SeNaSa beneficiaries through Punto Médico/Khersun network
• +5 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and supporting.

• Humano SeguroscoreGTM or Marketing Partner · 18 September 2018Strategic alliance for MEDICARD prepaid health plan launch in 2018. Humano Seguros serves as distribution partner for the comprehensive health product covering consultations, dentistry, laboratory, medications, hospitalization, emergencies, cancer coverage, disability, and personal accidents. Sold through monthly installments with guaranteed acceptance.
• LeidsasupportingGTM or Marketing Partner · 18 September 2018Point of sale partner for MEDICARD prepaid health plans, providing retail distribution channels for individual consumers to access the product.
• DisashopsupportingGTM or Marketing Partner · 18 September 2018Point of sale partner for MEDICARD prepaid health plans, expanding accessibility through retail distribution network.
• Universidad Central del Este (UCE)supportingStrategic or Co-development PartnerInter-institutional agreement between UCE and Salud Bucal (Grupo Read) for graduates and dental specialists, providing professional development and specialization opportunities in dentistry.
• Fundación Empodera Mujer (FEM)supportingStrategic or Co-development PartnerCollaboration on women's wellness events, including talks on family planning, female health, and the relationship between health and conscious family planning. Partner foundation dedicated to supporting women in building their future.
• American Heart Association (AHA)coreStrategic or Co-development PartnerProMed is an AHA-accredited international training center, offering BLS, ACLS, PALS, and other cardiovascular life support certifications. All training conducted by certified physicians and paramedics following AHA guidelines.
• Fundación Heart Care DominicanasupportingStrategic or Co-development PartnerProMed collaborated on the 12th Cardiovascular Health Route covering 11 national destinations, providing CPR training workshops to families and communities in Puerto Plata and other locations.
• Cámara Americana de Comercio de la República Dominicana (AMCHAMDR)supportingStrategic or Co-development PartnerGrupo Read participates in AMCHAMDR's Health Committee, contributing to debates on primary care implementation challenges and opportunities in the Dominican Republic.
• Riviera YachtssupportingOthersRead Marine Group holds representation of Riviera Yachts (Australia), a leading fishing boat manufacturer. Riviera yachts are among the most sold vessels worldwide.
• Princess YachtssupportingOthersRead Marine Group represents Princess Yachts (England) for cruise vessels, two of the most prestigious and solid brands among sailing enthusiasts.
• World Bank EPiHC PrinciplescoreOthersGrupo Read adheres to the Ethical Principles for Insurance in High Contradictory environments (EPIHC) of the World Bank, demonstrating commitment to ethical business practices.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Regional players

• Hospital General Plaza de la Salud: Major Dominican hospital and academic medical center providing inpatient, outpatient, and specialty services. Comparable as a competing Dominican healthcare delivery organization competing for physicians, specialists, and ARS contracts.
• Colonial Medical Group: Puerto Rico-based integrated healthcare provider serving managed care members with primary care, specialty, and pharmacy services. Comparable as a Caribbean integrated delivery network operating under a capitated managed care model similar to Punto Médico.
• Hospiten: Spain-headquartered private hospital network with operations across the Caribbean (including the Dominican Republic). Comparable as an international integrated hospital group expanding in the same Dominican/Caribbean market where Grupo Read operates.
• CEDIMAT (Centro de Diagnóstico y Medicina Avanzada): Dominican tertiary care and diagnostics center offering specialty medicine, hospitalization, and outpatient services. Comparable as a competing Dominican specialty provider operating in the same metropolitan market as Red Médica Dominicana and Punto Médico.

Broad incumbents

• UnitedHealth Group (Optum Rx): US-based integrated payer-provider with Optum Rx as one of the largest PBMs globally. Comparable as a benchmark for integrated payer-provider-plus-PBM business model at massive scale that Farmacard's ambulatory PBM resembles.
• CVS Health (Caremark): US integrated retail pharmacy, PBM (Caremark), and health services company. Comparable as a benchmark for combining pharmacy network administration, drug benefit management, and primary care services analogous to Farmacard + Punto Médico.
• Mapfre República Dominicana: Dominican subsidiary of global insurer Mapfre offering health, life, and P&C insurance. Comparable as a large international insurance incumbent competing in the Dominican health and ARS segments with broader geographic and product scope.

Direct peers

• Humano Seguros: Dominican Republic health insurance company and Grupo Read's MEDICARD distribution partner. Comparable as a major DR payer/provider that bundles insurance with healthcare delivery and competes for the same ARS-regulated beneficiary pool.
• ARS Palic: Dominican health insurance administrator (ARS) offering plans and provider networks. Comparable as a competing payer-channel that controls beneficiary routing for primary, specialist, and pharmacy services across the Dominican market.
• Seguros Reservas (ARS Reservas): Dominican insurance/ARS affiliate of BanReservas with broad health plan distribution. Comparable as a competing Dominican ARS that channels beneficiaries into contracted provider networks similar to Punto Médico and Farmacard.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xintagram.com/gruporead
• YouTubeyoutube.com/channel/UCZMLbPEUBpyM3vxOdIOuNnA
• Facebookfacebook.com/gruporead
• LinkedInlinkedin.com/company/grupo-read

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Grupo Read